RGLD: Solid Q211 EPS on Higher-than-Expected Royalty Revenue

MICHAEL JALONEN, Merrill Lynch (02/03/2011)
"Royal Gold looks set to see its fiscal 2011 revenue and earnings grow substantially on a year-over-year basis, due to several royalty-covered mines ramping up to full production. Key growth assets include Goldcorp's Penasquito mine, Teck Resources' Andacollo mine and a full year's ownership of Voisey's Bay, offsetting a decline at Taparko."

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