Royal Gold Inc Stock Price, News & Analysis

Royal Gold reported a strong financial performance for the quarter ended September 30, 2021, achieving a net income of $70.2 million ($1.07 per share) and record revenue of $174.4 million. The company generated operating cash flow of $129.9 million, with 73% of revenue from gold and 10% from silver. Key developments include increased silver stream rates from Khoemacau to 90% and a significant acquisition at the Red Chris Mine. The company also enhanced its ESG profile with an AA rating and achieved net zero carbon emissions for fiscal year 2020.

Royal Gold (NASDAQ: RGLD) announced its participation in a Virtual Non-Deal Roadshow on November 10 at 10:00 a.m. ET. Alistair Baker, VP of Investor Relations and Business Development, will present. Investors can access a replay of the event after November 15 on the Renmark Financial Communications website.

As of September 30, 2021, Royal Gold holds interests in 190 properties across five continents, including 44 producing mines and 16 development projects.

Royal Gold (NASDAQ: RGLD) reported the sale of approximately 64,300 gold equivalent ounces (GEOs) for the quarter ending September 30, 2021, aligning with previous guidance. This included about 46,400 gold ounces and 556,000 silver ounces. As of September 30, 2021, the company held 26,400 GEOs in inventory. Average realized prices for gold, silver, and copper decreased slightly from the prior quarter, with costs rising to $423 per GEO compared to $388. Royal Gold manages precious metal streaming agreements across 190 properties globally.

Royal Gold (NASDAQ: RGLD) announced that Alistair Baker, Vice President of Investor Relations and Business Development, will present at the John Tumazos Very Independent Research LLC 2021 Virtual Conference on October 12, from 1:30 to 2:30 PM ET. The presentation will be available via webcast on the Company’s website, with a replay accessible within 24 hours following the event.

Royal Gold specializes in acquiring and managing precious metal streams and royalties, holding interests in 187 properties worldwide, including 41 producing mines and 17 development projects as of June 30, 2021.

Royal Gold, Inc. (NASDAQ: RGLD) announced its participation in the Virtual Non-Deal Roadshow series hosted by Renmark Financial Communications on Tuesday, September 28 at 12:00 p.m. ET. The presentation will be led by Alistair Baker, Vice President of Investor Relations and Business Development. Investors can access a replay of the event on the Renmark website the week of October 4. Royal Gold, a leader in the precious metals sector, owns interests in 187 properties worldwide, including 41 producing mines and 17 development-stage projects.

Royal Gold (NASDAQ: RGLD) has announced that CEO Bill Heissenbuttel will present virtually at the Gold Forum Americas 2021. The presentation is scheduled for September 13, 2021, from 9:50 a.m. to 10:10 a.m. MT. Investors can access the live webcast via the Company’s website, with a replay available two hours post-presentation. As of June 30, 2021, Royal Gold owns interests in 187 properties worldwide, including 41 producing mines and 17 development projects.

Royal Gold (RGLD) has declared a fourth quarter dividend of $0.30 per share, payable on October 15, 2021, to shareholders of record by October 1, 2021. The company is involved in acquiring and managing precious metal streams and royalties, owning interests in 187 properties across five continents as of June 30, 2021, including 41 producing mines. This reflects Royal Gold's commitment to returning value to shareholders and maintaining a strong position in the precious metals market.

Royal Gold reported a strong fiscal year 2021 with a net income of $302.5 million ($4.61 per share) and revenue of $615.9 million, reflecting increases of 23% and 52%, respectively, from the prior year. Operating cash flow reached $407.2 million, with 74% of revenue from gold. The company ended the year debt-free with $222 million in net cash and $1.2 billion in liquidity. Royal Gold increased its dividend for the 20th consecutive year by 7% to $1.20 per share. Key acquisitions included royalties on the Côté Gold Project and the NX Gold Mine.

Royal Gold (NASDAQ: RGLD) announced the acquisition of a 1.0% Net Smelter Return Royalty on the Red Chris Mine for $165 million from Glencore Canada Corporation. This acquisition strengthens Royal Gold's portfolio, providing potential significant revenue for decades, starting with an expected annual royalty payment of around $3.5 million from 2020 production. The Red Chris Mine, a world-class copper and gold project in British Columbia, is set for future underground mining development to enhance production capacity.