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 (RGLD) provides investors with precious metals exposure through its innovative streaming and royalty model. This page serves as your dedicated source for official company announcements, financial updates, and strategic developments.
Access real-time updates on RGLD's streaming agreements, production milestones, and portfolio expansions. Our curated news collection includes earnings reports, partnership announcements, and operational insights directly impacting the company's royalty-based revenue streams.
Key updates cover metal production volumes, new royalty acquisitions, and financial performance metrics. Investors can track the company's global footprint across established mining regions while monitoring precious metals market exposure.
Bookmark this page for streamlined access to RGLD's evolving position in the metals streaming sector. Check regularly for verified updates that matter to royalty-focused investors and industry observers.
Royal Gold (RGLD) has declared a fourth quarter dividend of
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.
Royal Gold, Inc. (NASDAQ: RGLD) reported fourth quarter fiscal 2021 sales of approximately 63,500 gold equivalent ounces, including 50,500 gold ounces and 319,000 silver ounces, aligning with prior guidance. The company had a higher-than-expected inventory of about 38,000 GEOs at quarter-end. Average realized prices per ounce for gold, silver, and copper were $1,801, $26.45, and $9,584, respectively. Cost of sales per GEO decreased to $388, down from $410 in the previous quarter.
Royal Gold, Inc. (NASDAQ: RGLD) announced a precious metals purchase agreement with Ero Gold Corporation for gold from the NX Gold Mine in Brazil. The company will provide a $100 million advance and up to $10 million based on exploration success. Royal Gold will receive 25% of gold produced until 93,000 ounces, then 10% at 20% and 40% of the spot gold price, respectively. This strategic acquisition enhances immediate cash flow, supports regional exploration, and aligns with ESG commitments. Closing is expected in Q3 2021.
Royal Gold (NASDAQ: RGLD) announced management will participate in a Virtual Non-Deal Roadshow hosted by Renmark Financial Communications. The presentation will be led by Alistair Baker, Vice President of Investor Relations, on June 16 at 1:00 PM ET. A replay will be available the week of June 21 on Renmark's website. Royal Gold is a precious metals stream and royalty company, holding interests in 187 properties across five continents, including 41 producing mines.
Royal Gold (RGLD) announced its participation in the virtual J.P. Morgan Energy, Power & Renewables Conference. CEO Bill Heissenbuttel is set to present on June 23 from 11:30 a.m. to 12:00 p.m. EDT. Investors can access the presentation via the Company's website under the Investors/Events and Presentations section. Royal Gold specializes in acquiring and managing precious metal streams and royalties, owning interests in 187 properties across five continents, including 41 producing mines.
Royal Gold, Inc. (NASDAQ: RGLD) announced its participation in the 44th Nasdaq Virtual Investor Conference. Bill Heissenbuttel, the President and CEO, is scheduled to present on June 15 from 9:00 a.m. to 9:30 a.m. PDT. The presentation will be accessible via the Company’s website under the Investors/Events and Presentations section. Royal Gold specializes in acquiring and managing precious metal streams and royalties, owning interests in 187 properties globally, including 41 producing mines and 19 development projects as of March 31, 2021.
Royal Gold, Inc. (NASDAQ: RGLD) has declared a third quarter dividend of $0.30 per share, payable on July 16, 2021, to shareholders on record by July 2, 2021. The company specializes in managing precious metal streams and royalties, owning interests in 187 properties across five continents, including 41 producing mines and 19 development projects. This dividend indicates confidence in maintaining a stable income for shareholders.
Royal Gold (NASDAQ: RGLD) announced that management will present at the BofA Global Metals, Mining & Steel Virtual Conference on May 19, 2021. Bill Heissenbuttel, President and CEO, will speak from 10:20 a.m. to 10:50 a.m. MDT. The presentation can be accessed via the Company’s website. As of March 31, 2021, Royal Gold owns interests in 187 properties across five continents, including 41 producing mines and 19 development projects.