other material
confidence high
sentiment positive
materiality 0.75
Royal Gold Q3 stream sales: 51.3K GEO; Peñasquito strike near resolution
ROYAL GOLD INC
- Q3 stream sales: ~51,300 GEOs (37,500 oz gold, 613,700 oz silver, 1,500 t copper); avg realized gold $1,933/oz.
- Cost of sales ~$416/GEO; inventory at Sep 30: 18,600 oz gold, 269,600 oz silver.
- Newmont prelim agreement to end Peñasquito strike; union ratified Oct 5; restart expected in coming days.
- Full Q3 results release Nov 1, 2023 after close; conf call Nov 2 at 1pm ET.