Royal Gold released preliminary financial results for the third quarter 2026, highlighted by robust stream segment performance and significant balance sheet deleveraging. The company sold 74,700 gold equivalent ounces (GEOs) during the period at an average gold price of $4,262 per ounce.
Key Highlights
- Stream segment sales totaled $318.3 million, driven by the sale of 57,600 ounces of gold and 772,300 ounces of silver.
- Royalty segment sales are estimated to range between $143 million and $149 million, while DD&A is projected between $80 million and $84 million.
- The company strengthened its balance sheet by repaying $250 million of debt, reducing the outstanding revolving credit balance to $150 million.
- Shareholder returns continued via the repurchase of 190,045 shares for $49 million at an average price of $259.83 per share.