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Royal Gold Inc - RGLD STOCK NEWS

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.

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Royal Gold (NASDAQ: RGLD) announced its participation in a live Virtual Non-Deal Roadshow on July 13 at 12:00 p.m. EDT. The presentation will be led by Alistair Baker, Vice President of Investor Relations and Business Development. A replay will be available the week of July 18 on the Renmark Financial Communications website. Royal Gold is a leading precious metals stream and royalty company, managing interests in 187 properties across five continents, including 43 producing mines as of March 31, 2022.

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Royal Gold (NASDAQ: RGLD) has declared a third-quarter dividend of $0.35 per share, set for payment on July 15, 2022. Shareholders of record by July 1, 2022 will be eligible. As of March 31, 2022, Royal Gold owns interests in 187 properties across five continents, including 43 producing mines and 18 development projects, highlighting its significant presence in the precious metals sector.

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Royal Gold reports a strong financial performance for Q1 2022, with net income of $65.7 million, or $1.00 per share, on revenue of $162.4 million, marking increases of 14% in revenue and 22% in net income year-over-year. The company maintains a robust balance sheet, ending the quarter debt-free with cash of $183.7 million and total liquidity exceeding $1.2 billion. A quarterly dividend of $0.35 per share reflects a 17% increase from last year. Notably, production at Khoemacau reached 100% silver stream rate, with the ramp-up expected to sustain through Q4 2022.

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Royal Gold (NASDAQ: RGLD) announced that Alistair Baker, Vice President of Investor Relations and Business Development, will present at the Virtual Non-Deal Roadshow hosted by Renmark Financial on May 11, 2022, at 11:00 a.m. CDT. Interested parties can register for the event through the Renmark Financial website. A replay will be available 2-3 days post-presentation. As of March 31, 2022, Royal Gold holds interests in 187 properties globally, including 43 producing mines. For more details, visit www.royalgold.com.

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Royal Gold (NASDAQ: RGLD) announced its participation in the BofA 2022 Global Metals, Mining & Steel Conference in South Beach, Florida. CEO Bill Heissenbuttel will present on May 17, 2022, from 5:30 p.m. to 5:55 p.m. EDT. The presentation will be webcast live, with a replay available on the company’s website within 24 hours. As of March 31, 2022, Royal Gold owned interests in 187 properties across five continents, including 43 producing mines.

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Royal Gold (NASDAQ: RGLD) has announced its guidance for the year ending December 31, 2022, projecting total sales volume of 315,000 to 340,000 gold equivalent ounces (GEOs). This represents a decrease from 2021's record performance. The guidance includes expectations of 220,000 to 240,000 ounces of gold and 95,000 to 100,000 GEOs from other metals. Additionally, the company has outlined estimated depreciation, depletion, and amortization expenses of $535 to $585 per GEO and an effective tax rate of 17% to 22%. Factors affecting revenue include anticipated lower gold grades and production delays.

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Royal Gold, Inc. (NASDAQ: RGLD) announced that Dan Breeze, Vice President of Corporate Development, will present at the Gold Forum Europe 2022 Conference on April 12. The presentation is scheduled from 10:00 a.m. to 10:20 a.m. EDT, and will be accessible via a live webcast. As of March 31, 2022, Royal Gold holds interests in 187 properties across five continents, including stakes in 43 producing mines and 18 development projects, positioning itself as a significant player in the precious metals sector.

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Royal Gold (NASDAQ: RGLD) will host a virtual Investor Update on April 20, 2022, from 9:30am to 11:30am ET. The management team will present an in-depth review of the company’s business, followed by a live question and answer session. Investors can access the event through the provided link. A replay will also be available on the Royal Gold website. The company specializes in precious metal streams and royalties, owning interests in 190 properties globally, including 44 producing mines and 17 projects in development.

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Royal Gold (NASDAQ: RGLD) announced participation in the Virtual Non-Deal Roadshow hosted by Renmark Financial Communications Inc.. Alistair Baker, Vice President of Investor Relations, will present on March 8, 2022, at 2:00 p.m. ET. A replay will be accessible the week of March 14 on the Renmark website. Royal Gold specializes in the acquisition and management of precious metal streams and royalties, owning interests in 190 properties globally, including 44 producing mines.

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Royal Gold (NASDAQ: RGLD) announced its second quarter dividend of $0.35 per share, payable on April 14, 2022. Shareholders of record as of April 1, 2022 will receive this dividend. The company, engaged in the acquisition and management of precious metal streams and royalties, held interests in 190 properties globally, including 44 producing mines and 17 development projects as of December 31, 2021.

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FAQ

What is the current stock price of Royal Gold (RGLD)?

The current stock price of Royal Gold (RGLD) is $148.18 as of November 21, 2024.

What is the market cap of Royal Gold (RGLD)?

The market cap of Royal Gold (RGLD) is approximately 9.8B.

What does Royal Gold Inc. do?

Royal Gold Inc. acquires and manages precious metal streams and royalties, primarily focusing on gold. It operates by purchasing a percentage of the metal produced from mining properties for an initial payment.

Where does Royal Gold's revenue come from?

The majority of Royal Gold's revenue is generated from its operations in Canada, Mexico, Chile, and the United States.

How does Royal Gold's business model work?

Royal Gold purchases a percentage of the metal produced from a mining property for an initial payment. It also enters into precious metal stream agreements, allowing it to buy a portion of metals produced from a mine for an upfront deposit payment.

What is the advantage of investing in Royal Gold?

Investing in Royal Gold allows investors to capture the value of precious metal production without the operational risks, such as capital and operating costs or environmental liabilities, associated with mining.

How many properties does Royal Gold have interests in?

Royal Gold has interests in 193 properties across six continents, including 38 producing mines and 24 development stage projects.

Does Royal Gold conduct mining operations?

No, Royal Gold does not conduct any work on the properties in which it holds royalty and streaming assets. It benefits from production without taking part in operations.

What recent achievements has Royal Gold made?

Recent achievements include successful acquisitions and new partnerships that have increased the portfolio's value and ensured a steady pipeline of future revenue streams.

What metals does Royal Gold focus on?

Royal Gold primarily focuses on gold but also includes other precious metals in its streams and royalties.

Is Royal Gold publicly traded?

Yes, Royal Gold Inc. is publicly traded on the Nasdaq Global Select Market under the symbol 'RGLD'.

What are the financial conditions of Royal Gold?

Royal Gold maintains a robust financial condition, with strategic investments that ensure long-term growth and stability.

Royal Gold Inc

Nasdaq:RGLD

RGLD Rankings

RGLD Stock Data

9.75B
65.54M
0.33%
87.63%
3.33%
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