Royal Gold, Inc. (RGLD)
Royal Gold, Inc. (RGLD) is a leading precious metals royalty and streaming company based in Denver, Colorado. It primarily acquires and manages royalties on precious metal assets, mainly gold, but also silver, copper, and other minerals. Rather than operating mines, Royal Gold earns a percentage of revenue or production from mining companies in exchange for upfront capital.
The company’s portfolio includes interests in over 180 properties located across five continents, including some of the most productive mines globally. Its business model provides exposure to the upside of mining operations without the operational risks or high costs associated with ownership. Royal Gold’s strategy centers on disciplined acquisitions and maintaining a strong balance sheet.
Royal Gold’s growth is driven by high-margin revenue streams from its royalty and streaming agreements, particularly from long-life, low-cost mines. This model provides steady cash flow and scalability, making it attractive to investors during both bullish and bearish commodity cycles. The company continues to seek new deals in low-risk jurisdictions. Chart
