BioPharmX (BPMX) Promising Anti-acne Approach; Gabelli Visualizes Upside In Royal Gold (RGLD)

BioPharmX_BPMX

Shares of BioPharmX Corp. (NYSEMKT:BPMX) skyrocketed more than 135% to touch the $2.74 mark in early trading Friday after the company said that its topical gel antibacterial BPX-01 was safely absorbed and nontoxic in animals and in vitro human skin, representing a potential more effective anti-acne treatment than other topical options for the 40-50 million Americans suffering with the condition, according to BioPharmX’s research.

BPMX stock is currently exchanging hands for about $2.39, up $1.24 (or +107.83%), and 4,309,005 of its shares were traded so far, a huge increase in activity versus its average volume (3m) of 34,871

BioPharmX, a specialty pharmaceutical company, has 21.01M Shares Outstanding and BPMX 52-week range is between $0.91 and $4.50 per share

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Royal_Gold_RGLD

Investment analysts at Gabelli & Co. initiated coverage on Royal Gold, Inc. (Nasdaq:RGLD) shares with a Buy rating and a price target of $45.00

Royal Gold recently reported first quarter fiscal 2016 revenue of $74.1 million, a 7% increase year-over-year

Shares of RGLD are currently trading at $38.20, up $1.43 (or +3.89%) on Friday’s market activity

Royal Gold, which acquires and manages precious metals royalties, metal streams, and similar interests, has 65.29M Shares Outstanding and RGLD stock one-year range is from $34.42 to $77.20 per share

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