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 (NASDAQ: RGLD) announced its participation in the Virtual Non-Deal Roadshow series hosted by Renmark Financial Communications. The presentation will take place on May 12 at 4:00pm ET. Alistair Baker, VP of Investor Relations, will represent the company. A replay will be accessible on the Renmark website starting the week of May 17. Royal Gold specializes in precious metals streams and royalties and holds interests in 187 properties globally, with stakes in 41 producing mines as of March 31, 2021.
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 30th 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.
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