BofA lowered the firm’s price target on Royal Gold (RGLD) to $245 from $246 and keeps an Underperform rating on the shares after SSR Mining (SSRM) announced a definitive agreement with Lidya Mines of Turkiye to sell its 20% ownership stake and operatorship position in the Hod Maden project and Royal concurrently announced it has agreed to reduce its ownership in Hod Maden to 15% from 30%.
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