{"id":825295,"date":"2025-03-13T07:33:37","date_gmt":"2025-03-13T11:33:37","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/royal-gold-provides-2025-guidance-for-sales-dda-and-effective-tax-rate\/"},"modified":"2025-03-13T07:33:37","modified_gmt":"2025-03-13T11:33:37","slug":"royal-gold-provides-2025-guidance-for-sales-dda-and-effective-tax-rate","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/royal-gold-provides-2025-guidance-for-sales-dda-and-effective-tax-rate\/","title":{"rendered":"Royal Gold Provides 2025 Guidance for Sales, DD&A and Effective Tax Rate"},"content":{"rendered":"

<\/p>\n

Royal Gold Provides 2025 Guidance for Sales, DD&A and Effective Tax Rate<\/b><\/p>\n

DENVER–(BUSINESS WIRE<\/a>)–ROYAL GOLD, INC. (NASDAQ: RGLD)<\/b> (together with its subsidiaries, \u201cRoyal Gold\u201d or the \u201cCompany,\u201d \u201cwe\u201d or \u201cour\u201d) announced today its guidance for calendar year 2025 total stream and royalty sales volume, depletion, depreciation and amortization expense (\u201cDD&A\u201d), and effective tax rate.\n<\/p>\n

\nIn keeping with prior practice, sales guidance for 2025 is provided on a sales volume basis to improve transparency and avoid the effect of volatile commodity prices in the conversion of revenue to gold equivalent ounces1<\/sup> (\u201cGEOs\u201d). Sales volume for stream interests represents physical metal sold, and sales volume for royalty interests represents royalty revenue received divided by the average metal price for the relevant period.\n<\/p>\n

\nRoyal Gold expects 2025 sales volume, DD&A and effective tax rate to be as follows:\n<\/p>\n\n\n\n\n\n\n\n\n\n
\n

\n\u00a0\n<\/p>\n<\/td>\n

\n\n

2025 Guidance<\/b><\/p>\n

\nJanuary 1 \u2013 December 31, 2025\n<\/p>\n<\/td>\n<\/tr>\n

\n

\nTotal Sales:\n<\/p>\n<\/td>\n

\n\n

\n\u00a0\n<\/p>\n<\/td>\n<\/tr>\n

\n

\nGold\n<\/p>\n<\/td>\n

\n\n

\n210,000 \u2013 230,000 oz\n<\/p>\n<\/td>\n<\/tr>\n

\n

\nSilver\n<\/p>\n<\/td>\n

\n\n

\n2.7 \u2013 3.3 M oz\n<\/p>\n<\/td>\n<\/tr>\n

\n

\nCopper\n<\/p>\n<\/td>\n

\n\n

\n13.5 \u2013 16.0 M lb\n<\/p>\n<\/td>\n<\/tr>\n

\n

\nOther Metals\n<\/p>\n<\/td>\n

\n\n

\n$18.0 \u2013 $21.0 M\n<\/p>\n<\/td>\n<\/tr>\n

\n

\nDD&A\n<\/p>\n<\/td>\n

\n\n

\n$126 \u2013 142 M\n<\/p>\n<\/td>\n<\/tr>\n

\n

\nEffective Tax Rate\n<\/p>\n<\/td>\n

\n\n

\n17 \u2013 22%\n<\/p>\n<\/td>\n<\/tr>\n<\/table>\n

\nGold, silver and copper are expected to provide the majority of 2025 revenue. Sales from other metals are expected to be relatively minor and the range provided assumes 2025 prices of $6.75\/lb for nickel, $0.85\/lb for lead, and $1.20\/lb for zinc, which are the metals that are expected to provide most of this component of sales. Sales volumes are expected to be split approximately 45%\/55% between the first half and second half of 2025.\n<\/p>\n

\nThe 2025 sales guidance is calculated based on a review of confidential information and production forecasts provided to Royal Gold from certain operating counterparties, and publicly available production forecasts for those interests where Royal Gold does not have rights to receive confidential information. Certain of these third-party forecasts have been adjusted by Royal Gold based on management\u2019s experience.\n<\/p>\n

\nThis guidance is based on the following assumptions with respect to our Principal Properties2<\/sup>:\n<\/p>\n