 | |
| Company type | Public |
|---|---|
| Nasdaq: RGLD S&P 400 Component | |
| ISIN | US7802871084 |
| Industry | Mining |
| Founded | 1981 |
| Founder | H. Stanley Dempsey |
| Headquarters | Denver, Colorado, USA |
Key people | William Hayes, Chairman of the Board Bill Heissenbuttel, President and CEO Paul Libner, CFO and Treasurer |
| Products | Gold Silver Lead Copper Molybdenum Cobalt Zinc Potash |
| Revenue | $498.82 mil'20[1] 17.9% |
| $198.95 mil'20[1]41.4% | |
| $196.3 mil'20[1]120.3% | |
| Total assets | $2.766 bil[1] |
| Total equity | $2.302 bil[1] |
Number of employees | 27[1] |
| Website | www |
Royal Gold is one of the world's leading precious metals streaming and royalty companies engaged in the acquisition and management of precious metal streams, royalties and similar production-based interests. Royal Gold owns a large portfolio of producing, development, evaluation and exploration stage streams and royalties on properties located in some of the world's most prolific gold regions and operated by some of the most well-known companies in the mining industry.
Streams and royalties can be acquired outright from either a resource company or a private party. In the case of new streams or royalties that are sold to raise financing, the capital provided by Royal Gold is typically directed by our partner companies towards three broad uses:
- Investing directly in mining assets (for example, for mine development and construction, mine expansion, or funding exploration work);
- Providing liquidity to strengthen balance sheets;
- Funding merger and acquisition activity.
As a streaming and royalty company, Royal Gold is less exposed to operational and capital cost risks than mine operators. Royal Gold's business has over a short period of time become more internationalized and diversified (in 2010, 60% of revenue came from abroad compared to 44% the year before). In 2010, 40% of revenue came from the USA compared to 79% in 2008; Canada down to 4% from 27% in 2008, however, most assets in Canada are in the developmental phase while Africa nearly tripled to 29%.
In the 2009 edition of the Fortune Small Business Magazine (FSB) it ranked 10th among the fastest growing small businesses in the United States, 79 spots higher than in 2008.[2]
Royal Gold reported operating cash flow of $340.8 million during fiscal 2020 as well as $498.8 million in revenue and earnings per share of $3.04. [1]
- ^ a b c d e f g "Royal Gold 2020 Annual Report page 44" (PDF). 2020-08-06.
- ^ "2009 FSB 100:10. Royal Gold". CNN. 2009.