Royal Gold, Inc. Files Amendment to Annual Report

TL;DR

<b>Royal Gold, Inc. has submitted an amendment to its 2023 annual report, confirming compliance with SEC filing requirements.</b>

AI Summary

ROYAL GOLD INC (RGLD) filed a Amended Annual Report (10-K/A) with the SEC on February 16, 2024. Royal Gold, Inc. filed an amendment (10-K/A) to its annual report for the fiscal year ended December 31, 2023. The company is incorporated in Delaware and its principal executive offices are located in Denver, Colorado. Royal Gold, Inc. is registered under the ticker symbol RGLD on the Nasdaq Global Select Market. The filing indicates the company has met its reporting requirements for the past 12 months and 90 days. The company has submitted all Interactive Data Files required by Rule 405 of Regulation S-T for the preceding 12 months.

Why It Matters

For investors and stakeholders tracking ROYAL GOLD INC, this filing contains several important signals. This amendment ensures that Royal Gold's financial reporting is up-to-date and compliant with SEC regulations, which is crucial for investor confidence and market transparency. The confirmation of electronic filing of Interactive Data Files is important for regulatory compliance and facilitates easier analysis by investors and the SEC.

Risk Assessment

Risk Level: low — ROYAL GOLD INC shows low risk based on this filing. The filing is an amendment to a standard annual report, indicating routine updates rather than significant new risks or issues.

Analyst Insight

Review the specific changes made in the amendment to understand any updated disclosures or financial information provided by Royal Gold.

Key Numbers

• 2023-12-31 — Fiscal Year End (Fiscal Year Ended)
• 2024-02-16 — Filing Date (Filed as of date)
• 001-13357 — Commission File Number (SEC File Number)
• 84-0835164 — IRS Number (IRS Employer Identification No.)

Key Players & Entities

• ROYAL GOLD INC (company) — Filer name
• RGLD (company) — Trading Symbol
• Nasdaq Global Select Market (company) — Name of the Exchange
• Delaware (company) — State of Incorporation
• Denver, Colorado (company) — Address of Principal Executive Offices
• SEC (regulator) — Securities and Exchange Commission

FAQ

Industry Context

Royal Gold, Inc. operates as a precious metals streaming company, acquiring royalties and metal streams from mining operations.

Regulatory Implications

The company is subject to SEC regulations for public reporting, including the timely filing of annual reports (10-K) and amendments (10-K/A).

What Investors Should Do

1. Review the specific amendments made to the 10-K filing for any material changes.
2. Verify the company's compliance status with all SEC reporting requirements.
3. Analyze the impact of any updated financial or operational disclosures on the company's valuation.

Year-Over-Year Comparison

This is an amendment (10-K/A) to the previously filed 10-K for the fiscal year ended December 31, 2023, indicating updates or corrections to the original filing.

Key Financial Figures

• $0.01 — nge on which Registered Common Stock, $0.01 par value RGLD Nasdaq Global Select

Filing Documents

• rgld-20231231x10ka.htm (10-K/A) — 1028KB
• rgld-20231231xex31d1.htm (EX-31.1) — 5KB
• rgld-20231231xex32d2.htm (EX-32.2) — 5KB
• rgld-20231231x10ka002.jpg (GRAPHIC) — 106KB
• rgld-20231231x10ka003.gif (GRAPHIC) — 197KB
• rgld-20231231x10ka004.gif (GRAPHIC) — 90KB
• rgld-20231231x10ka005.gif (GRAPHIC) — 166KB
• rgld-20231231x10ka006.gif (GRAPHIC) — 188KB
• rgld-20231231x10ka007.gif (GRAPHIC) — 121KB
• rgld-20231231x10ka008.jpg (GRAPHIC) — 94KB
• rgld-20231231x10ka009.jpg (GRAPHIC) — 69KB
• rgld-20231231x10ka010.gif (GRAPHIC) — 152KB
• 0001558370-24-001301.txt (&nbsp;) — 4596KB
• rgld-20231231.xsd (EX-101.SCH) — 4KB
• rgld-20231231_def.xml (EX-101.DEF) — 39KB
• rgld-20231231_lab.xml (EX-101.LAB) — 26KB
• rgld-20231231_pre.xml (EX-101.PRE) — 15KB
• rgld-20231231x10ka_htm.xml (XML) — 8KB

PROPERTIES

ITEM 2. PROPERTIES Introduction In 2018, the SEC adopted amendments to the disclosure requirements for mining properties. Effective for fiscal years beginning on or after January 1, 2021, the disclosure requirements under the SEC's Industry Guide 7 ("IG7") have been replaced with new disclosure requirements under SK1300. The property disclosures in this Item 2 are presented in accordance with SK1300 subject to certain exemptions contained in the rule. This Item 2 provides summary information about our overall portfolio of stream and royalty interests, as well as more detailed information about our material properties. Royal Gold management periodically reviews the materiality of individual royalty and stream interests within our portfolio. As of December 31, 2023, we determined that six of our stream and royalty interests are material to our business under SK1300: Andacollo, Cortez, Khoemac a u, Mount Milligan, Peasquito and Pueblo Viejo. We sometimes refer to these properties as our material, or principal, properties. In making this determination, management considers primarily estimated future revenue and, to a lesser extent, historical revenue. Estimated future revenue is based on several factors, including mineral reserves and resources subject to our stream and royalty interests, production estimates, feasibility studies, technical reports, metal price and mine life assumptions. Under SK1300, disclosures of material mineral reserves and resources must be based on a technical report summary prepared by a qualified person, absent an exemption. With respect to our material properties, our disclosures in this Item 2 are based on information provided to us by the operators of the properties or the operators' public filings with the SEC or Canadian securities regulators including technical reports filed with Canadian securities administrators pursuant to National Instrument 43-101 ("NI 43-101"), 2014 Canadian Institute of Mining, Metallurgy and Petroleum Defini

View Full Filing

View this 10-K/A filing on SEC EDGAR