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 (NASDAQ: RGLD) has released its 2023 guidance for total stream and royalty sales volume, depletion, depreciation, and amortization (DD&A) expense, and effective tax rate. The company projects 320,000 – 345,000 gold equivalent ounces (GEO) sales, including 235,000 – 250,000 ounces of gold. DD&A expense is expected to be between $490 – 540 per GEO, with an effective tax rate of 17 – 22%.
The guidance is based on various commodity price assumptions, including $1,825 per ounce of gold and $22.50 for silver. Key properties contributing to this guidance include Cortez, Khoemacau, and Mount Milligan. Factors influencing production forecasts include ore grades, weather impacts, and lag times in concentrate shipments.
Royal Gold (NASDAQ: RGLD) has announced a virtual Investor Update set for April 20, 2023, from 9:30 AM to 12:00 PM ET. The session will provide strategic updates on the company’s business, including 2023 guidance. A press release detailing this guidance will be issued before market open on the same day. The event will include prepared remarks from management followed by a live Q&A session. Interested investors can access the live event through the Royal Gold Investor Update link. Royal Gold operates in the precious metals sector, owning interests in 182 properties globally, including 40 producing mines.
Royal Gold, Inc. (NASDAQ: RGLD) reported the sale of approximately 60,800 gold equivalent ounces (GEOs) in Q1 2023, which includes about 42,100 ounces of gold, 808,100 ounces of silver, and 2,000 tonnes of copper. The average realized prices for this period were $1,869 per ounce for gold, $22.66 for silver, and $8,851 per tonne for copper. The cost of sales per GEO was noted at approximately $411. By March 31, 2023, Royal Gold held an inventory of about 18,600 ounces of gold and 512,300 ounces of silver. The company's diverse interests extend across 182 properties worldwide, with interests in 40 producing mines and 19 development projects.
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