secwatch.observer — SEC 8-K summary
======================================

Issuer:     ROYAL GOLD INC (RGLD)
CIK:        0000085535
Form:       8-K
Filed at:   2025-08-06T23:59:59+00:00
Accession:  0000085535-25-000119
Event type: earnings
Sentiment:  positive
Materiality: 0.85
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Royal Gold reports record Q2 revenue $209.6M, EPS $2.01; agrees to acquire Sandstorm Gold and Horizon Copper
--------------------------------------------------------------------------------

- Net income $132.3M ($2.01 EPS); adjusted EPS $1.81; revenue $209.6M (record).
- Revenue split 78% gold, 11% silver, 7% copper; sales 63,900 GEOs; Adj. EBITDA margin 84%.
- Paid quarterly dividend $0.45/share, 12.5% increase YoY; liquidity ~$1.25B.
- Post-quarter: agreements to acquire Sandstorm Gold and Horizon Copper; acquired Kansanshi gold stream from First Quantum.
- Mount Milligan operator Centerra lowered gold production guidance; mine life extension PFS on track for Q3 2025.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/85535/000008553525000119/0000085535-25-000119-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/85535/000008553525000119/rgld-20250806.htm
  HTML page:      https://secwatch.observer/filing/0000085535-25-000119

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer