Royal Gold, Inc. Reports Earnings Results for the Fourth Quarter and Full Year Ended December 31, 2023
February 14, 2024 at 04:05 pm EST
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Royal Gold, Inc. reported earnings results for the fourth quarter and full year ended December 31, 2023. For the fourth quarter, the company reported sales was USD 150.31 million compared to USD 160.72 million a year ago. Net income was USD 62.78 million compared to USD 56.37 million a year ago. Basic earnings per share from continuing operations was USD 0.95 compared to USD 0.86 a year ago. Diluted earnings per share from continuing operations was USD 0.95 compared to USD 0.86 a year ago.
For the full year, sales was USD 598.42 million compared to USD 596.19 million a year ago. Net income was USD 239.44 million compared to USD 238.98 million a year ago. Basic earnings per share from continuing operations was USD 3.64 compared to USD 3.64 a year ago. Diluted earnings per share from continuing operations was USD 3.63 compared to USD 3.63 a year ago.
Royal Gold, Inc. is a precious metals stream and royalty company engaged in the acquisition and management of precious metal streams, royalties and similar production-based interests. The Company's segments include Acquisition and Management of Stream Interests, and Acquisition and Management of Royalty Interests. The Acquisition and Management of Stream Interests segment includes a metal stream, which is a purchase agreement that provides the right to purchase all or a portion of one or more metals produced from a mine, at a price determined for the life of the transaction by the purchase agreement. The Acquisition and Management of Royalty Interests segment includes non-operating interests in mining projects that provide the right to revenue or metals produced from the project after deducting specified costs, if any. The Company owns interests on approximately 178 properties on five continents, including interests on 37 producing mines and 22 development stage projects.
ROYAL GOLD, INC. 
