Reports Q3 revenue $193.8M, consensus $185.18M. “The third quarter of 2024 was another excellent quarter for Royal Gold (RGLD), and our results demonstrate the leverage our business provides to a strong and rising gold price,” commented Bill Heissenbuttel, President and CEO of Royal Gold . “Solid portfolio performance underpinned our exposure to record gold prices during the quarter, and while the gold price increased 28% from the prior year, over the same period we recognized much higher increases of 40% to revenue and 46% to adjusted EBITDA. Our low and stable G&A expense insulates us from direct exposure to inflationary cost pressures and we maintained our very healthy margins with full exposure to the rising gold price over the quarter.”
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