Royal Gold Inc Stock Price, News & Analysis

Royal Gold (NASDAQ: RGLD) has announced its participation in the Renmark Financial Communications Virtual Non-Deal Roadshow Series on Wednesday, September 11, 2024, at 2:00 p.m. EDT. Alistair Baker, Senior Vice President of Investor Relations and Business Development, will present at the event. A replay will be available on Royal Gold's website and the Renmark Financial Communications website the following week.

Royal Gold is a precious metals stream and royalty company with interests in 177 properties across five continents, including 38 producing mines and 22 development-stage projects as of June 30, 2024. The company is publicly traded on the Nasdaq Global Select Market under the symbol RGLD.

Royal Gold, Inc. (NASDAQ: RGLD) has announced its participation in the 2024 Jefferies Industrials Conference in New York. Alistair Baker, Senior Vice President of Investor Relations and Business Development, will present in a 30-minute fireside chat on Thursday, September 5, at 7:30 a.m. EDT. The presentation will be live-streamed and available for on-demand viewing shortly after the event on the company's website.

Royal Gold is a precious metals stream and royalty company with interests in 177 properties across five continents, including 38 producing mines and 22 development stage projects as of June 30, 2024. The company is publicly traded on the Nasdaq Global Select Market under the symbol RGLD.

Royal Gold (NASDAQ: RGLD) has declared its fourth quarter dividend of $0.40 per share of common stock. The dividend will be paid on October 18, 2024, to shareholders of record as of October 4, 2024. Royal Gold is a precious metals stream and royalty company with interests in 177 properties across five continents, including 38 producing mines and 22 development stage projects. The company specializes in acquiring and managing precious metal streams, royalties, and similar production-based interests.

Royal Gold reported strong Q2 2024 financial results, with net income of $81.2 million ($1.23 per share) on revenue of $174.1 million. Key highlights include:

- Revenue split: 74% gold, 13% silver, 10% copper
- Sales volume of 74,500 GEOs
- High adjusted EBITDA margin of 81%
- Repaid $100 million of debt, reducing total debt to $50 million
- Acquired additional royalties on Back River Project for $51 million

The company benefited from record high quarterly gold prices and strong portfolio performance. Royal Gold has repaid $225 million of debt in 2024, returning to a net cash position with ~$1 billion in liquidity. The Back River acquisition increases exposure to an attractive gold project in Nunavut.

Royal Gold (NASDAQ: RGLD) reported that its subsidiary, RGLD Gold AG, sold approximately 52,600 gold equivalent ounces (GEOs) in Q2 2024. This included 39,200 ounces of gold, 593,200 ounces of silver, and 1,500 tonnes of copper from streaming agreements. The company held 12,000 ounces of gold and 450,500 ounces of silver in inventory as of June 30, 2024. Average realized prices were $2,339 per ounce for gold, $28.46 per ounce for silver, and $9,475 per tonne for copper, with sales costs at $459 per GEO. Royal Gold will publish Q2 results on August 7, 2024, and host a conference call on August 8, 2024. As of June 30, 2024, Royal Gold had interests in 177 properties across five continents, including 38 producing mines and 22 development projects.

Royal Gold (NASDAQ: RGLD) will participate in the Renmark Financial Communications Virtual Non-Deal Roadshow Series on Wednesday, July 17, 2024. Alistair Baker, Senior Vice President of Investor Relations and Business Development, will represent the company at the event scheduled for 2:00 p.m. EDT. A replay of the presentation will be available on Royal Gold's website and the Renmark Financial Communications website starting the week of July 22, 2024.

Royal Gold is a precious metals stream and royalty company with interests in 177 properties across five continents, including 38 producing mines and 22 development-stage projects. The company is listed on the Nasdaq Global Select Market under the ticker symbol 'RGLD.'

Royal Gold (NASDAQ: RGLD) will participate in the Renmark Financial Communications Virtual Non-Deal Roadshow Series on June 27, 2024. Alistair Baker, SVP of Investor Relations and Business Development, will present at 2:00 p.m. EDT. A replay will be available on Royal Gold's and Renmark's websites starting the week of July 1. Royal Gold, a precious metals stream and royalty company, holds interests in 177 properties across five continents, including 37 producing mines and 24 development-stage projects. Investors can register for the event via Renmark's website.

Royal Gold (NASDAQ: RGLD) has declared a third quarter dividend of $0.40 per share of common stock. The dividend will be distributed on July 19, 2024, to shareholders recorded by July 5, 2024. Royal Gold specializes in acquiring and managing precious metal streams and royalties, holding interests in 177 properties globally as of March 31, 2024. This portfolio includes 37 producing mines and 24 development-stage projects. The company is publicly traded on the Nasdaq Global Select Market under the symbol 'RGLD'.

Royal Gold (NASDAQ: RGLD) will participate in the Renmark Financial Communications Virtual Non-Deal Roadshow Series on May 29, 2024. Alistair Baker, Senior VP of Investor Relations and Business Development, will present at 12:00 p.m. EDT. A replay will be available on Royal Gold's website and Renmark Financial’s site from the week of June 3. Royal Gold specializes in acquiring and managing precious metal streams and royalties, holding interests in 177 properties across five continents, including 37 producing mines and 24 development-stage projects.