Royal Gold reports Q2 2025 stream sales of 40,600 GEOs; full results due Aug. 6
Royal Gold said its subsidiary sold about 40,600 gold equivalent ounces under its streaming agreements in the quarter ended June 30, 2025, and held about 12,700 ounces of gold and 341,000 ounces of silver in inventory at quarter-end. The filing gives sales volumes and realized prices but no revenue, profit or guidance figures, which will come with the full second-quarter results.
Key points
- Q2 2025 sales: about 32,200 ounces of gold, 578,700 ounces of silver and 1,100 tonnes of copper, or about 40,600 GEOs
- Average realized prices for Q2: $3,248 per ounce gold, $32.91 per ounce silver, $9,210 per tonne copper
- Cost of sales was about $596 per GEO for the second quarter
- Full Q2 2025 results will be released after market close on August 6, 2025, with a conference call on August 7, 2025 at 12:00 p.m. Eastern Time
The filing
Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 12:42 AM ET, from the text of the filing and its press-release exhibits only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on July 08, 2025.
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.