tiprankstipranks
Royal Gold sees FY24 gold sales of 215K-230K oz
The Fly

Royal Gold sees FY24 gold sales of 215K-230K oz

Sees FY24 effective tax rate17 – 22%…Gold, silver and copper are expected to provide the majority of 2024 revenue. Sales from Other Metals are expected to be relatively minor and the range provided assumes 2024 prices of $7.50/lb for nickel, $0.90/lb for lead, and $1.10/lb for zinc, which are the metals that are expected to provide most of this component of sales. The sales guidance provided above equates to approximately 290,000 to 315,000 gold equivalent ounces1 or GEO, using metal prices of $1,950/oz for gold, $23.00/oz for silver and $3.80/lb for copper. However, when comparing actual performance to guidance during 2024, we will refer only to the sales volumes provided above and not to a GEO range.

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

Trending

Name
Price
Price Change
S&P 500
Dow Jones
Nasdaq 100
Bitcoin

Popular Articles