earnings
confidence high
sentiment positive
materiality 0.85
Royal Gold reports record Q3 revenue $193.8M, net income $96.2M; debt-free
ROYAL GOLD INC
2024-Q3 EPS reported
$3.41
revenue$516,835,000
- Revenue $193.8M (record, +40% YoY); net income $96.2M (+95% YoY); record adjusted EPS $1.47.
- Operating cash flow $136.7M (+39% YoY); adjusted EBITDA margin 81%.
- Repaid remaining $50M debt; total liquidity ~$1.1B; quarterly dividend raised 7% to $0.40/share.
- Revenue split 76% gold, 12% silver, 9% copper; 78,400 GEOs sold.
- New revenue from Manh Choh and Côté Gold mines; Mount Milligan guidance unchanged; PEA targeted H1 2025.