| Royal Gold Issues Second Quarter Update, Sold 61,500 Ounces Of Gold At An Average Price Of $1,094 Per Ounce | |
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Royal Gold, Inc (NASDAQ: RGLD) provided an update on its second quarter fiscal 2016 stream sales after Wednesday's market close. Royal Gold is a precious metals royalty and stream company engaged in the acquisition and management of precious metal royalties, stream and similar production based interests. Royal Gold said that its fully owned subsidiary, RGLD Gold AG, sold around 61,500 ounces of gold at average cost of $1,094 per ounce during the second quarter. The company added that it held approximately 27,500 ounces of gold in its inventory at the end of 2015. Royal Gold also noted that its average cost of sales for the second quarter was approximately $370 per stream ounce. Finally, Royal Gold announced it will report its second quarter results before the market opens for trading on Thursday, February 4, 2016. Shares of Royal Gold have lost more than 42 percent over the past year. The stock was up more than 2 percent Thursday morning. See more from Benzinga © 2016 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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Royal Gold Inc.
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PRODUCER |
CODE : RGLD |
ISIN : US7802871084 |
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ProfileMarket IndicatorsVALUE : Projects & res.Press releasesAnnual reportRISK : Asset profileContact Cpy |
Royal Gold is based in United states of america. Royal Gold produces gold, copper, lead, silver and zinc in Argentina, in Bolivia, in Burkina Faso, in Canada, in Chile, in Guinea, in Mexico, in Nicaragua and in USA, develops copper, gold, lead, silver and zinc in Australia, in Burkina Faso, in Canada and in Chile, and holds various exploration projects in Argentina, in Bulgaria, in Canada and in Finland. Its main assets in production are BALD MOUNTAIN in USA, LIMON, LEEVILLE MINING COMPLEX and GOLDSTRIKE OPEN PIT in Nicaragua, DON MARIO (CERRO PELADO) and ROBINSON (NEVADA) in Bolivia, EL CHANATE, PEÑASQUITO, WHARF, MARIGOLD, DOLORES MINE, MULATOS MINE -ESTRELLA and GOLDSTRIKE UNDERGROUND in Mexico, SIGUIRI in Guinea, TAPARKO in Burkina Faso, MARTHA MINE in Argentina, ANDACOLLO HYPOGENE, TOQUI and ANDACOLLO in Chile and WILLIAMS, TWIN CREEKS, PIPELINE MINING COMPLEX and TROY in Canada, its main assets in development are GOLD HILL and PASCUA LAMA in Chile, HOLT MINE & MILL and PINE COVE (MINGS BIGHT) in Canada, BALCOOMA in Australia and BOUROUM in Burkina Faso and its main exploration properties are CANADIAN MALARTIC (QUEBEC), GOLDSTRIPE WILLA, MANHATTAN (WHITE CAPS) and CAMP BIRD MINE in Canada. Royal Gold is listed in Canada, in Germany and in United States of America. Its market capitalisation is US$ 7.9 billions as of today (€ 7.4 billions). Its stock quote reached its lowest recent point on February 28, 1992 at US$ 0.03, and its highest recent level on April 24, 2024 at US$ 120.93. Royal Gold has 65 455 293 shares outstanding. |