Company Quick10K Filing
Royal Gold
Closing Price ($) Shares Out (MM) Market Cap ($MM)
$0.00 66 $6,707
10-Q 2020-02-06 Quarter: 2019-12-31
10-Q 2019-11-07 Quarter: 2019-09-30
10-K 2019-08-08 Annual: 2019-06-30
10-Q 2019-05-02 Quarter: 2019-03-31
10-Q 2019-02-07 Quarter: 2018-12-31
10-Q 2018-11-01 Quarter: 2018-09-30
10-K 2018-08-09 Annual: 2018-06-30
10-Q 2018-05-03 Quarter: 2018-03-31
10-Q 2018-02-08 Quarter: 2017-12-31
10-Q 2017-11-02 Quarter: 2017-09-30
10-K 2017-08-10 Annual: 2017-06-30
10-Q 2017-05-10 Quarter: 2017-03-31
10-Q 2017-02-02 Quarter: 2016-12-31
10-Q 2016-11-03 Quarter: 2016-09-30
10-K 2016-08-11 Annual: 2016-06-30
10-Q 2016-04-28 Quarter: 2016-03-31
10-Q 2016-02-04 Quarter: 2015-12-31
10-Q 2015-11-05 Quarter: 2015-09-30
10-K 2015-08-06 Annual: 2015-06-30
10-Q 2015-04-30 Quarter: 2015-03-31
10-Q 2015-01-29 Quarter: 2014-12-31
10-Q 2014-10-30 Quarter: 2014-09-30
10-K 2014-08-07 Annual: 2014-06-30
10-Q 2014-05-01 Quarter: 2014-03-31
10-Q 2014-01-30 Quarter: 2013-12-31
10-Q 2013-11-07 Quarter: 2013-09-30
10-K 2013-08-08 Annual: 2013-06-30
10-Q 2013-05-02 Quarter: 2013-03-31
10-K 2012-08-09 Annual: 2012-06-30
10-Q 2012-05-03 Quarter: 2012-03-31
10-Q 2011-11-03 Quarter: 2011-09-30
10-K 2011-08-18 Annual: 2011-06-30
10-Q 2011-05-06 Quarter: 2011-03-31
10-Q 2011-02-04 Quarter: 2010-12-31
10-Q 2010-11-05 Quarter: 2010-09-30
10-K 2010-08-26 Annual: 2010-06-30
10-Q 2010-05-07 Quarter: 2010-03-31
10-Q 2010-02-05 Quarter: 2009-12-31
8-K 2020-02-05 Earnings, Exhibits
8-K 2019-12-05 Regulation FD, Exhibits
8-K 2019-11-20 Shareholder Vote
8-K 2019-11-06 Earnings, Exhibits
8-K 2019-10-30 Regulation FD, Exhibits
8-K 2019-10-11 Officers, Regulation FD, Exhibits
8-K 2019-09-26 Officers, Regulation FD, Exhibits
8-K 2019-08-07 Earnings, Exhibits
8-K 2019-06-11 Off-BS Arrangement
8-K 2019-06-03 Enter Agreement, Off-BS Arrangement, Exhibits
8-K 2019-05-30 Regulation FD, Exhibits
8-K 2019-05-01 Earnings, Officers, Exhibits
8-K 2019-02-25 Other Events
8-K 2019-02-14 Officers, Exhibits
8-K 2019-02-06 Earnings, Exhibits
8-K 2019-01-01 Enter Agreement, Officers, Exhibits
8-K 2018-11-14 Shareholder Vote
8-K 2018-10-31 Earnings, Exhibits
8-K 2018-09-19 Officers, Other Events, Exhibits
8-K 2018-08-08 Earnings, Exhibits
8-K 2018-06-18 Enter Agreement, Leave Agreement, Officers
8-K 2018-05-30 Officers, Regulation FD, Exhibits
8-K 2018-05-02 Earnings, Exhibits
8-K 2018-02-07 Earnings, Exhibits

Royal Gold Financials

RGLD Metrics, Comps, Filings

Annual | Quarterly

Business

Royal Gold, Inc. (“Royal Gold”, the “Company”, “we”, “us”, or “our”), together with its subsidiaries, is engaged in the business of acquiring and managing precious metal streams, royalties, and similar interests. We seek to acquire existing stream and royalty interests or to finance projects that are in production or in the development stage in exchange for stream or royalty interests.

Acquisition and Management of Stream Interests—A metal stream is a purchase agreement that provides, in exchange for an upfront deposit payment, 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. As of June 30, 2019, we owned seven stream interests, which are on six producing properties and two development stage properties. Our stream interests accounted for approximately 72% and 71% of our total revenue for the fiscal years ended June 30, 2019 and 2018 respectively. We expect stream interests to continue representing a significant proportion of our total revenue.

Acquisition and Management of Royalty Interests—Royalties are non‑operating interests in mining projects that provide the right to a percentage of revenue or metals produced from the project after deducting specified costs, if any. As of June 30, 2019, we owned royalty interests on 35 producing properties, 14 development stage properties and 129 exploration stage properties, of which we consider 47 to be evaluation stage projects. We use “evaluation stage” to describe exploration stage properties that contain mineralized material and on which operators are engaged in the search for reserves. Royalties accounted for approximately 28% and 29% of our total revenue for the fiscal years ended June 30, 2019 and 2018.


Valuation ($BB)

Market Cap, Enterprise Value

Balance Sheet ($BB)

Assets, Stockholders' Equity

Income Statement ($BB Annual)

Revenue, Gross Profit, Net Income

Cash Flow ($BB Annual)

Operating, Investing, Financing

Comps ($MM TTM) Market Cap Gross Margin EV/EBITDA Ret on Assets Assets Liabilities Revenue G Profit Net Income EBITDA EV
Agnico Eagle Mines (AEM) 6,846 0% 5,256 1,846 0 0 0 0 7,378
Royal Gold (RGLD) 6,707 42% 13.7 10% 2,544 374 423 179 262 496 6,808
Sibanye Gold (SBGL) 5,530 0% 84,923 0 0 0 0 2,981
AngloGold Ashanti (AU) 5,102 0% 6,643 3,949 0 0 0 0 4,790
Buenaventura Mining (BVN) 4,371 0% 4,217 1,188 0 0 0 0 4,371
Cleveland-Cliffs (CLF) 3,105 32% 6.2 35% 3,393 3,108 2,338 758 1,186 796 4,966
Gold Fields (GFI) 2,826 0% 6,104 3,397 0 0 0 0 2,426
Nexa Resources (NEXA) 1,577 0% 5,735 2,834 0 0 0 0 1,257
NOVAGOLD (NG) 1,555 -16.6 -42% 252 103 0 0 -107 -99 1,637
Coeur Mining (CDE) 871 -2% 49.6 -6% 1,677 831 610 -10 -109 24 1,180
McEwen Mining (MUX) 623 14% -17.9 -8% 623 135 132 18 -48 -36 649
Golden Star Resources (GSS) 425 4.2 -3% 705 285 0 43 -24 111 465
Mesabi Trust (MSB) 385 95% 9.8 162% 24 3 41 39 39 39 385
Trilogy Metals (TMQ) 383 -14.9 -41% 58 32 0 0 -24 -24 357
Golden Grain Energy (GOLD) 342 1% 29.6 1% 131 10 192 2 1 11 333
Uranium Energy (UEC) 242 -21.0 -15% 105 25 0 0 -16 -12 254
Gold Resource (GORO) 216 21% 9.7 1% 192 39 108 23 3 22 210
UR-Energy (URG) 146 -1% -21.1 -12% 93 47 16 -0 -11 -7 144
International Tower Hill Mines (THM) 107 -22.5 -7% 64 0 0 0 -4 -4 99
EMX Royalty (EMX) 88 0% 115 6 0 0 0 0 2

Balance Sheet ($MM)2011-06-302012-06-302013-06-302014-06-302015-06-302016-06-302017-06-302018-06-302019-06-30
Cash1143756646607431178689119
Accounts Receivable
Inventory
PP&E
Assets1,9032,3732,9052,8922,9253,0673,0912,6822,544
Accounts Payable233454493
Long-Term Debt210293302312322645620370220
Liabilities415510535519510781770541374
Stockholders' Equity1,4601,8382,3492,3552,3532,2292,2752,1022,137
Income Statement ($MM)2011-06-302012-06-302013-06-302014-06-302015-06-302016-06-302017-06-302018-06-302019-06-30
Revenue245289423
Cost of Revenue245
Gross Profit354375179
R&D
SG&A212024212832333530
Tax395564192076271544
Net Income7798736353-8292-11989
Cash Flow ($MM)2011-06-302012-06-302013-06-302014-06-302015-06-302016-06-302017-06-302018-06-302019-06-30
Cash Operating147162173147192170266329253
Cash Investing-306-271-309-85-51-1,010-200-11-6
Cash Financing-51370425-67-58213-97-315-217