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Royal Gold Provides 2025 Guidance for Sales, DD&A and Effective Tax Rate

DENVER — ROYAL GOLD, INC. (NASDAQ: RGLD) (together with its subsidiaries, “Royal Gold” or the “Company,” “we” or “our”) announced today its guidance for calendar year 2025 total stream and royalty sales volume, depletion, depreciation and amortization expense (“DD&A”), and effective tax rate. In keeping with prior practice, sales guidance for 2025 is provided on […]



Royal Gold (RGLD) announced its 2025 guidance for total stream and royalty sales volume, depletion, depreciation and amortization expense (DD&A), and effective tax rate. Sales volumes are expected to be split approximately 45%/55% between the first and second halves of 2025. The guidance is based on assumptions regarding production forecasts from operating counterparties and publicly available information, with certain adjustments made by Royal Gold's management. Key assumptions include lag times for Mount Milligan deliveries, ramp-up at Pueblo Viejo, and continued deferral of silver deliveries.

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