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Royal Gold shared its earnings for the third quarter, showing $465 million in sales, up 84% from last year.

ResultsRead the original at Benzinga
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Royal Gold posted record revenue and cash flow, repaid its debt, and expects some metal sales to meet or exceed forecast ranges. Gold sales remain near the original forecast midpoint, but the strong results and debt-free balance sheet carry more weight.

RGLD · Royal Gold, Inc.

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The AI's read

That cash generation gives Royal Gold more room to fund projects and pursue deals. It also kept paying dividends and buying back shares. Gold sales are expected around the original forecast midpoint, but silver and copper sales are expected at or above their forecast ranges’ upper ends.

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