earnings
confidence high
sentiment neutral
materiality 0.40
Royal Gold sells 53,800 GEOs in Q3 2024; avg gold price $2,459/oz
ROYAL GOLD INC
2024-Q3 EPS reported
$3.41
revenue$516,835,000
- Sold ~53,800 gold equivalent ounces: 40,700 oz gold, 688,200 oz silver, 1,400 tonnes copper.
- Average realized prices: gold $2,459/oz, silver $29.10/oz, copper $9,141/tonne ($4.15/lb).
- Cost of sales ~$506 per GEO for the quarter.
- Ending inventory: 17,000 oz gold, 219,100 oz silver, 400 tonnes copper as of Sep 30, 2024.
- Full Q3 earnings release scheduled for Nov 6, 2024 after market close.