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) 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.
Royal Gold (NASDAQ: RGLD) announced its participation in the BofA 2022 Global Metals, Mining & Steel Conference in South Beach, Florida. CEO Bill Heissenbuttel will present on May 17, 2022, from 5:30 p.m. to 5:55 p.m. EDT. The presentation will be webcast live, with a replay available on the company’s website within 24 hours. As of March 31, 2022, Royal Gold owned interests in 187 properties across five continents, including 43 producing mines.
Royal Gold (NASDAQ: RGLD) has announced its guidance for the year ending December 31, 2022, projecting total sales volume of 315,000 to 340,000 gold equivalent ounces (GEOs). This represents a decrease from 2021's record performance. The guidance includes expectations of 220,000 to 240,000 ounces of gold and 95,000 to 100,000 GEOs from other metals. Additionally, the company has outlined estimated depreciation, depletion, and amortization expenses of $535 to $585 per GEO and an effective tax rate of 17% to 22%. Factors affecting revenue include anticipated lower gold grades and production delays.
Royal Gold, Inc. (NASDAQ: RGLD) announced that Dan Breeze, Vice President of Corporate Development, will present at the Gold Forum Europe 2022 Conference on April 12. The presentation is scheduled from 10:00 a.m. to 10:20 a.m. EDT, and will be accessible via a live webcast. As of March 31, 2022, Royal Gold holds interests in 187 properties across five continents, including stakes in 43 producing mines and 18 development projects, positioning itself as a significant player in the precious metals sector.
Royal Gold (NASDAQ: RGLD) will host a virtual Investor Update on April 20, 2022, from 9:30am to 11:30am ET. The management team will present an in-depth review of the company’s business, followed by a live question and answer session. Investors can access the event through the provided link. A replay will also be available on the Royal Gold website. The company specializes in precious metal streams and royalties, owning interests in 190 properties globally, including 44 producing mines and 17 projects in development.