Royal Gold, Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
November 01, 2023 at 04:05 pm
Share
Royal Gold, Inc. reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was USD 136.95 million compared to USD 130.31 million a year ago. Net income was USD 49.34 million compared to USD 45.79 million a year ago. Basic earnings per share from continuing operations was USD 0.75 compared to USD 0.7 a year ago. Diluted earnings per share from continuing operations was USD 0.75 compared to USD 0.7 a year ago.
For the nine months, sales was USD 448.12 million compared to USD 435.46 million a year ago. Net income was USD 176.66 million compared to USD 182.61 million a year ago. Basic earnings per share from continuing operations was USD 2.69 compared to USD 2.78 a year ago. Diluted earnings per share from continuing operations was USD 2.68 compared to USD 2.78 a year ago.
Royal Gold, Inc. is a precious metals stream and royalty company engaged in the acquisition and management of precious metal streams, royalties and similar production-based interests. The Company's segments include Acquisition and Management of Stream Interests, and Acquisition and Management of Royalty Interests. The Acquisition and Management of Stream Interests segment includes a metal stream, which is a purchase agreement that provides the right to purchase all or a portion of one or more metals produced from a mine, at a price determined for the life of the transaction by the purchase agreement. The Acquisition and Management of Royalty Interests segment includes non-operating interests in mining projects that provide the right to revenue or metals produced from the project after deducting specified costs, if any. The Company owns interests on approximately 178 properties on five continents, including interests on 37 producing mines and 22 development stage projects.
ROYAL GOLD, INC. 
