Royal Gold Inc Stock Price, News & Analysis

Royal Gold reported a net income of $54.0 million, or $0.82 per share, with revenue of $142.6 million for Q3 fiscal 2021, marking a 5% increase year-over-year. A significant 68% of revenue stemmed from gold at an average price of $1,794 per ounce. The company achieved operating cash flow of $92.2 million and was debt-free post repayment of its credit facility. The Khoemacau project reached 92% completion, increasing the silver stream rate to 84%. Royal Gold paid a quarterly dividend of $0.30 per share, up 7% from last year.

Royal Gold, Inc. (RGLD) reported strong sales in Q3 fiscal 2021, with approximately 52,500 gold equivalent ounces (GEOs), exceeding guidance of 48,000-53,000 GEOs. The company's inventory was higher than expected at 33,000 GEOs. Average realized prices for gold, silver, and copper were $1,828, $26.44, and $8,575 per tonne, respectively. The cost of sales per GEO decreased to $410 from $432 in the prior quarter. Royal Gold operates on 187 properties worldwide, holding significant interests in producing mines. They will release full Q3 results on May 5, 2021.

Royal Gold (NASDAQ: RGLD) announced its participation in the World Gold Forum Virtual Conference.

Management will present virtually on April 13 from 8:30 a.m. to 8:50 a.m. MT. Interested parties can access the webcast via the Company's website.

As of March 31, 2021, Royal Gold owned interests in 187 properties globally, encompassing 41 producing mines and 19 development projects.

Royal Gold (NASDAQ: RGLD) announced a virtual Investor Update scheduled for April 20, from 9:30 a.m. to 11:30 a.m. ET. The event will feature management's remarks followed by a live Q&A session. Investors can access the event via the Royal Gold Investor Update link. Dial-in options are available for U.S., Canada, and international participants. Royal Gold is engaged in acquiring and managing precious metals streams and royalties, owning interests in 189 properties worldwide, including 41 producing mines as of December 31, 2020.

Royal Gold (NASDAQ: RGLD) announced its participation in a Virtual Non-Deal Roadshow hosted by Renmark Financial Communications. Alistair Baker, the Vice President of Investor Relations, will present on Thursday, March 18 at 4:00 PM ET. A replay of the presentation will be available the week of March 22 on Renmark's website. As of December 31, 2020, Royal Gold managed interests in 189 properties across five continents, including 41 producing mines and 17 development projects.

Royal Gold (NASDAQ: RGLD) declared a second quarter dividend of $0.30 per share, payable on April 15, 2021, to shareholders of record by the close of business on April 1, 2021. The company focuses on acquiring and managing precious metal streams and royalties, currently holding interests in 189 properties across five continents, including 41 producing mines and 17 development projects. This dividend signals confidence in the company's financial health and provides value to investors.

Royal Gold, Inc. (NASDAQ: RGLD) announced participation in the BMO 30^th Global Metals and Mining Conference. CEO Bill Heissenbuttel will engage in a Royalty Panel discussion on March 2, from 9:30 a.m. to 10:30 a.m. ET. Investors can access the webcast on the Company's website. Royal Gold specializes in acquiring and managing precious metal streams and royalties, owning interests in 189 properties, including 41 producing mines as of December 31, 2020.

Royal Gold (NASDAQ: RGLD) announced a presentation at the Virtual Non-Deal Roadshow hosted by Renmark Financial Communications on February 11 at 12:00 PM ET. Alistair Baker, Vice President of Investor Relations and Business Development, will represent the company. A replay of the event will be available the week of February 15 on the Renmark website. As of December 31, 2020, Royal Gold manages interests across 189 properties on five continents, including 41 producing mines. The company focuses on precious metal streams and royalties, enhancing its portfolio in the mining sector.

Royal Gold reported a strong second quarter for fiscal 2021, achieving a net income of $59.9 million ($0.91 per share) on record revenue of $158.4 million, a 28% increase year-over-year. This growth was primarily driven by high metal prices, with 76% of revenue from gold averaging $1,874 per ounce. Operating cash flow rose to $99.9 million, and the annual dividend increased to $1.20 per share, marking the 20th consecutive annual increase. The Khoemacau project construction is 85% complete, targeting first shipments in Q3 2021.