secwatch.observer — SEC 8-K summary
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Issuer:     ROYAL GOLD INC (RGLD)
CIK:        0000085535
Form:       8-K
Filed at:   2022-11-03T23:59:59+00:00
Accession:  0001558370-22-016082
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Royal Gold Q3 net income $45.8M, revenue $131.4M; raises dividend 17%, acquires Cortez and Great Bear royalties
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- Q3 net income $45.8M ($0.70 EPS); adjusted net income $47.1M ($0.71 EPS) on revenue $131.4M; operating cash flow $95.0M; adjusted EBITDA margin 77%.
- Acquired royalties on Cortez Complex (Nevada) and Great Bear Project (Ontario); funded from cash flow and $500M revolver draw without equity dilution.
- Paid quarterly dividend of $0.35/share, up 17% YoY; repaid $50M of revolver debt; ending liquidity ~$667M.
- Mount Milligan advance stream deposit fully repaid; mine life extended to 2033 with increased gold and copper reserves.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/85535/000155837022016082/0001558370-22-016082-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/85535/000155837022016082/rgld-20221102x8k.htm
  HTML page:      https://secwatch.observer/filing/0001558370-22-016082

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