| Royal Gold Provides Update on Fiscal 2016 Second Quarter Stream Sales and Announces Earnings Call | |
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--(BUSINESS WIRE)-- . (NASDAQ:RGLD; TSX:RGL) (together with its subsidiaries, 'Royal Gold' or the 'Company') today announced stream sales for its fiscal 2016 second quarter ended . Sales from Royal Gold's stream segment contributed more than half of Royal Gold's total revenue in its first fiscal quarter 2016.
The Company reports that its wholly owned subsidiary sold approximately 61,500 ounces of gold related to its streaming agreements, at an average realized gold price of per ounce in the second fiscal quarter. The Company had approximately 25,700 ounces of gold in inventory at . RGLD Gold AG's average cost of sales for the second fiscal quarter was approximately per stream ounce. Cost of sales is specific to our stream agreements and is the result of the Company's purchases of gold for a cash payment of a set contractual price, or the prevailing market price of gold when purchased.
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Stream Segment (does not include royalties)
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Gold Ounces
Sold
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Average Realized
Gold Price/Ounce
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Gold Ounces In
Inventory
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Three Months Ended September 30, 2015
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33,758
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$1,121
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As of September 30, 2015
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11,481
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Three Months Ended December 31, 2015
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61,500
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$1,094
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As of December 31, 2015
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25,700
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Royal Gold's second quarter results will be released before the market opens for trading on , followed by a conference call that day at (). The call will be webcast and archived on the Company's website for a limited time.
Fiscal 2016 Second Quarter Earnings Call Information:
Dial-In Numbers:
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855-209-8260 (U.S.); toll free
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855-669-9657 (Canada); toll free
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412-542-4106 (International)
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Conference Title:
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Royal Gold
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Webcast URL:
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www.royalgold.com under Investors, Events & Presentations
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About
is a precious metals royalty and stream company engaged in the acquisition and management of precious metal royalties, streams and similar production based interests. The Company owns interests on 197 properties on six continents, including interests on 39 producing mines and 23 development stage projects. is publicly traded on the NASDAQ Global Select Market under the symbol 'RGLD,' and on the under the symbol 'RGL.' The Company's website is located at www.royalgold.com.
View source version on businesswire.com: http://www.businesswire.com/news/home/20160106006641/en/
Source:
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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$ 8.0 billions as of today (€ 7.5 billions). Its stock quote reached its lowest recent point on February 28, 1992 at US$ 0.03, and its highest recent level on April 19, 2024 at US$ 122.73. Royal Gold has 65 455 293 shares outstanding. |