drbubb Posted November 24, 2022 Author Report Share Posted November 24, 2022 RGLD, GROY and other top Gold Royalty co's RGLD vs. UGL, gdx, gdxj: from Jan'21: 138.59 /$64.27= 215.6%: .vs-etc: 5yr: 2yr: fr.2021: 1yr: Ytd: 10d. (/$59.70 UGL). w/EMX ... ROY'L vs. UGL : fr. 3/'21: 1yr: Ytd: 10d, RGLD ($126.78) / UGL ($59.70)= 213% ===== : UGL : RGLD - pct. : SAND: GROY : FNV : OR.t: EMX.t 3.30.23: 63.65 : 129.4-203%: $5.86 : $2.22: 145.8: 21.18: 2.67: -as Pct.: 100%> ==== -203%: 9.20%: 3.49% 229.% 33.3% 4.19% 01.12.23: 59.70 : 126.8-213%: $5.81 : $2.64: 147.4: 17.36: 2.68: -as Pct.: 100%> ==== -213%: 9.73%: 4.42% 247.% 29.1% 4.49% 10.03.22: 49.22: 96.46-196%: $5.27: $2.70: 122.3: 14.34: 2.68: -as Pct.: 100%> ==== -196%: 10.7%: 5.49% 248.% 29.1% 5.44% 04.01.22: 65.09: 146.3-225%: $8.49: $4.22: 163.7: 17.02: 2.75: -as Pct.: 100%> ==== -225%: 13.0%: 6.48% 251.% 26.1% 4.22% 03.01.21: 55.03: 103.7-200%: $6.04: ====: 106.2 : 12.50: 3.94: -as Pct.: 100%> ==== -188%: 11.0%: ====: 193.% 22.7% 7.16% 08.03.21: 76.94: 140.1 -182%: $9.48: ====: 157.6 : 16.40: 4.08: -as Pct.: 100%> ==== -182%: 12.3%: ====: 205.% 21.3% 5.30% ====== === Link to comment Share on other sites More sharing options...
drbubb Posted December 28, 2022 Author Report Share Posted December 28, 2022 Gold Royalty reports record total annual revenues, posts adjusted net loss of $12.5 million in FY22 Vladimir Basov Tuesday December 27, 2022 (Kitco News) - Gold Royalty (NYSE: GROY) announced Tuesday that for the fiscal year ended September 30, 2022 (FY22), its total revenue and option proceeds from the royalty generation program amounted to $5.7 million, exceeding guidance of $5.0 million. The company also reported adjusted net loss of $12.5 million in FY22, compared to adjusted net loss of $9.3 million in FY21, adding that cash, cash equivalents and marketable securities amounted to approximately $14.2 million as at September 30, 2022. Gold Royalty noted that in FY22, the company continued the execution of its acquisition strategy completing the acquisition of Abitibi Royalties and Golden Valley Mines and Royalties, acquiring a royalty on the Côté gold project, expanding its royalties on the Beaufor mine, and acquiring a portfolio of royalties in Nevada from Nevada Gold Mines. Importantly, the company said that its portfolio expands to 216 royalties with a focus on the best mining jurisdictions in the Americas (2021 Fraser Institute of Mining Attractiveness Index), adding that it introduced quarterly dividends in 2022, yielding over 1.5% at current share prices. Link to comment Share on other sites More sharing options...
(Kitco News) - Gold Royalty (NYSE: GROY) announced Tuesday that for the fiscal year ended September 30, 2022 (FY22), its total revenue and option proceeds from the royalty generation program amounted to $5.7 million, exceeding guidance of $5.0 million. The company also reported adjusted net loss of $12.5 million in FY22, compared to adjusted net loss of $9.3 million in FY21, adding that cash, cash equivalents and marketable securities amounted to approximately $14.2 million as at September 30, 2022. Gold Royalty noted that in FY22, the company continued the execution of its acquisition strategy completing the acquisition of Abitibi Royalties and Golden Valley Mines and Royalties, acquiring a royalty on the Côté gold project, expanding its royalties on the Beaufor mine, and acquiring a portfolio of royalties in Nevada from Nevada Gold Mines. Importantly, the company said that its portfolio expands to 216 royalties with a focus on the best mining jurisdictions in the Americas (2021 Fraser Institute of Mining Attractiveness Index), adding that it introduced quarterly dividends in 2022, yielding over 1.5% at current share prices.
drbubb Posted January 6 Author Report Share Posted January 6 Royal Gold acquires additional royalty interests on the Cortez gold complex for $204 million Royal Gold (NASDAQ: RGLD) announced today that its wholly owned subsidiary has acquired two portions of a gross smelter return royalty (the "Idaho Royalty") that together cover a large area including the Cortez mine operational area and the entirety of the Fourmile development project in Nevada from certain holders who are successors in interest to Idaho Mining Corporation for cash consideration of $204.1 million. The area within the Cortez Complex is owned or controlled by Nevada Gold Mines, a joint venture between Barrick Gold (61.5% owner and operator) and Newmont (38.5% owner), with the exception of the Fourmile development project which is 100% owned and operated by Barrick. In a statement, the company said that the Idaho Royalty consists of a 0.24% gross royalty rate covering areas including the Pipeline and Crossroads deposits, and a 0.45% gross royalty rate covering areas including the Cortez Hills, Goldrush, Fourmile and Robertson deposits. Importantly, Royal Gold noted that the Idaho Royalty is life of mine, is not subject to any stepdowns or caps, and there are no deductions applicable, adding that the Idaho Royalty is currently generating revenue and covers a total area of approximately 630 square miles. Royal Gold also said it expects the Idaho Royalty to contribute approximately 4,000 ounces to Royal Gold's account in 2023, increasing to over 5,000 ounces in 2028.... > https://www.kitco.com/news/2023-01-05/Royal-Gold-acquires-additional-royalty-interests-on-the-Cortez-gold-complex-for-204-million.html Link to comment Share on other sites More sharing options...
drbubb Posted January 13 Author Report Share Posted January 13 SAND . 3yr: 1yr: 10d / last: $5.81 ( 12 mo.Range: $4.51 to 9.18) Sandstorm Gold Royalties reports record sales and revenue in 2022 On Wednesday, Sandstorm Gold (NYSE: SAND) (TSX: SSL) reported that the company sold approximately 82,400 attributable gold equivalent ounces and realized preliminary revenue of $148.7 million for the full 2022 year, both representing a record for the company. For comparison, the company said it sold 67,548 attributable gold equivalent ounces and realized $114.9 million in revenue in 2021. According to a press release, preliminary cost of sales, excluding depletion for the full 2022 year was $23.4 million resulting in cash operating margins of approximately $1,511 per attributable gold equivalent ounce ($16.8 million and $1,539 per attributable gold equivalent ounce for the comparable period in 2021, respectively). Sandstorm is a gold royalty company that provides upfront financing to gold mining companies that are looking for capital and in return, receives the right to a percentage of the gold produced from a mine, for the life of the mine. Sandstorm holds a portfolio of 250 royalties, of which 39 of the underlying mines are producing. The company plans to grow and diversify its low cost production profile through the acquisition of additional gold royalties. > https://www.kitco.com/news/2023-01-11/Sandstorm-Gold-Royalties-reports-record-sales-and-revenue-in-2022.html Link to comment Share on other sites More sharing options...
drbubb Posted January 13 Author Report Share Posted January 13 ROY'L vs. UGL : fr. 3/'21: 1yr: Ytd: 10d, RGLD ($126.78) / UGL ($59.70)= 213% ===== : UGL : RGLD - pct. : SAND: GROY : FNV : OR.t: EMX.t 5.12.23: 66.63 : 137.5 -206%: $6.04: $2.20: 157.1: 23.90: 2.72: -as Pct.: 100%> ==== -206%: 9.06%: 3.30% 236% 35.9% 4.08% 1.12.23: 59.70 : 126.8 -213%: $5.81 : $2.64: 147.4: 17.36: 2.68: -as Pct.: 100%> ==== -213%: 9.73%: 4.42% 247.% 29.1% 4.49% 10.03.22: 49.22: 96.46-196%: $5.27: $2.70: 122.3: 14.34: 2.68: -as Pct.: 100%> ==== -196%: 10.7%: 5.49% 248.% 29.1% 5.44% 4.01.22: 65.09: 146.3-225%: $8.49: $4.22: 163.7: 17.02: 2.75: -as Pct.: 100%> ==== -225%: 13.0%: 6.48% 251.% 26.1% 4.22% 3.01.21: 55.03: 103.7-200%: $6.04: ====: 106.2 : 12.50: 3.94: -as Pct.: 100%> ==== -188%: 11.0%: ====: 193.% 22.7% 7.16% 8.03.21: 76.94: 140.1 -182%: $9.48: ====: 157.6 : 16.40: 4.08: -as Pct.: 100%> ==== -182%: 12.3%: ====: 205.% 21.3% 5.30% ====== Link to comment Share on other sites More sharing options...
drbubb Posted January 20 Author Report Share Posted January 20 SAND https://seekingalpha.com/article/4562620-sandstorm-gold-too-cheap-ignore. this is a report of 6th of dec 2022 but still relevant. ..Sandstorm Gold looks cheap vs peers. Valuation Based on ~300 million shares outstanding and a share price of US$5.20, Sandstorm trades at a market cap of ~$1.56 billion, which compares very favorably to an estimated net asset value of ~$1.84 billion after factoring in net debt of ~$520 million and estimated corporate G&A of $60 million. This represents the most attractive P/NAV multiple in its peer group among $1.0+ billion companies (~0.85x P/NAV). Investors are getting this price for a company with industry-leading growth and diversification, plus multiple assets in the lowest-cost quartile. In my view, this is a huge valuation disconnect. To put the valuation in perspective, Maverix (MMX) was just acquired for ~1.0x P/NAV with a much smaller scale (estimated ~50,000 GEOs in FY2025 for Sandstorm vs. ~150,000 for Sandstorm). Using what I believe to be a fair multiple for Sandstorm of 1.60x P/NAV to reflect the company's superior diversification and higher exposure to precious metals vs. most of its peers offset by slightly higher jurisdictional risk, I see a fair value for the stock of ~$2.94 billion. After dividing this by 300 million shares outstanding, this translates to a fair value for Sandstorm of US$9.80 - 88% upside from current levels. Meanwhile, even in what I would argue to be an ultra-conservative scenario with a lower multiple of 1.50x P/NAV, Sandstorm's fair value would come in at US$9.25, still representing a 70% upside from current levels. Link to comment Share on other sites More sharing options...
drbubb Posted February 23 Author Report Share Posted February 23 Gold royalty company Sandstorm announces record 2022 results, including record net ... Kitco News | Feb 22 (Kitco News) - The company reported record cash flows from operating activities, excluding changes in non-cash working capital of $109.8 million (FY 2021 - $83.5 million), as well as record net income of $78.5 million (FY 2021 - $27.6 million). Link to comment Share on other sites More sharing options...
drbubb Posted April 7 Author Report Share Posted April 7 .vs-etc: 5yr: 2yr: 1yr: 10d: / ... (/$59.78 UGL)... w/EMX 1.21.22: FNV $130.62 (219%), RGLD $102.25 (171%), OR.t $14.58 (24.4%), EMX.t $2.73 (4.57%), GROY (??) ROY: fr. 4.6.20: 3yr: GROY-x, SAND-x, EMX.t-x, RGLD-x From GROY presentation Link to comment Share on other sites More sharing options...
webmaster Posted April 11 Report Share Posted April 11 Royalty firm Sandstorm boasts record sales and revenue in Q1'23 http://www.kitco.com/ind/Vladimir/images/Vladimir_bio.jpg Vladimir Basov Thursday April 06, 2023 (Kitco News) - On Wednesday, Sandstorm Gold (NYSE: SAND) (TSX: SSL) reported that the company sold approximately 28,400 attributable gold equivalent ounces and realized preliminary revenue of $44.0 million in Q1 2023, both representing a record for the company. In a press release, Sandstorm said it had preliminary total sales, royalties, and income from other interests of $54.0 million for the three month period, also a record for the company. The company’s preliminary cost of sales, excluding depletion for the three month period was $6.5 million resulting in cash operating margins of approximately $1,650 per attributable gold equivalent ounce. Sandstorm is a gold royalty company that provides upfront financing to gold mining companies that are looking for capital and in return, receives the right to a percentage of the gold produced from a mine, for the life of the mine. Sandstorm holds a portfolio of 250 royalties, of which 39 of the underlying mines are producing. Sandstorm said it plans to grow and diversify its low cost production profile through the acquisition of additional gold royalties. Link to comment Share on other sites More sharing options...
(Kitco News) - On Wednesday, Sandstorm Gold (NYSE: SAND) (TSX: SSL) reported that the company sold approximately 28,400 attributable gold equivalent ounces and realized preliminary revenue of $44.0 million in Q1 2023, both representing a record for the company. In a press release, Sandstorm said it had preliminary total sales, royalties, and income from other interests of $54.0 million for the three month period, also a record for the company. The company’s preliminary cost of sales, excluding depletion for the three month period was $6.5 million resulting in cash operating margins of approximately $1,650 per attributable gold equivalent ounce. Sandstorm is a gold royalty company that provides upfront financing to gold mining companies that are looking for capital and in return, receives the right to a percentage of the gold produced from a mine, for the life of the mine. Sandstorm holds a portfolio of 250 royalties, of which 39 of the underlying mines are producing. Sandstorm said it plans to grow and diversify its low cost production profile through the acquisition of additional gold royalties.
drbubb Posted April 17 Author Report Share Posted April 17 Royal Gold, ST Top?: 2022: 138.59, R: 84.54 to 147.06, PER: 37.4, Yield: 1.08% RGLD: Oct'22 w/ugl 141.60 /$65.40 = 216.5% : FLIP: ... updated? SAND: Oct'22 w/ugl : $6.12 /$65.40= 9.36% RGLD vs. UGL, gdx, gdxj: from Jan'21: 138.59 /$64.27= 215.6%: NEWS Helped RGLD : Royal Gold reported first-quarter stream segment results. Stream sales were 60,800 ounces versus the consensus of 57,000oz (6% higher), with stream deliveries of 57,800oz, 1% higher than the consensus. Overall, gold inventories were 11% lower at 25,500oz. Link to comment Share on other sites More sharing options...
drbubb Posted May 7 Author Report Share Posted May 7 SAND seems too cheap! SAND- UGL, Rgld. since May'19 (5.21/36.1): 14.4%, last: 6.12/ 65.40= 9.36% Link to comment Share on other sites More sharing options...
drbubb Posted May 10 Author Report Share Posted May 10 Bought some shares in GROY, the laggard Gold Royalty Co. Last $2.30: 2022: Took some partial profits in RGLD, near $144 GROY / RGLD Ratio at 1.625%, is near the low extreme. Rally back to 4-5% would be great Link to comment Share on other sites More sharing options...
drbubb Posted May 17 Author Report Share Posted May 17 RGLD : 5yr: from 7/2018: Last: $132.49, -1.70, -1.27% Link to comment Share on other sites More sharing options...
drbubb Posted June 13 Author Report Share Posted June 13 Royal Gold announces commitment to acquire royalties on producing copper-gold-nickel mines in ... Kitco News | 01:34PM (Kitco News) - Royal Gold (NASDAQ: RGLD) announced on Monday that its wholly-owned subsidiary has entered into a binding commitment letter with ACG Acquisition Company to acquire new royalty interests on the producing Serrote and Santa Rita mines in Brazil ... Link to comment Share on other sites More sharing options...
drbubb Posted July 10 Author Report Share Posted July 10 Royalty firm Sandstorm Gold reports record revenue in second quarter Kitco News | Jul 7 (Kitco News) - Sandstorm Gold (NYSE: SAND) (TSX: SSL) reported Thursday that the company sold approximately 24,500 attributable gold equivalent ounces and realized record preliminary revenue of $49.8 million in Q2 2023. Sandstorm Gold (NYSE: SAND) (TSX: SSL) reported Thursday that the company sold approximately 24,500 attributable gold equivalent ounces and realized record preliminary revenue of $49.8 million in Q2 2023. In the comparable period in 2022, the company sold 19,276 attributable gold equivalent ounces and realized revenue of $36.0 million. OZ: 19,276 > 24,500 : + 27.1 % USD: $36.0M > $49.8M : + 38.3% GLD vs Price: jul.7: $162.23 > $178.64: + 10.1% GLD jul.7: $5.81 > $5.18 : - 10.8% SAND shOS 200.0m > 275.0m : +37.5%, est. SAND sh ==== Sandstorm issued approximately 74.4 million common shares of the Company (“Sandstorm Shares”) to former Nomad shareholders Link to comment Share on other sites More sharing options...
drbubb Posted July 10 Author Report Share Posted July 10 RGLD : 5yr: from Jul'18: Last: $116.13, +3.03, +2.68% Link to comment Share on other sites More sharing options...
drbubb Posted August 4 Author Report Share Posted August 4 Royal Gold logs net income of $63.4 million in second quarter, maintains annual guidance Vladimir Basov Thursday August 03, 2023 18:05 (Kitco News) - Precious metals stream and royalty company Royal Gold (NASDAQ: RGLD) yesterday announced Q2 2023 revenue of $144.0 million (Q2 2022: $146.4 million) and operating cash flow of $107.9 million (Q2 2022: $120.2 million). The company said that the decrease in total revenue in the second quarter resulted primarily from lower gold sales at Andacollo, lower copper sales at Mount Milligan and lower gold and silver production attributable to its interest at Peñasquito. “The decrease in operating cash flow was primarily due to higher interest payments on amounts outstanding under our revolving credit facility and lower royalty revenue, compared to the prior year period,” it added. The company also reported Q2 2023 net income of $63.4 million or $0.97 per share (Q2 2022: net income of $71.1 million or $1.08 per share), while adjusted net income was $57.2 million or $0.88 per share (Q2 2022: adjusted net income of $54 million or $0.81 per share). Royal Gold explained that the decrease in net income was primarily attributable to higher debt-related interest expense. Importantly, the company informed that there is no change to previously issued guidance for sales of 320,000 to 345,000 gold equivalent ounces (GEOs) for 2023. “However, if operations at Peñasquito remain suspended through the remainder of 2023, and absent other unforeseen events at our producing properties, total GEO sales may come in around the low end of the 2023 guidance range,” the company said in a press release. Link to comment Share on other sites More sharing options...
(Kitco News) - Precious metals stream and royalty company Royal Gold (NASDAQ: RGLD) yesterday announced Q2 2023 revenue of $144.0 million (Q2 2022: $146.4 million) and operating cash flow of $107.9 million (Q2 2022: $120.2 million). The company said that the decrease in total revenue in the second quarter resulted primarily from lower gold sales at Andacollo, lower copper sales at Mount Milligan and lower gold and silver production attributable to its interest at Peñasquito. “The decrease in operating cash flow was primarily due to higher interest payments on amounts outstanding under our revolving credit facility and lower royalty revenue, compared to the prior year period,” it added. The company also reported Q2 2023 net income of $63.4 million or $0.97 per share (Q2 2022: net income of $71.1 million or $1.08 per share), while adjusted net income was $57.2 million or $0.88 per share (Q2 2022: adjusted net income of $54 million or $0.81 per share). Royal Gold explained that the decrease in net income was primarily attributable to higher debt-related interest expense. Importantly, the company informed that there is no change to previously issued guidance for sales of 320,000 to 345,000 gold equivalent ounces (GEOs) for 2023. “However, if operations at Peñasquito remain suspended through the remainder of 2023, and absent other unforeseen events at our producing properties, total GEO sales may come in around the low end of the 2023 guidance range,” the company said in a press release.
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