Written by Lorimer Wilson
Royal Gold (RGLD) Q4 financials were up across the board resulting in record revenue, net income, cash flow, production and dividends paid out for fiscal 2017.
About Royal Gold
Royal Gold 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 owns interests on 194 properties on six continents, including interests on 39 producing mines and 20 development stage projects.
Fiscal Q4 2017 Highlights Compared to Prior Year Quarter:
Fiscal 2017 Highlights Compared to Fiscal 2016:
Management Commentary
Tony Jensen, President and CEO, commented in the Company’s press release today:
“We experienced a step change in our financial results in fiscal 2017 with increased volume from recent transactions. Our strong cash flow will be focused on new business, further strengthening the balance sheet and return to shareholders.
Looking forward to the next several years, we see New Gold’s Rainy River mine, Barrick’s Cortez Crossroads deposit and Goldcorp’s Pyrite Leach Project at the Peñasquito mine driving further growth and revenue diversification.”