Welcome to our dedicated page for Royal Gold news (Ticker: RGLD), a resource for investors and traders seeking the latest updates and insights on Royal Gold stock.
Royal Gold Inc. generates revenue from precious metal streams, royalties and similar production-based interests tied mainly to gold and other metals. The company generally does not operate the mines underlying its interests; it purchases metal or receives royalty revenue from properties held by mine operators across a portfolio that includes producing, development, evaluation and exploration assets.
Royal Gold news commonly covers operating and financial results, stream sales, portfolio transactions, dividends, investor presentations and capital-allocation actions. Updates also address balance-sheet flexibility, credit-facility capacity, share repurchase authorization and changes to royalty or stream interests that affect the company’s metals and mining exposure.
Royal Gold, Inc. (NASDAQ: RGLD) has announced a presentation in a live Virtual Non-Deal Roadshow Series hosted by Renmark Financial Communications Inc.. Alistair Baker, Vice President of Investor Relations, will present on Tuesday, March 14, at 12:00 p.m. EST / 10:00 a.m. MST. A replay will be available the week of March 20 on Renmark's website. Royal Gold specializes in acquiring and managing precious metal streams and royalties, holding interests in 182 properties across five continents as of December 31, 2022.
Royal Gold, Inc. (NASDAQ: RGLD) announced its participation in the BMO 32nd Global Metals, Mining and Critical Minerals Conference in Hollywood, Florida, scheduled for February 28. The Company's President and CEO, Bill Heissenbuttel, will deliver a 30-minute presentation at 9:00 a.m. EST. This presentation will be available for live streaming and can be accessed on-demand for three months afterward. As of December 31, 2022, Royal Gold holds interests in 182 properties across five continents, including 40 producing mines and 19 in development stages.
Royal Gold reported net income of $239.0 million ($3.63 per share) for 2022, down from $274.0 million the previous year, with revenues totaling $603.2 million. The fourth quarter saw net income of $56.4 million ($0.86 per share) on revenues of $163.0 million. The company’s production volume was 335,100 GEOs, aligning with guidance. Royal Gold increased its dividend for the 22nd consecutive year to $1.50 per share, representing a 7% increase. Key acquisitions included royalties on the Cortez Complex in Nevada and the Great Bear project in Ontario. Total liquidity stood at approximately $550 million.
Royal Gold (NASDAQ: RGLD) announced its participation in a live Virtual Non-Deal Roadshow on February 21 at 12:00 p.m. EST. Alistair Baker, Vice President Investor Relations and Business Development, will represent the company during the event. A replay will be available on the Renmark Financial Communications website starting the week of February 27. As of December 31, 2022, Royal Gold owned interests in 186 properties globally, including 40 producing mines and 20 development-stage projects. Investors are encouraged to register here for the event.
Royal Gold, Inc. (NASDAQ: RGLD) reported that its subsidiary, RGLD Gold AG, sold approximately 63,100 gold equivalent ounces (GEOs) during Q4 2022. This included roughly 46,000 gold ounces, 706,600 silver ounces, and 2,000 tonnes of copper. The average realized prices for gold, silver, and copper were $1,710, $20.09, and $8,004 per tonne, respectively. Cost of sales was approximately $396 per GEO. The company had inventory of approximately 21,000 ounces of gold as of December 31, 2022.
Royal Gold (NASDAQ: RGLD) announced a live Virtual Non-Deal Roadshow on January 11, 2023, at 11:00 a.m. CST. Alistair Baker, Vice President of Investor Relations, will present during the event. A replay will be accessible the week of January 16 via Renmark Financial Communications. As of December 31, 2022, Royal Gold owned interests in 186 properties across five continents, including 40 producing mines and 20 development-stage projects.
Royal Gold (NASDAQ: RGLD) has acquired two portions of a gross smelter return royalty in Nevada for $204.1 million. This acquisition enhances Royal Gold's interests in the Cortez Complex, a leading gold mining area operated by Barrick and Newmont. The Idaho Royalty is expected to generate immediate revenue without equity dilution and covers a large area, including prominent mines and development projects. Royal Gold anticipates production increases from the acquired assets, potentially contributing over 5,000 ounces by 2028, positioning Cortez as a top revenue producer in its portfolio.
Royal Gold (NASDAQ: RGLD) has announced its participation in the upcoming Virtual Non-Deal Roadshow Series hosted by Renmark Financial Communications Inc. on December 14 at 12:00 p.m. EST. The presentation will feature Alistair Baker, Vice President of Investor Relations and Business Development. A replay will be available on the Renmark website the week of December 19. Currently, Royal Gold holds interests in 186 properties worldwide, including 41 producing mines.
Summit Materials has announced that Karli Anderson will expand her role as Executive Vice President, now overseeing human resources and communications functions in addition to her existing responsibilities as Chief ESG Officer and Head of Investor Relations. This strategic move aims to enhance the Company’s ESG initiatives and optimize value for both employees and shareholders. Anderson brings a wealth of experience, having previously held significant roles at Royal Gold and Westwater Resources.
Royal Gold (NASDAQ: RGLD) announced a 7% increase in its annual common stock dividend, raising it from $1.40 to $1.50 per share. This translates to a quarterly dividend of $0.375, with the first payment scheduled for January 20, 2023, to shareholders on record by January 6, 2023. CEO Bill Heissenbuttel emphasized the company's commitment to sustainable dividends, underlining its unique position in the precious metals sector as part of the S&P High Yield Dividend Aristocrats Index.