Royal Gold, Inc. has issued preliminary financial information for the third quarter of 2026. The company reported stream segment sales of $318.3 million, which corresponds to 74,700 gold equivalent ounces (GEOs). The cost of sales for the stream segment was calculated at $834 per GEO. The commodity breakdown for the quarter included the sale of 57,600 ounces of gold, 772,300 ounces of silver, and 3.8 million pounds of copper.
For the royalty segment, sales are estimated to fall between $143 million and $149 million. Depreciation, depletion, and amortization (DD&A) for this segment is estimated to be between $80 million and $84 million.
The company noted several notable financial items for the quarter. Royal Gold repaid $250 million of debt, leaving an outstanding balance of $150 million on its revolving credit facility, with $1.25 billion remaining undrawn. Additionally, the company repurchased and cancelled 190,045 shares of its common stock at an average price of $259.83 per share, for a total consideration of $49 million.
Royal Gold stated that its full financial results for the third quarter will be released after the market close on Wednesday, November 4, 2026. A conference call to discuss these results is scheduled for Thursday, November 5, 2026, at 12:00 p.m. Eastern Time (10:00 a.m. Mountain Time). The call will be webcast live and archived on the company’s website.