Royal Gold Provides Update on Q1 2024 Stream Segment Sales and Details for Release of Q1 2024 Results
09 Abril 2024 - 8:00AM
Business Wire
Royal Gold, Inc. (NASDAQ: RGLD) (together with its
subsidiaries, “Royal Gold” or the “Company,” “we” or “our”)
announced today that its wholly owned subsidiary, RGLD Gold AG,
sold approximately 49,500 gold equivalent ounces (GEOs)1 comprised
of approximately 38,100 ounces of gold, 635,000 ounces of silver
and 1,100 tonnes of copper related to its streaming agreements
during the three-month period ended March 31, 2024 (the “first
quarter”). The Company had approximately 16,800 ounces of gold,
349,400 ounces of silver, and 400 tonnes of copper in inventory at
March 31, 2024.
RGLD Gold AG’s average realized gold, silver and copper prices
for the first quarter were $2,054 per ounce, $23.22 per ounce and
$8,453 per tonne ($3.83 per pound), respectively. Cost of sales was
approximately $436 per GEO for the first quarter. Cost of sales is
specific to the Company’s streaming agreements and is the result of
the Company’s purchase of gold, silver or copper for cash payments
at a set contractual price, or a percentage of the prevailing
market price of gold, silver or copper when purchased.
Details for Q1 2024 Results Release
Royal Gold’s results for the quarter ended March 31, 2024, will
be released after the market closes on Wednesday, May 8, 2024,
followed by a conference call on Thursday, May 9, 2024, at 12:00
p.m. Eastern Time (10:00 a.m. Mountain Time). The call will be
webcast and archived on the Company’s website for a limited
time.
First Quarter 2024 Call Information:
Dial-In
833-470-1428 (U.S.); toll free
Numbers:
833-950-0062 (Canada); toll free
929-526-1599 (International)
Access Code:
251350
Webcast URL:
www.royalgold.com under Investors, Events
& Presentations
Corporate Profile
Royal Gold is a precious metals stream and royalty company
engaged in the acquisition and management of precious metal
streams, royalties and similar production-based interests. As of
March 31, 2024, the Company owned interests on 177 properties on
five continents, including interests on 37 producing mines and 24
development stage projects. Royal Gold is publicly traded on the
Nasdaq Global Select Market under the symbol “RGLD.” The Company’s
website is located at www.royalgold.com.
1 GEOs are calculated as Royal Gold’s
revenue divided by the average London PM gold fixing price for the
quarter ended March 31, 2024, of $2,070 per ounce.
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version on businesswire.com: https://www.businesswire.com/news/home/20240409098671/en/
Alistair Baker Senior Vice President, Investor Relations and
Business Development (647) 749-8204
Royal Gold (NASDAQ:RGLD)
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