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 premier precious metals stream and royalty company that excels in acquiring and managing valuable precious metal streams and royalties. The company's business model allows it to own interests in 193 properties across six continents, including 38 producing mines and 24 development stage projects. This extensive portfolio, focused primarily on gold, provides investors with a unique opportunity to gain value in the precious metals sector without taking on the risks typical of mining operations, such as capital and operating costs or environmental liabilities.
Operating through a straightforward yet effective business approach, Royal Gold purchases a percentage of the metal produced from a mining property for an initial payment. Unlike mining companies, it does not assume responsibility for mining operations. Similarly, the company engages in precious metal streams—agreements with mine operators that grant the right to purchase a portion of metals produced from a mine for an upfront deposit payment. This strategy allows Royal Gold to benefit from the production without having to conduct any work on the properties it holds royalty and streaming assets for.
Royal Gold's portfolio is diverse, encompassing producing, development, evaluation, and exploration royalties and streams. The majority of the company's revenue is generated from major mining regions, including Canada, Mexico, Chile, and the United States. The company's strong presence in globally recognized gold regions underscores its significant role in the sector.
Recent achievements include successful acquisitions and new partnerships that have bolstered its portfolio's value. Current projects are in various stages of development, ensuring a steady pipeline of future revenue streams. Financially, Royal Gold maintains a robust condition, with strategic investments ensuring long-term growth and stability.
By focusing on gold and other precious metals through streams and royalties, Royal Gold offers investors a strategic advantage—capturing the benefits of precious metal production without the associated operational risks. This makes it an attractive option for those looking to invest in the resilience and potential of the precious metals market.
Royal Gold (RGLD) announced its participation in the virtual J.P. Morgan Energy, Power & Renewables Conference. CEO Bill Heissenbuttel is set to present on June 23 from 11:30 a.m. to 12:00 p.m. EDT. Investors can access the presentation via the Company's website under the Investors/Events and Presentations section. Royal Gold specializes in acquiring and managing precious metal streams and royalties, owning interests in 187 properties across five continents, including 41 producing mines.
Royal Gold, Inc. (NASDAQ: RGLD) announced its participation in the 44th Nasdaq Virtual Investor Conference. Bill Heissenbuttel, the President and CEO, is scheduled to present on June 15 from 9:00 a.m. to 9:30 a.m. PDT. The presentation will be accessible via the Company’s website under the Investors/Events and Presentations section. Royal Gold specializes in acquiring and managing precious metal streams and royalties, owning interests in 187 properties globally, including 41 producing mines and 19 development projects as of March 31, 2021.
Royal Gold, Inc. (NASDAQ: RGLD) has declared a third quarter dividend of $0.30 per share, payable on July 16, 2021, to shareholders on record by July 2, 2021. The company specializes in managing precious metal streams and royalties, owning interests in 187 properties across five continents, including 41 producing mines and 19 development projects. This dividend indicates confidence in maintaining a stable income for shareholders.
Royal Gold (NASDAQ: RGLD) announced that management will present at the BofA Global Metals, Mining & Steel Virtual Conference on May 19, 2021. Bill Heissenbuttel, President and CEO, will speak from 10:20 a.m. to 10:50 a.m. MDT. The presentation can be accessed via the Company’s website. As of March 31, 2021, Royal Gold owns interests in 187 properties across five continents, including 41 producing mines and 19 development projects.
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.
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