Gold Streaming & Royalty, Company Profiles

Q: What are the benefits of investing in precious metals?

Investing in precious metals like gold, silver, and platinum can provide a hedge against economic uncertainty, inflation, and currency devaluation. Precious metals are considered safe-haven assets and store of value, making them attractive to investors seeking portfolio diversification and wealth preservation.

Q: Can commodities help hedge against inflation?

Yes, commodities can serve as an effective hedge against inflation. Since commodity prices typically rise when inflation increases, investing in commodities can protect against the erosion of purchasing power that inflation causes. This is particularly true for precious metals like gold and silver.

Q: What is the role of commodities in alternative investments?

Commodities are raw materials or primary agricultural products that can be traded on exchanges. Investing in commodities can provide diversification, inflation protection, and exposure to global economic trends. Common commodities include precious metals, energy products, agricultural goods, and industrial metals.

Q: What is the difference between physical and paper commodities?

Physical commodities refer to tangible goods like gold, oil, and wheat that can be physically delivered. Paper commodities, such as futures contracts and ETFs, represent ownership or exposure to the commodity without physical delivery. Both types offer different investment opportunities and risk profiles.

Q: What are the benefits of investing in physical gold?

Investing in physical gold can offer portfolio diversification, act as a hedge against inflation and currency devaluation, and provide a store of value. Gold has been a traditional safe haven in times of economic uncertainty.

Q: What is a real asset?

Real assets are physical or tangible assets that have intrinsic value due to their substance and properties. Examples include real estate, commodities, natural resources (like timber and oil), and precious metals. Real assets often serve as a hedge against inflation and provide portfolio diversification.

Q: What is the role of cryptocurrencies in intellectual property and digital rights management?

Cryptocurrencies and blockchain technology support intellectual property and digital rights management by providing secure, transparent, and immutable records of ownership and licensing. Smart contracts automate royalty payments, content distribution, and copyright protection, empowering creators and rights holders in the digital economy.

Q: What are the main types of commodities?

Commodities can be categorized into four main groups: agricultural (e.g., wheat, corn, coffee), energy (e.g., crude oil, natural gas), metals (e.g., gold, silver, copper), and livestock (e.g., cattle, hogs). Each group has its own market dynamics and factors that influence prices.

Q: What is the role of commodities in the supply chain?

Commodities are essential components of the global supply chain, providing raw materials for manufacturing, construction, agriculture, and energy production. They play a critical role in various industries and economic activities, influencing production costs, pricing, and market dynamics.

Q: What is the impact of earnings on corporate finance?

Earnings have a significant impact on corporate finance by: Measuring Profitability: Assessing the company's financial performance, profitability, and efficiency in generating profits from operations. Supporting Valuation: Influencing the company's stock price, market value, and investor sentiment based on earnings growth, earnings quality, and earnings consistency. Driving Investment Decisions: Guiding capital allocation, strategic planning, and resource allocation based on earnings projections, earnings forecasts, and earnings targets. Communicating Performance: Reporting financial results, earnings reports, and earnings releases to stakeholders, investors, and analysts to communicate business performance and financial health. By managing earnings effectively, analyzing earnings metrics, and communicating earnings performance transparently, companies can enhance financial performance, attract investors, and achieve long-term success in a competitive business environment.

Feb 16, 2024 9:05 PM

Gold Streaming & Royalty, Company Profiles

Introduction

In the world of precious metals, there are many ways to generate revenue. One of the most popular methods is through the acquisition and management of precious metal streams, royalties, and similar production-based interests. Royal Gold, Inc. (NASDAQ: RGLD) and Sandstorm Gold Ltd. are two companies that specialize in this area. Royal Gold is a publicly traded precious metals stream and royalty company that owns interests on 178 properties on five continents, including interests on 37 producing mines and 22 development stage projects. Sandstorm Gold Ltd. is a Canadian-based gold mining company that had record attributable gold equivalent ounces of 97,245 ounces, record revenue of $179.6 million, record total sales, royalties, and income from other interests of $191.4 million, record cash flows from operating activities, excluding changes in non-cash working capital of $151.1 million, net income of $42.7 million, and average cash cost per attributable gold equivalent ounce of $223 resulting in cash operating margins of $1,706 per ounce.

Royal Gold

Royal Gold will present at the BMO 33rd Global Metals, Mining and Critical Minerals Conference in Hollywood, Florida on Tuesday, February 27, 2024 at 9:00 a.m. EST (7:00 a.m. MST) in a presentation lasting 30 minutes. The presentation will be webcast live and will be available for on-demand viewing for three months on the Investors/Events and Presentations page on the company's website. Royal Gold is a precious metals stream and royalty company engaged in the acquisition and management of precious metal streams, royalties and similar production-based interests. As of December 31, 2023, the Company owned interests on 178 properties on five continents, including interests on 37 producing mines and 22 development stage projects. Royal Gold is publicly traded on the Nasdaq Global Select Market under the symbol “RGLD.”

Sandstorm Gold Ltd.

Sandstorm Gold Ltd. released its financial results for the fourth quarter and year ended December 31, 2023. The company had record attributable gold equivalent ounces of 97,245 ounces, record revenue of $179.6 million, record total sales, royalties, and income from other interests of $191.4 million, record cash flows from operating activities, excluding changes in non-cash working capital of $151.1 million, net income of $42.7 million, and average cash cost per attributable gold equivalent ounce of $223 resulting in cash operating margins of $1,706 per ounce. Sandstorm is undergoing a process to monetize between $40–$100 million of non-core assets by the end of 2024, and anticipates that consideration from future monetization efforts will consist entirely of cash. The company's financial position continues to strengthen, with current available capital totaling over $200 million. Sandstorm's attributable gold equivalent ounces for 2024 are forecasted to be between 75,000 and 90,000 ounces, and its production forecast is expected to reach approximately 125,000 attributable gold equivalent ounces within the next five years.

Osisko Gold Royalties Ltd

Osisko Gold Royalties Ltd (TSE:OR) is a Canadian-based gold mining company that had a consensus rating of "Moderate Buy" and an average price target of C$25.15. Osisko Gold Royalties Ltd (TSE:OR) - Investment analysts at Cormark issued their Q4 2023 earnings per share (EPS) estimates for Osisko Gold Royalties in a research note issued on Tuesday, February 13th. Cormark analyst N. Dion expects that the company will earn $0.15 per share for the quarter. The consensus estimate for Osisko Gold Royalties' current full-year earnings is $0.62 per share. Get Osisko Gold Royalties alerts:OR has been the topic of a number of other research reports. Scotiabank lowered their price objective on Osisko Gold Royalties from C$23.00 to C$22.00 and set a "sector perform" rating on the stock in a report on Friday, December 15th. CIBC raised their target price on Osisko Gold Royalties from C$27.00 to C$28.50 and gave the stock an "outperform" rating in a research report on Wednesday, February 7th. Canaccord Genuity Group dropped their price target on Osisko Gold Royalties from C$25.00 to C$24.50 and set a "buy" rating for the company in a report on Monday, November 20th. BMO Capital Markets raised their price target on Osisko Gold Royalties from C$23.00 to C$24.00 in a report on Wednesday, December 13th. Finally, National Bankshares lifted their target price on Osisko Gold Royalties from C$24.00 to C$25.00 and gave the company an "outperform" rating in a research note on Monday, January 15th. Two equities research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company's stock. According to MarketBeat, Osisko Gold Royalties presently has a consensus rating of "Moderate Buy" and an average price target of C$25.15.Check Out Our Latest Research Report on OROsisko Gold Royalties Trading Down 1.2 %Shares of TSE OR opened at C$19.05 on Thursday. The business has a fifty day simple moving average of C$19.22 and a 200-day simple moving average of C$18.18. The company has a market cap of C$5.84 billion and a P/E ratio of 21.84.

Conclusion

In conclusion, Royal Gold, Inc. (NASDAQ: RGLD) and Sandstorm Gold Ltd. are two companies that specialize in the acquisition and management of precious metal streams, royalties, and similar production-based interests. Royal Gold is a publicly traded precious metals stream and royalty company that owns interests on 178 properties on five continents, including interests on 37 producing mines and 22 development stage projects. Sandstorm Gold Ltd. is a Canadian-based gold mining company that had record attributable gold equivalent ounces of 97,245 ounces, record revenue of $179.6 million, record total sales, royalties, and income from other interests of $191.4 million, record cash flows from operating activities, excluding changes in non-cash working capital of $151.1 million, net income of $42.7 million, and average cash cost per attributable gold equivalent ounce of $223 resulting in cash operating margins of $1,706 per ounce. Osisko Gold Royalties Ltd (TSE:OR) is a Canadian-based gold mining company that had a consensus rating of "Moderate Buy" and an average price target of C$25.15. Osisko Gold Royalties Ltd (TSE:OR) - Investment analysts at Cormark issued their Q4 2023 earnings per share (EPS) estimates for Osisko Gold Royalties in a research note issued on Tuesday, February 13th. Cormark analyst N. Dion expects that the company will earn $0.15 per share for the quarter. The consensus estimate for Osisko Gold Royalties' current full-year earnings is $0.62 per share. Get Osisko Gold Royalties alerts:OR has been the topic of a number of other research reports. Scotiabank lowered their price objective on Osisko Gold Royalties from C$23.00 to C$22.00 and set a "sector perform" rating on the stock in a report on Friday, December 15th. CIBC raised their target price on Osisko Gold Royalties from C$27.00 to C$28.50 and gave the stock an "outperform" rating in a research report on Wednesday, February 7th. Canaccord Genuity Group dropped their price target on Osisko Gold Royalties from C$25.00 to C$24.50 and set a "buy" rating for the company in a report on Monday, November 20th. BMO Capital Markets raised their price target on Osisko Gold Royalties from C$23.00 to C$24.00 in a report on Wednesday, December 13th. Finally, National Bankshares lifted their target price on Osisko Gold Royalties from C$24.00 to C$25.00 and gave the company an "outperform" rating in a research note on Monday, January 15th. Two equities research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company's stock. According to MarketBeat, Osisko Gold Royalties presently has a consensus rating of "Moderate Buy" and an average price target of C$25.15.Check Out Our Latest Research Report on OROsisko Gold Royalties Trading Down 1.2 %Shares of TSE OR opened at C$19.05 on Thursday. The business has a fifty day simple moving average of C$19.22 and a 200-day simple moving average of C$18.18. The company has a market cap of C$5.84 billion and a P/E ratio of 21.84.

precious metals stream and royalty company precious metal streams production-based interests acquisition and management of precious metal streams acquisition and management of precious metal royalties

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