Royal Gold Inc Stock Price, News & Analysis

Royal Gold (NASDAQ: RGLD) has declared a dividend of $0.375 per share for the second quarter, payable on April 21, 2023. Shareholders of record as of April 6, 2023 will receive this payment, affirming the company's commitment to return value to its investors. Royal Gold is a leader in acquiring and managing precious metal streams and royalties, owning interests in 182 properties across five continents, including 40 producing mines. The company continues to support shareholder interests while effectively managing its portfolio of precious metals investments.

Royal Gold, Inc. (NASDAQ: RGLD) has announced a presentation in a live Virtual Non-Deal Roadshow Series hosted by Renmark Financial Communications Inc.. Alistair Baker, Vice President of Investor Relations, will present on Tuesday, March 14, at 12:00 p.m. EST / 10:00 a.m. MST. A replay will be available the week of March 20 on Renmark's website. Royal Gold specializes in acquiring and managing precious metal streams and royalties, holding interests in 182 properties across five continents as of December 31, 2022.

Royal Gold, Inc. (NASDAQ: RGLD) announced its participation in the BMO 32nd Global Metals, Mining and Critical Minerals Conference in Hollywood, Florida, scheduled for February 28. The Company's President and CEO, Bill Heissenbuttel, will deliver a 30-minute presentation at 9:00 a.m. EST. This presentation will be available for live streaming and can be accessed on-demand for three months afterward. As of December 31, 2022, Royal Gold holds interests in 182 properties across five continents, including 40 producing mines and 19 in development stages.

Royal Gold reported net income of $239.0 million ($3.63 per share) for 2022, down from $274.0 million the previous year, with revenues totaling $603.2 million. The fourth quarter saw net income of $56.4 million ($0.86 per share) on revenues of $163.0 million. The company’s production volume was 335,100 GEOs, aligning with guidance. Royal Gold increased its dividend for the 22nd consecutive year to $1.50 per share, representing a 7% increase. Key acquisitions included royalties on the Cortez Complex in Nevada and the Great Bear project in Ontario. Total liquidity stood at approximately $550 million.

Royal Gold (NASDAQ: RGLD) announced its participation in a live Virtual Non-Deal Roadshow on February 21 at 12:00 p.m. EST. Alistair Baker, Vice President Investor Relations and Business Development, will represent the company during the event. A replay will be available on the Renmark Financial Communications website starting the week of February 27. As of December 31, 2022, Royal Gold owned interests in 186 properties globally, including 40 producing mines and 20 development-stage projects. Investors are encouraged to register here for the event.

Royal Gold, Inc. (NASDAQ: RGLD) reported that its subsidiary, RGLD Gold AG, sold approximately 63,100 gold equivalent ounces (GEOs) during Q4 2022. This included roughly 46,000 gold ounces, 706,600 silver ounces, and 2,000 tonnes of copper. The average realized prices for gold, silver, and copper were $1,710, $20.09, and $8,004 per tonne, respectively. Cost of sales was approximately $396 per GEO. The company had inventory of approximately 21,000 ounces of gold as of December 31, 2022.

Royal Gold (NASDAQ: RGLD) announced a live Virtual Non-Deal Roadshow on January 11, 2023, at 11:00 a.m. CST. Alistair Baker, Vice President of Investor Relations, will present during the event. A replay will be accessible the week of January 16 via Renmark Financial Communications. As of December 31, 2022, Royal Gold owned interests in 186 properties across five continents, including 40 producing mines and 20 development-stage projects.

Royal Gold (NASDAQ: RGLD) has acquired two portions of a gross smelter return royalty in Nevada for $204.1 million. This acquisition enhances Royal Gold's interests in the Cortez Complex, a leading gold mining area operated by Barrick and Newmont. The Idaho Royalty is expected to generate immediate revenue without equity dilution and covers a large area, including prominent mines and development projects. Royal Gold anticipates production increases from the acquired assets, potentially contributing over 5,000 ounces by 2028, positioning Cortez as a top revenue producer in its portfolio.

Royal Gold (NASDAQ: RGLD) has announced its participation in the upcoming Virtual Non-Deal Roadshow Series hosted by Renmark Financial Communications Inc. on December 14 at 12:00 p.m. EST. The presentation will feature Alistair Baker, Vice President of Investor Relations and Business Development. A replay will be available on the Renmark website the week of December 19. Currently, Royal Gold holds interests in 186 properties worldwide, including 41 producing mines.