Royal Gold, Inc. is the leading precious metals royalty company. Royal Gold owns and manages royalties on principally precious metals mines — most of which contain gold and silver deposits. A royalty is simply a right to receive a percentage of production from a mine.
The Company’s royalty portfolio provides investors with a unique opportunity to capture value in the precious metals sector without incurring many of the risks associated with mine operations such as capital costs, operating costs, and environmental liabilities. The distinction between a royalty company and a mining company is very important in the current market environment where the costs to build and operate mines are rising significantly.
Royal Gold owns a large portfolio of active, developing and exploration style royalties located in some of the world’s most prolific gold regions. While the company does not have to contribute to exploration costs, exploration successes by the operators of the royalty properties benefit Royal Gold as well, when new reserves are produced.
With a successful business model and business strategy that generates strong cash flow and high margins due to its low cost structure, Royal Gold provides shareholders with a premium precious metals investment in a lower risk vehicle.
Royal Gold is headquartered in Denver, Colorado and traded on the NASDAQ Global Select Market under the symbol “RGLD,” and on the Toronto Stock Exchange under the symbol “RGL.