- WORLD EDITIONAustraliaNorth AmericaWorld
Investing News NetworkYour trusted source for investing success
- Lithium Outlook
- Oil and Gas Outlook
- Gold Outlook Report
- Uranium Outlook
- Rare Earths Outlook
- All Outlook Reports
- Top Generative AI Stocks
- Top EV Stocks
- Biggest AI Companies
- Biggest Blockchain Stocks
- Biggest Cryptocurrency-mining Stocks
- Biggest Cybersecurity Companies
- Biggest Robotics Companies
- Biggest Social Media Companies
- Biggest Technology ETFs
- Artificial Intellgience ETFs
- Robotics ETFs
- Canadian Cryptocurrency ETFs
- Artificial Intelligence Outlook
- EV Outlook
- Cleantech Outlook
- Crypto Outlook
- Tech Outlook
- All Market Outlook Reports
- Cannabis Weekly Round-Up
- Top Alzheimer's Treatment Stocks
- Top Biotech Stocks
- Top Plant-based Food Stocks
- Biggest Cannabis Stocks
- Biggest Pharma Stocks
- Longevity Stocks to Watch
- Psychedelics Stocks to Watch
- Top Cobalt Stocks
- Small Biotech ETFs to Watch
- Top Life Science ETFs
- Biggest Pharmaceutical ETFs
- Life Science Outlook
- Biotech Outlook
- Cannabis Outlook
- Pharma Outlook
- Psychedelics Outlook
- All Market Outlook Reports
Royal Gold Provides Update on its Fiscal 2018 Second Quarter
Royal Gold (NASDAQ:RGLD) (together with its subsidiaries, “Royal Gold” or the “Company”) today announced that its wholly owned subsidiary RGLD Gold AG sold approximately 62,000 gold equivalent ounces comprised of approximately 52,000 gold ounces, 470,000 silver ounces and 800 tonnes of copper related to its streaming agreements during its fiscal 2018 second quarter ended December 31, …
Royal Gold (NASDAQ:RGLD) (together with its subsidiaries, “Royal Gold” or the “Company”) today announced that its wholly owned subsidiary RGLD Gold AG sold approximately 62,000 gold equivalent ounces comprised of approximately 52,000 gold ounces, 470,000 silver ounces and 800 tonnes of copper related to its streaming agreements during its fiscal 2018 second quarter ended December 31, 2017 (“second quarter”). The Company had approximately 14,000 gold ounces, 273,000 silver ounces and 400 tonnes of copper in inventory at December 31, 2017.
RGLD Gold AG’s average realized gold, silver and copper prices were $1,272 per ounce, $16.79 per ounce, and $6,746 per tonne, respectively, compared to $1,287, $16.77, and $6,562 in the prior quarter, respectively.
Cost of sales was approximately $319 per gold equivalent ounce for the second quarter using the quarterly average silver-gold ratio of approximately 76 to 1 and gold-copper ratio of approximately 0.19 tonnes per ounce, compared to $334 per gold equivalent ounce in the prior quarter.
Latest News
Investing News Network websites or approved third-party tools use cookies. Please refer to the cookie policy for collected data, privacy and GDPR compliance. By continuing to browse the site, you agree to our use of cookies.