We use cookies to understand how you use our site and to improve your experience.
This includes personalizing content and advertising.
By pressing "Accept All" or closing out of this banner, you consent to the use of all cookies and similar technologies and the sharing of information they collect with third parties.
You can reject marketing cookies by pressing "Deny Optional," but we still use essential, performance, and functional cookies.
In addition, whether you "Accept All," Deny Optional," click the X or otherwise continue to use the site, you accept our Privacy Policy and Terms of Service, revised from time to time.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
RGLD to Reduce Debt & Optimize Portfolio With Versamet Shares Sale
Read MoreHide Full Article
Key Takeaways
RGLD will sell 23.6M Versamet shares it deems non-core to support debt repayment.
Royal Gold says the sale follows shares gained from the Sandstorm Gold merger in October 2025.
RGLD will hold no Versamet shares after the deal, fully exiting its 25% ownership position.
Royal Gold, Inc. ((RGLD - Free Report) ) announced that its fully-owned subsidiary, International Royalty Corporation (“IRC”), has inked a deal to sell 11,827,273 common shares of Versamet Royalties Corporation to Tether Investments and 11,827,272 shares to Nemesia S.à.r.l. The deal is priced at C$8.75 ($6.23) per share, which will help Royal Gold with debt repayment.
Details of RGLD’s Sale of Versamet Shares
IRC received the Versamet shares after the merger between IRC and a successor company to Sandstorm Gold in October 2025. Royal Gold identified the Versamet shares as non-core and not material assets from the Sandstorm Gold buyout. Selling these shares aligns with the company’s goal to optimize its portfolio.
Royal Gold currently owns 23,654,545 Versamet shares, which is about 25% of all outstanding Versamet common shares without dilution. Post the completion of the deal, Royal Gold will have no control over any Versamet shares or convertible securities.
Royal Gold’s Q3 Performance
RGLD reported adjusted earnings per share (EPS) of $2.06 in the third quarter of 2025. The company had reported an EPS of $1.47 in the year-ago quarter. However, it missed the Zacks Consensus Estimate of $2.30.
RGLD generated record revenues of $252 million, up 30% year over year. The upside was driven by higher average metal prices, gold sales from Andacollo and Rainy River, and higher production from Peñasquito. However, these factors were offset by lower gold sales from Xavantina.
On Oct. 20, 2025, RGLD completed the previously announced acquisition of Sandstorm Gold Ltd. and Horizon Copper Corp. Sandstorm and Horizon’s results were not included in the company’s third-quarter 2025 financials.
Sandstorm reported revenues of $57.5 million in the third quarter, while Horizon’s revenues for the quarter were $6 million.
RGLD Stock’s Price Performance
In the past year, shares of Royal Gold have gained 27.2% compared with the industry’s growth of 109.9%.
Image Source: Zacks Investment Research
Royal Gold’s Zacks Rank & Other Stocks to Consider
The consensus estimate for OR Royalties’ 2025 earnings is pegged at 82 cents per share. The estimate indicates year-over-year growth of 57.7%. OR Royalties’ shares have surged 67.8% in a year.
The consensus estimate for Newmont’s 2025 earnings is pegged at $5.96 per share. The estimate indicates year-over-year growth of 71.3%. It has an average trailing four-quarter earnings surprise of 41.6%. Newmont’ shares have surged 109% in a year.
The Zacks Consensus Estimate for First Majestic Silver’s 2025 earnings is pegged at 25 cents per share, indicating year-over-year growth of 278%. First Majestic Silver’s shares jumped 75.3% last year.
See More Zacks Research for These Tickers
Normally $25 each - click below to receive one report FREE:
Image: Bigstock
RGLD to Reduce Debt & Optimize Portfolio With Versamet Shares Sale
Key Takeaways
Royal Gold, Inc. ((RGLD - Free Report) ) announced that its fully-owned subsidiary, International Royalty Corporation (“IRC”), has inked a deal to sell 11,827,273 common shares of Versamet Royalties Corporation to Tether Investments and 11,827,272 shares to Nemesia S.à.r.l. The deal is priced at C$8.75 ($6.23) per share, which will help Royal Gold with debt repayment.
Details of RGLD’s Sale of Versamet Shares
IRC received the Versamet shares after the merger between IRC and a successor company to Sandstorm Gold in October 2025. Royal Gold identified the Versamet shares as non-core and not material assets from the Sandstorm Gold buyout. Selling these shares aligns with the company’s goal to optimize its portfolio.
Royal Gold currently owns 23,654,545 Versamet shares, which is about 25% of all outstanding Versamet common shares without dilution. Post the completion of the deal, Royal Gold will have no control over any Versamet shares or convertible securities.
Royal Gold’s Q3 Performance
RGLD reported adjusted earnings per share (EPS) of $2.06 in the third quarter of 2025. The company had reported an EPS of $1.47 in the year-ago quarter. However, it missed the Zacks Consensus Estimate of $2.30.
RGLD generated record revenues of $252 million, up 30% year over year. The upside was driven by higher average metal prices, gold sales from Andacollo and Rainy River, and higher production from Peñasquito. However, these factors were offset by lower gold sales from Xavantina.
On Oct. 20, 2025, RGLD completed the previously announced acquisition of Sandstorm Gold Ltd. and Horizon Copper Corp. Sandstorm and Horizon’s results were not included in the company’s third-quarter 2025 financials.
Sandstorm reported revenues of $57.5 million in the third quarter, while Horizon’s revenues for the quarter were $6 million.
RGLD Stock’s Price Performance
In the past year, shares of Royal Gold have gained 27.2% compared with the industry’s growth of 109.9%.
Royal Gold’s Zacks Rank & Other Stocks to Consider
RGLD currently carries a Zacks Rank #2 (Buy).
Some better-ranked stocks from the basic materials space are OR Royalties Inc. ((OR - Free Report) ), Newmont Corporation ((NEM - Free Report) ) and First Majestic Silver Corp. ((AG - Free Report) ). While OR and NEM sport a Zacks Rank #1 (Strong Buy) at present, AG carries a Zacks Rank #2. You can see the complete list of today’s Zacks #1 Rank stocks here.
The consensus estimate for OR Royalties’ 2025 earnings is pegged at 82 cents per share. The estimate indicates year-over-year growth of 57.7%. OR Royalties’ shares have surged 67.8% in a year.
The consensus estimate for Newmont’s 2025 earnings is pegged at $5.96 per share. The estimate indicates year-over-year growth of 71.3%. It has an average trailing four-quarter earnings surprise of 41.6%. Newmont’ shares have surged 109% in a year.
The Zacks Consensus Estimate for First Majestic Silver’s 2025 earnings is pegged at 25 cents per share, indicating year-over-year growth of 278%. First Majestic Silver’s shares jumped 75.3% last year.