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Fly News Breaks for September 8, 2015
RGLD
Sep 8, 2015 | 05:27 EDT
Goldman Sachs analyst Andrew Quail downgraded Royal Gold to Neutral citing Mt. Milligan production risks with copper prices down 13% this quarter. Mt. Milligan is Royal Gold's main free cash flow contributor over the next two years, Quail tells investors in a research note. He cut his price target for shares to $60 from $70.
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