Latest news with #RoyalGold
Yahoo
27-05-2025
- Business
- Yahoo
Is Orla Mining (ORLA) Outperforming Other Basic Materials Stocks This Year?
For those looking to find strong Basic Materials stocks, it is prudent to search for companies in the group that are outperforming their peers. Is Orla Mining Ltd. (ORLA) one of those stocks right now? A quick glance at the company's year-to-date performance in comparison to the rest of the Basic Materials sector should help us answer this question. Orla Mining Ltd. is a member of the Basic Materials sector. This group includes 232 individual stocks and currently holds a Zacks Sector Rank of #4. The Zacks Sector Rank includes 16 different groups and is listed in order from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors. The Zacks Rank is a successful stock-picking model that emphasizes earnings estimates and estimate revisions. The system highlights a number of different stocks that could be poised to outperform the broader market over the next one to three months. Orla Mining Ltd. is currently sporting a Zacks Rank of #2 (Buy). Over the past 90 days, the Zacks Consensus Estimate for ORLA's full-year earnings has moved 56.3% higher. This means that analyst sentiment is stronger and the stock's earnings outlook is improving. Our latest available data shows that ORLA has returned about 88.5% since the start of the calendar year. At the same time, Basic Materials stocks have gained an average of 6.5%. As we can see, Orla Mining Ltd. is performing better than its sector in the calendar year. Another stock in the Basic Materials sector, Royal Gold (RGLD), has outperformed the sector so far this year. The stock's year-to-date return is 37%. For Royal Gold, the consensus EPS estimate for the current year has increased 14.8% over the past three months. The stock currently has a Zacks Rank #1 (Strong Buy). Breaking things down more, Orla Mining Ltd. is a member of the Mining - Gold industry, which includes 39 individual companies and currently sits at #13 in the Zacks Industry Rank. On average, this group has gained an average of 47.5% so far this year, meaning that ORLA is performing better in terms of year-to-date returns. Royal Gold is also part of the same industry. Orla Mining Ltd. and Royal Gold could continue their solid performance, so investors interested in Basic Materials stocks should continue to pay close attention to these stocks. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Orla Mining Ltd. (ORLA) : Free Stock Analysis Report Royal Gold, Inc. (RGLD) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Sign in to access your portfolio
Yahoo
23-05-2025
- Business
- Yahoo
Solaris secures $200m financing deal for Warintza project development in Ecuador
Canadian miner Solaris Resources has entered a $200m financing arrangement with RGLD Gold, a subsidiary of Royal Gold, to advance its large-scale Warintza copper-gold-molybdenum project in south-eastern Ecuador. This agreement comprises a gold stream and a net smelter return (NSR) royalty, designed to provide long-term liquidity for the project. The funding will cover all necessary activities up to a final investment decision and repay existing senior secured debt with Orion Mine Finance Management. Royal Gold will pay the upfront cash consideration of $200m in three tranches, with the first tranche of $100m paid upon closing. The second tranche of $50m will be paid after publication of the pre-feasibility study (PFS) and the environmental impact assessment technical approval. The last tranche of $50m will be made available on the first anniversary of the closing date. Solaris president and CEO Matthew Rowlinson said: 'This transaction is a clear endorsement of the potential scale, geological qualities and its near surface nature, economics and stage of development of Warintza, one of the few remaining near-term, globally significant copper development opportunities not controlled by a major. 'Further, it is a reflection of the strong investor confidence in Ecuador as a mining jurisdiction, supported by the government's commitment to the sector as a pillar of long-term economic development. The stream is expected to represent a small percentage of the gold over the life of mine and together with the royalty, enables the company to maintain the project's strategic flexibility.' Under the gold stream component, Royal Gold will receive deliveries equivalent to 20oz of gold per one million pounds of copper produced within a specific area of interest. The purchase price for the gold will be 20% of the spot price until the delivery of the first 90,000oz, and then 60% of the spot price. Additionally, Royal Gold will secure a 0.3% NSR royalty on all metal production within an expanded area of interest, with provisions for annual increases. The agreement's structure allows Solaris to maintain significant exploration upside and commercial flexibility. In the event of a change of control, provisions are in place for potential termination of the stream and adjustments to the royalty. Royal Gold has also committed to supporting Solaris' environmental and social programmes, highlighting a shared commitment to sustainable and responsible mining practices. Discovered in 2000, the Warintza project is estimated to contain measured and indicated resources of 1,082 million tonnes (mt) at 0.48% copper equivalent (CuEq), while inferred resources are estimated at 3,135mt at 0.27% CuEq. Solaris anticipates publishing a PFS for the project in the third quarter of 2025, with environmental impact assessment approval expected by mid-2025. The company is also progressing with more than 82,000m of infill drilling to update its mineral resource estimate in the same time frame. Royal Gold president and CEO Bill Heissenbuttel said: 'Warintza is at an early stage in its development and is one of the only large-scale copper-gold-molybdenum projects that is not controlled by a major mining company, and the creative transaction structure offers Solaris flexibility as they consider strategic alternatives to advance the project while protecting Royal Gold should development not proceed according to current plans.' In May 2024, Solaris voluntarily terminated its plan to divest a minority stake to Zijin Mining Group, intended to support the expansion of the Warintza project. "Solaris secures $200m financing deal for Warintza project development in Ecuador" was originally created and published by Mining Technology, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
National Post
22-05-2025
- Business
- National Post
Royal Gold to Participate in the Renmark Financial Communications Virtual Non-Deal Roadshow Series on Wednesday, June 4, 2025
Article content DENVER — Royal Gold, Inc. (NASDAQ: RGLD) (together with its subsidiaries, 'Royal Gold' or the 'Company') announced today that management will present in the live Virtual Non-Deal Roadshow Series hosted by Renmark Financial Communications Inc. Alistair Baker, Senior Vice President, Investor Relations and Business Development, will present on Wednesday, June 4, at 11:00 a.m. PDT (12:00 p.m. MDT / 2:00 p.m. EDT), and access to a replay of the event will be available on our website beginning the week of June 9 or may be accessed on the Renmark Financial Communications Inc. website at Article content Article content REGISTER HERE: Article content Royal Gold is a high margin, mid-capitalization company that generates strong cash flows from a large and well-diversified portfolio of precious metal streams, royalties and similar production-based interests located in mining-friendly jurisdictions. Royal Gold shares trade under the symbol 'RGLD' and provide growth, value and income investors with exposure to the metals and mining industry. The Company's website is located at Article content Article content Article content Article content Article content Article content
Yahoo
22-05-2025
- Business
- Yahoo
Royal Gold to Participate in the Renmark Financial Communications Virtual Non-Deal Roadshow Series on Wednesday, June 4, 2025
DENVER, May 22, 2025--(BUSINESS WIRE)--Royal Gold, Inc. (NASDAQ: RGLD) (together with its subsidiaries, "Royal Gold" or the "Company") announced today that management will present in the live Virtual Non-Deal Roadshow Series hosted by Renmark Financial Communications Inc. Alistair Baker, Senior Vice President, Investor Relations and Business Development, will present on Wednesday, June 4, at 11:00 a.m. PDT (12:00 p.m. MDT / 2:00 p.m. EDT), and access to a replay of the event will be available on our website beginning the week of June 9 or may be accessed on the Renmark Financial Communications Inc. website at REGISTER HERE: To ensure smooth connectivity, please access the link above using the latest version of Google Chrome. Corporate Profile Royal Gold is a high margin, mid-capitalization company that generates strong cash flows from a large and well-diversified portfolio of precious metal streams, royalties and similar production-based interests located in mining-friendly jurisdictions. Royal Gold shares trade under the symbol "RGLD" and provide growth, value and income investors with exposure to the metals and mining industry. The Company's website is located at View source version on Contacts For further information, please contact: Alistair BakerSenior Vice President, Investor Relations and Business Development(303) 573-1660 Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Business Wire
22-05-2025
- Business
- Business Wire
Royal Gold to Participate in the Renmark Financial Communications Virtual Non-Deal Roadshow Series on Wednesday, June 4, 2025
DENVER--(BUSINESS WIRE)-- Royal Gold, Inc. (NASDAQ: RGLD) (together with its subsidiaries, 'Royal Gold' or the 'Company') announced today that management will present in the live Virtual Non-Deal Roadshow Series hosted by Renmark Financial Communications Inc. Alistair Baker, Senior Vice President, Investor Relations and Business Development, will present on Wednesday, June 4, at 11:00 a.m. PDT (12:00 p.m. MDT / 2:00 p.m. EDT), and access to a replay of the event will be available on our website beginning the week of June 9 or may be accessed on the Renmark Financial Communications Inc. website at To ensure smooth connectivity, please access the link above using the latest version of Google Chrome. Corporate Profile Royal Gold is a high margin, mid-capitalization company that generates strong cash flows from a large and well-diversified portfolio of precious metal streams, royalties and similar production-based interests located in mining-friendly jurisdictions. Royal Gold shares trade under the symbol 'RGLD' and provide growth, value and income investors with exposure to the metals and mining industry. The Company's website is located at
