ROYAL GOLD INC
For the period ended May 22, 2025. Filed Apr 4, 2025.
View on SEC.govAbout this filing
What shareholders are asked to vote on at a company's meeting. It is where to find what directors and top executives are paid, and who owns the most shares.
May 22, 2025 · Filed Apr 4, 2025
Contents
Performance
2024 Performance
Royal Gold has a long history of managing our business around a simple set of strategic goals that include acquiring high quality and long-lived assets in stable jurisdictions, funding our growth with limited equity dilution, maintaining a strong balance sheet and liquidity, and increasing our return to stockholders. Progress towards achievement of these goals in 2024 is summarized below.
| $719.4M | $1B | ||
| Strong financial performance with record revenue of $719.4 million, operating cash flow of $529.5 million, and earnings of $332.0 million. | $1 billion returned to stockholders since our first dividend payment in 2000, and our dividend per share increased for the 24th consecutive year. This history of dividend payment and growth is unique in the precious metals sector and Royal Gold is the only precious metals company in the S&P High Yield Dividend Aristocrats Index. | ||
|---|---|---|---|
| 301,500 GEOs* | $1.2B | ||
| Robust production volume of 301,500 GEOs for 2024, including the first contributions from the new Mara Rosa, Côté Gold, and Manh Choh mines. | Maintained available liquidity of $1.2 billion as of December 31, 2024, representing approximately $190 million in working capital and $1 billion undrawn and available under our revolving credit facility. | ||
| $106M of Acquisitions | |||
| We acquired royalty interests for total cash consideration of $106 million on the Back River Gold District in Nunavut, Canada, and the Cactus Project in Arizona, U.S.A. | |||
*Gold equivalent ounces or “GEOs” are calculated as Royal Gold’s total revenue for 2024 of $719.4 million divided by the average LBMA PM gold fixing price for 2024 of US$2,386 per ounce.
| 40 | Royal Gold | 2025 Proxy Statement |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.