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. (NASDAQ: RGLD) is a precious metals company that focuses on streams, royalties and similar production-based interests, and its news flow reflects this specialized business model. Company press releases and SEC filings highlight updates on stream segment sales, portfolio developments, acquisitions and capital allocation decisions, providing insight into how Royal Gold’s portfolio of gold-focused and other metal interests is performing.
News about Royal Gold frequently covers stream segment sales, including the volume of gold equivalent ounces sold by its subsidiaries under streaming agreements and the associated realized metal prices and costs. These updates help investors understand how production from underlying mines translates into revenue for Royal Gold. The company also issues news on quarterly and annual financial results, detailing revenue, net income, operating cash flow and other performance metrics.
Another key theme in Royal Gold’s news is portfolio growth and rationalization. Recent announcements describe the completion of the Sandstorm Gold Ltd. and Horizon Copper Corp. acquisitions, which added significantly to Royal Gold’s diversified portfolio of precious metal stream and royalty interests. Other releases discuss non-core asset rationalization, such as the sale of shares in Versamet Royalties and the restructuring of investments in Bear Creek Mining Corporation in exchange for additional royalty exposure and cash.
Royal Gold also reports on new agreements and portfolio developments, including precious metals purchase agreements like the one tied to gold deliveries referenced to copper production from the Kansanshi mine. Portfolio updates relay information from mine operators about mine life extensions, production guidance, feasibility studies and project milestones at properties where Royal Gold holds streams or royalties.
Investors following RGLD news can expect regular updates on stream sales, financial results, acquisitions, asset sales, portfolio developments and investor events. Bookmarking this page offers a centralized view of Royal Gold’s official announcements and related regulatory disclosures.
Royal Gold, Inc. (NASDAQ: RGLD) announced a presentation in the live Virtual Non-Deal Roadshow Series hosted by Renmark Financial Communications Inc.. Vice President Alistair Baker will present on Wednesday, September 14, at 10:00 a.m. EDT. A replay will be available on the Renmark website the week of September 19. The company, focused on acquiring and managing precious metal streams and royalties, owns interests in 185 properties across five continents, including 41 producing mines.
Royal Gold (NASDAQ: RGLD) announced its fourth quarter dividend of $0.35 per share, payable on October 21, 2022. Shareholders of record by October 7, 2022 will receive this dividend. The company, renowned for managing precious metal streams and royalties, holds interests in 185 properties across five continents, including 41 producing mines and 19 development projects as of June 30, 2022.
Royal Gold reported net income of $71.1 million, or $1.08 per share, for Q2 2022, down from $81.7 million in the previous year. Revenue reached $146.4 million, with cash flow of $120.2 million. The company, debt-free with $280.6 million in cash, announced plans to acquire Great Bear Royalties Corporation and a royalty on the Cortez Complex for $525 million. Production volume was 78,300 GEOs, with a revenue split of 71% gold, 11% silver, and 14% copper. A quarterly dividend of $0.35 per share was declared, marking a 17% year-over-year increase.
Royal Gold, Inc. (NASDAQ: RGLD) has acquired a life of mine gross royalty for $525 million on the Cortez Complex in Nevada from Kennecott Royalty Company. This acquisition enhances Royal Gold's exposure to one of the world’s top gold mining regions, expected to yield substantial revenues starting in late 2022. The Royalty covers approximately 300 square miles, providing potential for exploration and growth alongside established operators Barrick Gold and Newmont Corporation. The transaction will utilize available cash and a credit facility, ensuring no shareholder dilution.
Royal Gold, Inc. (NASDAQ: RGLD) reported the sale of approximately 56,100 gold equivalent ounces (GEOs) for the second quarter ending June 30, 2022. This includes about 40,200 gold ounces, 550,000 silver ounces, and 1,800 tonnes of copper. The average realized prices were $1,876 for gold, $23.44 for silver, and $9,124 for copper. Cost of sales was approximately $425 per GEO. As of June 30, 2022, the Company had about 28,800 GEOs in inventory, comprising 24,000 gold ounces and 403,100 silver ounces.
Royal Gold, Inc. (NASDAQ: RGLD) has announced its agreement to acquire Great Bear Royalties Corp. (GBR) for cash consideration of C$6.65 per share, representing a 43% premium and valuing GBR at approximately C$199.5 million. The acquisition, approved by both boards, will enhance Royal Gold's exposure to the Great Bear Project in Ontario, Canada. GBR holds a 2.0% net smelter return royalty on this project, which is gaining recognition as a major gold discovery. Royal Gold expects to finance this acquisition using available cash.
Royal Gold (NASDAQ: RGLD) announced its participation in a live Virtual Non-Deal Roadshow on July 13 at 12:00 p.m. EDT. The presentation will be led by Alistair Baker, Vice President of Investor Relations and Business Development. A replay will be available the week of July 18 on the Renmark Financial Communications website. Royal Gold is a leading precious metals stream and royalty company, managing interests in 187 properties across five continents, including 43 producing mines as of March 31, 2022.
Royal Gold (NASDAQ: RGLD) has declared a third-quarter dividend of $0.35 per share, set for payment on July 15, 2022. Shareholders of record by July 1, 2022 will be eligible. As of March 31, 2022, Royal Gold owns interests in 187 properties across five continents, including 43 producing mines and 18 development projects, highlighting its significant presence in the precious metals sector.
Royal Gold reports a strong financial performance for Q1 2022, with net income of $65.7 million, or $1.00 per share, on revenue of $162.4 million, marking increases of 14% in revenue and 22% in net income year-over-year. The company maintains a robust balance sheet, ending the quarter debt-free with cash of $183.7 million and total liquidity exceeding $1.2 billion. A quarterly dividend of $0.35 per share reflects a 17% increase from last year. Notably, production at Khoemacau reached 100% silver stream rate, with the ramp-up expected to sustain through Q4 2022.
Royal Gold (NASDAQ: RGLD) announced that Alistair Baker, Vice President of Investor Relations and Business Development, will present at the Virtual Non-Deal Roadshow hosted by Renmark Financial on May 11, 2022, at 11:00 a.m. CDT. Interested parties can register for the event through the Renmark Financial website. A replay will be available 2-3 days post-presentation. As of March 31, 2022, Royal Gold holds interests in 187 properties globally, including 43 producing mines. For more details, visit www.royalgold.com.