Royal Gold Q1 2025 stream sales: 42,800 GEOs sold; avg gold price $2,842/oz

ROYAL GOLD INC

Stream segment sold approx 42,800 GEOs (33,300 oz gold, 597,400 oz silver, 1,000 t copper) in Q1 2025.
Average realized prices: gold $2,842/oz, silver $31.30/oz, copper $9,306/tonne ($4.22/lb).
Cost of sales was approx $573 per GEO for the streaming agreements.
Inventory at March 31, 2025: 18,400 oz gold, 313,200 oz silver, 400 tonnes copper.
Full Q1 2025 results to be released May 7, 2025; conference call on May 8, 2025.

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