Company profile

Ticker
RGLD
Exchange
CEO
William Holmes Heissenbuttel
Employees
Incorporated in
Location
Fiscal year end
Industry (SEC)
Former names
Royal Gold Inc
SEC CIK
IRS number
840835164

RGLD stock data

(
)

Calendar

7 May 20
6 Jul 20
30 Jun 21

News

Company financial data Financial data

Quarter (USD) Mar 20 Dec 19 Sep 19 Jun 19
Revenue 136.44M 123.64M 118.77M 115.69M
Net income 38.29M 40.41M 68.87M 25.46M
Diluted EPS
Net profit margin 28.07% 32.69% 57.99% 22.01%
Operating income 52.28M 53.31M 48.78M 40.72M
Net change in cash 13.21M -41.47M 2.5M -96.52M
Cash on hand 93.72M 80.5M 121.97M 119.48M
Cost of revenue
Annual (USD) Jun 19 Jun 18 Jun 17 Jun 16
Revenue 423.06M 459.04M 440.81M 288.81M
Net income 89.08M -119.35M 92.43M -82.44M
Net profit margin 21.06% -26.00% 20.97% -28.54%
Operating income 140.71M -74.54M 145.94M 4.82M
Net change in cash 30.73M 2.9M -30.79M -626.22M
Cash on hand 119.48M 88.75M 85.85M 116.63M

Financial data from Royal Gold earnings reports

Date Owner Security Transaction Code 10b5-1 $Price #Shares $Value #Remaining
10 Jun 20 Shefman Randy Stock Option Common Stock Option exercise Dispose M No 75.32 1,100 82.85K 0
10 Jun 20 Shefman Randy Common Stock Sell Dispose S No 126 4,799 604.67K 6,268
10 Jun 20 Shefman Randy Common Stock Payment of exercise Dispose F No 126 165 20.79K 11,300
10 Jun 20 Shefman Randy Common Stock Sale back to company Dispose D No 126 405 51.03K 11,465
10 Jun 20 Shefman Randy Common Stock Option exercise Aquire M No 75.32 1,100 82.85K 11,870
10 Jun 20 Shefman Randy Common Stock Option exercise Aquire M No 68.18 1,200 81.82K 10,770
10 Jun 20 Shefman Randy Common Stock Option exercise Aquire M No 56.54 1,411 79.78K 9,570
10 Jun 20 Shefman Randy Common Stock Option exercise Aquire M No 75.72 1,500 113.58K 8,159
10 Jun 20 Shefman Randy Common Stock Option exercise Aquire M No 62.14 391 24.3K 6,659
10 Jun 20 Shefman Randy Stock Option Common Stock Option exercise Dispose M No 56.54 1,179 66.66K 0
78.4% owned by funds/institutions
13F holders
Current Prev Q Change
Total holders 355 401 -11.5%
Opened positions 50 76 -34.2%
Closed positions 96 53 +81.1%
Increased positions 119 135 -11.9%
Reduced positions 129 125 +3.2%
13F shares
Current Prev Q Change
Total value 16.46B 17.78B -7.4%
Total shares 51.44M 52.59M -2.2%
Total puts 893.4K 1.18M -24.3%
Total calls 791.3K 1.05M -24.7%
Total put/call ratio 1.1 1.1 +0.5%
Largest owners
Shares Value Change
Capital World Investors 7.95M $697.21M -1.1%
Vanguard 7.32M $642.23M +2.2%
BLK BlackRock 6.57M $576.45M -0.7%
Van Eck Associates 4.02M $352.82M -6.8%
First Eagle Investment Management 3.02M $265.04M +5.2%
STT State Street 1.79M $156.87M -1.0%
WFC Wells Fargo & Co. 855.68K $75.05M -11.1%
NTRS Northern Trust 813.47K $71.35M -0.7%
Geode Capital Management 806.72K $70.76M +5.3%
FMR 786.73K $69M -42.0%
Largest transactions
Shares Bought/sold Change
Clearbridge Advisors 0 -608.19K EXIT
Norges Bank 0 -607.43K EXIT
FMR 786.73K -570.75K -42.0%
D. E. Shaw & Co. 496.49K +492.94K +13889.5%
Tocqueville Asset Management 6.06K -425.79K -98.6%
Allianz Asset Management GmbH 407.36K +310.85K +322.1%
Advisor 296.2K +296.2K NEW
Van Eck Associates 4.02M -293.95K -6.8%
Renaissance Technologies 665.31K +265.8K +66.5%
Millennium Management 221.73K +221.73K NEW

Financial report summary

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Risks
  • Volatility in gold, silver, copper, nickel and other metal prices may have an adverse impact on the value of our stream and royalty interests and may reduce our revenues. Certain contracts governing our stream and royalty interests have features that may amplify the negative effects of a decrease in metals prices.
  • We own passive interests in mining properties, and it is difficult or impossible for us to ensure properties are developed or operated in our best interest.
  • Our revenues are subject to operational and other risks faced by operators of the properties in which we hold stream or royalty interests.
  • Many of our stream and royalty interests are important to us and any adverse development related to these properties could adversely affect our revenues and financial condition.
  • Problems concerning the existence, validity, enforceability, terms or geographic extent of our stream and royalty interests could adversely affect our business and revenues, and our interests may similarly be materially and adversely impacted by change of control, bankruptcy or the insolvency of operators.
  • We have limited access to data and information regarding the operation of the properties on which we have stream and royalty interests, which may limit our ability to assess the performance of a stream or royalty interest.
  • Stream and royalty interests we acquire, particularly on development stage properties, are subject to the risk that they may not produce anticipated revenues.
  • Operators may interpret our stream and royalty interests in a manner adverse to us or otherwise may not abide by their contractual obligations, and we could be forced to take legal action to enforce our contractual rights.
  • Potential litigation affecting the properties that we have stream and royalty interests in could have a material adverse effect on us.
  • We may enter into acquisitions or other material transactions at any time.
  • We may be unable to successfully acquire additional stream or royalty interests at appropriate valuations.
  • Development and operation of mines is very capital intensive and any inability of the operators of properties where we hold stream and royalty interests to meet liquidity needs, obtain financing or operate profitably could have material adverse effects on the value of and revenue from our stream and royalty interests.
  • Certain of the agreements governing our stream and royalty interests contain terms that reduce or cap the revenues generated from those interests.
  • Estimates of mineral reserves and other mineralized material by the operators of mines in which we have stream and royalty interests are subject to significant revision.
  • The mineral reserves at producing properties subject to our stream and royalty interests may decline if the operators of those properties are unable to replace the mineral reserves consumed through mining.
  • Estimates of production by the operators of mines in which we have stream and royalty interests are subject to change, and actual production may vary materially from such estimates.
  • If title to mining claims, concessions, licenses, leases or other forms of tenure is not properly maintained by the operators, or is successfully challenged by third parties, our stream and royalty interests could be found to be invalid.
  • Operations in foreign countries or other sovereign jurisdictions are subject to many risks, which could decrease our revenues.
  • Our business and the mining projects in which we have stream and royalty interest are subject to extraterritorial and domestic anti-bribery laws and labor laws, a breach or violation of which could lead to civil and criminal fines and penalties and other collateral consequences such as reputational harm.
  • Opposition from indigenous people may delay or suspend development or operations at the properties where we hold stream and royalty interests, which could decrease our revenues.
  • Changes in mining taxes and royalties payable to governments could decrease our revenues.
  • The mining industry is subject to environmental risks in the United States and in the foreign jurisdictions where mines subject to our interests are located, including risk associated with climate change.
  • We are dependent upon information technology systems, which are subject to cyber threats, disruption, damage and failure.
  • We depend on the services of our President and Chief Executive Officer, management and other key employees.
  • Our disclosure controls and internal control over our financial reporting are subject to inherent limitations.
  • We have incurred indebtedness in connection with our business and may in the future incur additional indebtedness that could limit cash flow available for our operations, limit our ability to borrow additional funds and, if we were unable to repay our debt when due, would have a material adverse effect on our business, results of operations, cash flows and financial condition.
  • Our stock price may continue to be volatile and could decline.
  • Additional issuances of equity securities by us could dilute our existing stockholders, reduce some or all of our per share financial measures, reduce the trading price of our common stock or impede our ability to raise future capital. Substantial sales of shares may negatively impact the market price of our common stock.
  • We may change our practice of paying dividends.
  • Certain provisions of Delaware law and, our organizational documents could impede, delay or prevent an otherwise beneficial takeover or takeover attempt of us.
Management Discussion
  • Listed below are the accounting policies that the Company believes are critical to its financial statements due to the degree of uncertainty regarding the estimates or assumptions involved and the magnitude of the asset, liability, revenue or expense being reported.  Please also refer to Note 2 of the notes to consolidated financial statements for a discussion on recently adopted and issued accounting pronouncements.
  • The preparation of our financial statements, in conformity with accounting principles generally accepted in the United States of America, requires management to make estimates and assumptions.  These estimates and assumptions affect the reported amounts of assets and liabilities, at the date of the financial statements, as well as the reported amounts of revenues and expenses during the reporting period.
  • We rely on reserve estimates reported by the operators of the properties on which we hold stream and royalty interests.  These estimates and the underlying assumptions affect the potential impairments of long‑lived assets and the ability to realize income tax benefits associated with deferred tax assets.  These estimates and assumptions also affect the rate at which we recognize revenue or charge depreciation, depletion and amortization to earnings.  On an ongoing basis, management evaluates these estimates and assumptions; however, actual amounts could differ from these estimates and assumptions.  Differences between estimates and actual amounts are adjusted and recorded in the period that the actual amounts are known.
Content analysis ?
Positive
Negative
Uncertain
Constraining
Legalese
Litigous
Readability
H.S. sophomore Good
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