Royal Gold Inc. / RGLD (NAS)

    Royal Gold Inc. (RGLD) and Battle Mountain Gold Exploration Corp. (BMGX) have amended their definitive merger agreement, under which Royal Gold agreed to acquire all the shares of Battle Mountain.
    Royal Gold said the amended merger agreement provides that Battle Mountain's shareholders will be offered an election to receive either cash consideration of 55 cents a share or 0.0172-0.0179 shares of Royal Gold common stock a share.
    Royal Gold said the addition of the cash election reflects the desire to provide Battle Mountain shareholders a choice to receive either cash or shares of Royal Gold. The share consideration remained unchanged and is based on the average closing price per share of Royal Gold's common stock for the five trading day period up to and including the second business day preceding (but not including) the closing date of the merger transaction.
    Battle Mountain has postponed the previously announced record date of June 28 for the Battle Mountain shareholders meeting to vote on the merger transaction. A new record date will be announced by Battle Mountain in the near future.
    The amended merger agreement has been approved by both companies' boards.
    Denver's Royal Gold is a precious metals royalty company.

    DENVER, July 31, 2007 /PRNewswire-FirstCall via COMTEX/ -- ROYAL GOLD, INC. (RGLD: Royal Gold Inc) ; (CA:RGL) , the leading publicly-traded precious metals royalty company, today announced the election of M. Craig Haase to Royal Gold's Board of Directors. Haase will replace Edwin W. Peiker, Jr. who announced his plans to retire effective July 25, 2007. Peiker will retain the title of Director Emeritus.
    For more than 15 years, Haase served as Director, Executive Vice President and Chief Legal Officer of Franco-Nevada Mining Corporation, a publicly-traded precious metals royalty company that merged with Newmont Mining Corporation in 2002. He served in a similar capacity at Euro-Nevada Mining from 1987 to 1999 when Euro-Nevada merged with Franco-Nevada. Haase was also Chairman and CEO for Gold Marketing Corporation of America, Inc., a physical gold export company, from 1994 to 2002. He received his J.D. degree from the University of Illinois and was engaged in private practice from mid 1971 to 1990.
    Stanley Dempsey, Executive Chairman of the Board, commented, "We are pleased to welcome Craig to our board. His background in mining and mining law, as well as expertise in the precious metals royalty business, will further strengthen the Company as we continue to execute our strategic growth plan."
    The Company also announced the recent retirement of Edwin W. Peiker, Jr., who served as a director on Royal Gold's board for 20 years. Peiker, a co-founder of the Company, served as President and Chief Operating Officer from 1988 to 1992 and Vice President of Engineering from 1987 to 1988.
    "We want to thank Ed for his long and dedicated service to Royal Gold. His knowledge, support and counsel were invaluable in making the Company successful," said Dempsey.
    Royal Gold is a precious metals royalty company engaging in the acquisition and management of precious metal royalty interests. Royal Gold is publicly traded on the NASDAQ Global Select Market under the symbol "RGLD," and on the Toronto Stock Exchange under the symbol "RGL." The Company's web page is located at http://www.royalgold.com.
    SOURCE Royal Gold, Inc.

    DENVER, July 31, 2007 /PRNewswire-FirstCall via COMTEX/ -- ROYAL GOLD, INC. (RGLD: Royal Gold Inc) (CA:RGL) ("Royal Gold") and BATTLE MOUNTAIN GOLD EXPLORATION CORP. (BMGX: battle mtn gold expl corp com) ("Battle Mountain") today announced that they have amended their definitive merger agreement signed on April 17, 2007, under which Royal Gold agreed to acquire 100% of the fully diluted shares of Battle Mountain. The amended merger agreement provides that Battle Mountain's shareholders will be offered an election to receive either cash consideration of $0.55 per Battle Mountain share or from 0.0172 to 0.0179 shares of Royal Gold common stock per Battle Mountain share, in each case assuming 91,563,506 Battle Mountain shares outstanding at closing.
    The addition of the cash election reflects the desire to provide Battle Mountain shareholders a choice to receive either cash or shares of Royal Gold. The share option will allow Battle Mountain's shareholders to participate in any future growth of the combined company following the closing of the merger.
    The share consideration remained unchanged and is based on the average closing price per share of Royal Gold's common stock for the five trading day period up to and including the second business day preceding (but not including) the closing date of the merger transaction. The share consideration ranges from 0.0172 Royal Gold shares per Battle Mountain shares held, if Royal Gold's stock price is at or above $30.18, to 0.0179 Royal Gold shares per Battle Mountain shares held, if Royal Gold's stock price is at or below $29.00. A proportional adjustment will be made between these two trading prices.
    The consideration payable to Battle Mountain's shareholders is subject to a potential reduction or holdback for certain contingent liabilities.
    Battle Mountain has postponed the previously announced record date of June 28, 2007, for the Battle Mountain shareholders meeting to vote on the merger transaction. A new record date will be announced by Battle Mountain in the near future.
    Royal Gold has obtained option and support agreements from Mark Kucher, Chairman of Battle Mountain, and from IAMGOLD Corporation providing that each will vote its respective beneficially-owned shares in favor of the merger transaction. The directors and other officers of Battle Mountain have granted Royal Gold irrevocable proxies to vote their beneficially-owned shares in favor of the merger transaction. As a result of these agreements and irrevocable proxies, together with the convertible Bridge Loan, Royal Gold beneficially owns approximately 57% of the outstanding shares of Battle Mountain.
    The amended merger agreement has been approved by both companies' boards of directors. The closing of this transaction is subject to Battle Mountain shareholder approval, receipt of regulatory approvals and satisfaction of customary conditions.
    Battle Mountain is a precious metals royalty company with a portfolio consisting of royalties on 13 properties located mainly in the Americas. Its principal assets include a 1.25% and a 2.0% net smelter return ("NSR") royalty on gold production and a 2.0% NSR royalty on silver production from the Dolores project in Mexico, which is under development by Minefinders Corporation Ltd. Battle Mountain has disclosed that their royalty properties contain approximately 4.8 million ounces of gold reserves and 136 million ounces of silver reserves.
    Royal Gold is the leading precious metals royalty company engaged in the acquisition and management of precious metals royalty interests. Royal Gold is publicly-traded on the NASDAQ Global Select Market under the symbol "RGLD," and on the Toronto Stock Exchange under the symbol "RGL." The company's web page is located at http://www.royalgold.com.

    DENVER, Aug 30, 2007 /PRNewswire-FirstCall via COMTEX/ -- Royal Gold, Inc. (RGLD: Royal Gold Inc) (CA:RGL) , the leading publicly-traded precious metals royalty company, today announced that its Board of Directors has declared its third quarter dividend of $0.065 per share of common stock. The dividend is payable on October 19, 2007 to shareholders of record at the close of business on October 5, 2007. The Company has paid dividends since 2000.
    Royal Gold is a precious metals royalty company engaging in the acquisition and management of precious metal royalty interests. Royal Gold is publicly traded on the NASDAQ Global Select Market under the symbol "RGLD," and on the Toronto Stock Exchange under the symbol "RGL." The Company's web page is located at http://www.royalgold.com.
    SOURCE Royal Gold, Inc.

    DENVER, Nov 14, 2007 /PRNewswire-FirstCall via COMTEX/ -- ROYAL GOLD, INC. (RGLD: Royal Gold Inc) (CA:RGL) , the leading publicly-traded precious metals royalty company, today announced that its Board of Directors increased the Company's annual dividend for its shares of common stock from $0.26 to $0.28, payable on a quarterly basis of $0.07 per share. Royal Gold has steadily increased its annual dividend since it first issued a $0.05 annual payment for calendar year 2000.
    The Board also declared the dividend of $0.07 per share will be payable on January 18, 2008, to shareholders of record at the close of business on January 4, 2008.
    Royal Gold is a precious metals royalty company engaging in the acquisition and management of precious metal royalty interests. Royal Gold is publicly traded on the NASDAQ Global Select Market under the symbol "RGLD," and on the Toronto Stock Exchange under the symbol "RGL." The Company's web page is located at http://www.royalgold.com.
    SOURCE Royal Gold, Inc.


    http://www.royalgold.com/

    Zacks #1 Rank Top Performers: Oriental Financial Group, Royal Gold, CNOOC, Astronics Corp. and PharmaNet Development Group


    CHICAGO, Nov 27, 2007 (BUSINESS WIRE) -- Zacks.com announces the latest list of top performing Zacks #1 Rank ("strong buy") stocks. The stocks on the prestigious list with the highest returns last week were Oriental Financial Group Inc. (OFG: oriental finl group inc com) , Royal Gold, Inc. (RGLD: Royal Gold Inc) , CNOOC Ltd. (CEO: CNOOC, Ltd.) , Astronics Corporation (ATRO:
    Astronics Corporation) and PharmaNet Development Group, Inc. (PDGI:
    pharmanet dev group inc com) . Each of these stocks easily outperformed the S&P 500.
    Stocks ranked #1 (Strong Buy) by Zacks have produced an average annual return of +32% since inception in 1988. During the 2000-2002 bear market, Zacks #1 Rank stocks gained 43.8% while the S&P 500 tumbled 37.6%. To learn more about the Zacks Rank, go to http://at.zacks.com/?id=3172.
    Here is a synopsis of the last week's best performing Zacks #1 Rank stocks.


    ...


    Royal Gold, Inc. (RGLD: Royal Gold Inc) is a precious metals royalty company with shares that rose a little more than 7% last week as gold prices moved higher. That was enough to put the company on the top-performing Zacks #1 Rank list. Earnings estimates for the year ending June 2008, advanced 8.5% over the past two months and 4% over the past 30 days.
    Earlier this month, Royal Gold's Board increased its annual dividend for its shares of common stock to 28 cents from 26 cents. The company has steadily increased its annual dividend since it first issued a five-cent annual payment for calendar year 2000.


    ...

    DENVER, Dec 05, 2007 /PRNewswire-FirstCall via COMTEX/ -- ROYAL GOLD, INC. (RGLD: RGLD) , the leading precious metals royalty company, today announced that Goldcorp Inc. ("Goldcorp"), the operator of the Penasquito project located in Zacatecas, Mexico, has approved plans to expand mill throughput by 30% to 143,000 tons (130,000 tonnes) of ore and to accelerate the construction schedule at the project. According to Goldcorp, the expanded operation is now expected to produce an average of 1.7 million gold equivalent ounces per year, compared to a previous estimate of 1.3 million gold equivalent ounces per year.(1) Royal Gold holds a 2.0% net smelter return royalty on all metals at the Penasquito project.
    Goldcorp estimates the average annual life-of-mine production to be 400,000 ounces of gold, 31 million ounces of silver, 417 million pounds of zinc and 214 million pounds of lead. Goldcorp's June 2006 feasibility study had previously estimated annual production levels of 388,000 ounces of gold, 23 million ounces of silver, 302 million pounds of zinc, and 157 million pounds of lead.
    "Since the acquisition of our royalty interest at the Penasquito project one year ago, reserves have increased 48%(2), the planned annual production has increased 30%, and the mine life has been extended to 19 years," commented Tony Jensen, President and Chief Executive Officer. "This is exactly the type of project upside we target for acquisitions. These operational improvements will increase and accelerate our royalty revenues and significantly enhance our return on this investment."
    Goldcorp also reported that the project remains on schedule and is expected to produce gold from heap leaching of oxides in 2008 with mill start-up in 2009. In addition, Goldcorp reports exploration drilling, metallurgical evaluations and optimization efforts are continuing to provide further project enhancements. As a royalty owner, Royal Gold is not required to contribute to any capital, development, exploration or mine operation costs for the project.
    Royal Gold is a precious metals royalty company engaging in the acquisition and management of precious metal royalty interests. Royal Gold is publicly traded on the NASDAQ Global Select Market under the symbol "RGLD," and on the Toronto Stock Exchange under the symbol "RGL." The Company's web page is located at http://www.royalgold.com.


    (1) Current gold equivalent ounces calculated using metal values of
    $650/oz gold, $12/oz silver, $0.50/lb lead, and $0.90/lb zinc.


    (2) Based on gross metal value using $650/oz gold, $12/oz silver, $0.50/lb
    lead, and $0.90/lb zinc versus $450/oz gold, $7/oz silver, $0.30/lb
    lead, and $0.60/lb zinc used in the June 2006 feasibility study.

    Royal Gold Inc. 2Q Rev $15.4M Vs $12.9M, +20% >RGLD


    Royal Gold Inc. 2Q Net $5.07M Vs Net $5.64M, -10% >RGLD


    Royal Gold Inc. 2Q EPS 13c Vs EPS 24c >RGLD


    Royal Gold Inc. 2Q Rev $15.4M Vs $12.9M, +20% >RGLD


    Jan 31, 2008 (Dow Jones Commodities News via Comtex) -- DOW JONES NEWSWIRES
    Royal Gold Inc.'s (RGLD) second-quarter net income dipped despite higher royalty revenue due to the inclusion of charges in the latest quarter.
    The Denver precious metals royalty company said net income in the latest period was $5.1 million or 13 cents a share, down from $5.6 million or 24 cents a year earlier.
    In the latest period, non-recurring expenses related to its evaluation of a business-development opportunity and Battle Mountain-related charges totaled $2.2 million or 5 cents a share.
    Also, preferred-share dividends were about $1.2 million in the latest period versus nil a year earlier. Average shares were higher in the latest quarter.
    Royal Gold said its second-quarter royalty revenue rose to $15.4 million from $12.9 million.

    DENVER, Jan 31, 2008 /PRNewswire-FirstCall via COMTEX/ -- ROYAL GOLD, INC. (RGLD: Royal Gold Inc) (CA:RGL) , the leading precious metals royalty company, today announced second quarter fiscal 2008 net income of $5.1 million, or $0.13 per basic share, on record royalty revenue of $15.4 million. This compares to net income for the second quarter of fiscal 2007 of $5.6 million, or $0.24 per basic share, on royalty revenue of approximately $12.9 million.
    Extraordinary, non-recurring expenses related to the Company's evaluation of a business development opportunity and non-recurring Battle Mountain-related charges totaled $2.2 million, or $0.05 per share on an after tax basis. In addition, accounting for accumulated dividends on the 7.25% mandatory convertible preferred shares resulted in an adjustment to earnings available to common stockholders of $1.2 million, or $0.04 per share. This preferred dividend payment will terminate on March 10, 2008, when all preferred shares are converted into shares of common stock. Per share results were also lower than the prior period due to additional shares outstanding relating to the acquisitions of Penasquito, Pasqua-Lama, and Battle Mountain assets, which are expected to be major contributors to the Company's future growth.
    Net income for the six-month period ended December 31, 2007, was $10.8 million, or $0.33 per basic share, on royalty revenue of $28.2 million. This compares to net income of $10.6 million, or $0.45 per basic share, for the six-month period ended December 31, 2006, on royalty revenue of $22.8 million. For the six-month period, non-recurring Battle Mountain and extraordinary business development charges totaled $2.2 million, or $0.05 per share on an after tax basis. The Company also recorded an adjustment to earnings per share of $0.04 for the six-month period associated with accumulated dividends on the 7.25% mandatory convertible preferred shares.
    Free cash flow for the quarter was approximately $11.2 million, totaling 73% of revenue. This compares to free cash flow for the second quarter of fiscal 2007 of approximately $10.0 million or 78% of revenues.
    As of December 31, 2007, the Company had a working capital surplus of approximately $201.0 million. Current assets were $ 209.4 million (including $195.7 million in cash), compared to current liabilities of $8.4 million resulting in a current ratio of 25 to 1.
    "Solid revenues from our core producing royalty properties, new contributions from the Taparko mine and continued strength in the price of gold resulted in near-record cash flow, even after several non-recurring expenses," said Tony Jensen, President and CEO. "During the quarter, we received our first revenue from royalties acquired in the Battle Mountain transaction. The closing of the AngloGold acquisition later this quarter will further enhance our pipeline of new revenue for the second half of fiscal 2008."

    (EDGAR Online via COMTEX) -- ITEM 2. MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS General Management's Discussion and Analysis of Financial Condition and Results of Operations ("MD&A") is intended to provide information to assist you in better understanding and evaluating our financial condition and results of operations. We recommend that you read this MD&A in conjunction with our consolidated financial statements included in Item 1 of this Quarterly Report on Form 10-Q, as well as our 2007 Annual Report on Form 10-K. This MD&A contains forward-looking information. You should review our important note about forward-looking statements following this MD&A. We refer to "GSR," "NSR", and other types of royalty interests throughout this MD&A. These terms are defined in our 2007 Annual Report on Form 10-K. Overview Royal Gold, together with its subsidiaries, is engaged in the business of acquiring and managing precious metals royalties. Royalties are passive (non-operating) interests in mining projects that provide the right to revenue or production from the project after deducting specified costs, if any. We seek to acquire existing royalties or to finance projects that are in production or near production in exchange for royalty interests. We are engaged in a continual review of opportunities to acquire existing royalties, to create new royalties through the financing of mine development or exploration, or to acquire companies that hold royalties. We currently, and generally at any time, have acquisition opportunities in various stages of active review, including, for example, our engagement of consultants and advisors to analyze particular opportunities, analysis of technical, financial and other confidential information, submission of indications of interest, participation in preliminary discussions and involvement as a bidder in competitive auctions. We also fund exploration on properties thought to contain precious metals and seek to obtain royalties and other carried ownership interests in such properties through the subsequent transfer of operating interests to other mining companies. Substantially all of our revenues are and will be expected to be derived from royalty interests. We do not conduct mining operations at this time. During the quarter ended December 31, 2007, we focused on the management of our existing royalty interests, the acquisition of royalty interests, and the creation of royalty interests through financing and strategic exploration alliances. Our financial results are primarily tied to the price of gold and other metals, as well as production from our royalty properties. For the quarter ended December 31, 2007, the price of gold averaged $786 per ounce compared with an average price of $614 per ounce for the quarter ended December 31, 2006. The increase in the average gold price, the continued ramp-up of gold production at the Taparko mine and production from the recently acquired Battle Mountain Gold Exploration Corp. ("Battle Mountain") royalties, contributed to royalty revenue of $15.4 million during the quarter ended December 31, 2007, compared to royalty revenue of $12.9 million during the quarter ended December 31, 2006.

    DENVER, Feb 22, 2008 /PRNewswire-FirstCall via COMTEX/ -- ROYAL GOLD, INC. (RGLD: Royal Gold Inc) (CA:RGL) , the leading precious metals royalty company, today announced that it has completed the acquisition of three royalties from AngloGold Ashanti (USA) Exploration Inc., a wholly-owned subsidiary of AngloGold Ashanti North America, for $13.75 million, previously disclosed in January 2008. The acquisition includes three royalties: 1) a 2.0% net smelter return ("NSR") royalty on the Marigold mine, located on the Battle Mountain- Eureka trend in Nevada, and operated by Goldcorp, Inc., 2) a 2.0-4.0% sliding- scale NSR royalty on the El Chanate mine, located in Sonora, Mexico and operated by Capital Gold, Inc., and 3) a 10.0% net profits interest ("NPI") royalty, also on the El Chanate mine.
    "This acquisition continues to build our gold royalty portfolio, which at the end of our second fiscal quarter comprised 82% of our royalty revenues, and further diversifies our asset base," said Tony Jensen, President and Chief Executive Officer. "We now own 19 active royalties of which 13 are currently in production, and six are in development."
    The sliding-scale royalty at El Chanate pays at a rate of 2.0% when the average gold price is below $300 per ounce, 3.0% when the gold price is between $300 and $350, and 4.0% when the gold price is above $350 per ounce. The sliding-scale royalty is capped once payments of approximately $17 million have been received and the 10.0% NPI royalty is capped at $1.0 million. The El Chanate mine commenced production in mid-2007, and Royal Gold expects to begin receiving royalty revenue immediately.
    The 2.0% NSR royalty interest on Marigold burdens the majority of five sections of the mine, containing a number of open pits, but does not cover the current mining in the Basalt/Antler area. Approximately 38% of the current Marigold mine reserves are covered by this royalty. Based upon its own internal estimates, Royal Gold expects to begin receiving royalty revenue in calendar 2010, when mine operations are expected to move into areas covered by the 2.0% NSR royalty.
    Royal Gold is a precious metals royalty company engaged in the acquisition and management of precious metal royalty interests. Royal Gold is publicly traded on the NASDAQ Global Select Market under the symbol "RGLD," and on the Toronto Stock Exchange under the symbol "RGL." The Company's web page is located at http://www.royalgold.com.

    DENVER, March 6, 2008 /PRNewswire-FirstCall via COMTEX/ -- ROYAL GOLD, INC. (RGLD: Royal Gold Inc) (CA:RGL) , the leading precious metals royalty company, announced that the conversion of all of its 7.25% mandatory convertible preferred stock ("Preferred Stock") into shares of Royal Gold common stock will occur on March 10, 2008. A Notice of Conversion was previously mailed to registered holders of the Preferred Stock on January 25, 2008.
    Based on the average closing price of $29.78 per common share on the Nasdaq Global Select Market, over the 20-consecutive trading day period ending on March 5, 2008, each outstanding share of Preferred Stock will automatically convert into 3.4589 shares of common stock. No fractional shares of Royal Gold's common stock will be issued as a result of the conversion. Holders of fractional shares will receive cash. The Company will issue approximately 3,978,000 shares of its common stock upon the conversion. In addition, Royal Gold will pay the final cash dividend of $0.5035 per share to all holders of the Preferred Stock on March 10, 2008. The Preferred Stock ceased trading on the Nasdaq Global Select Market at the close of business on March 5, 2008, in order to facilitate the conversion.
    For the third quarter of fiscal 2008, the Company expects to record an adjustment to earnings available to common stockholders for dividends related to the Preferred Stock of $1.6 million, or $0.05 per common share, in addition to a non-cash "deemed dividend" charge of approximately $2.0 million, or $0.06 per common share. Other than the additional common stock that will be issued and outstanding, there will be no further impact on the Company's financial results associated with the Preferred Stock for any period following the Company's third fiscal quarter. After the conversion, Royal Gold will have approximately 33.9 million shares of common stock outstanding.
    Tony Jensen, President and CEO, commented, "Converting the preferred shares to common stock streamlines our capital structure and reduces our cost of capital through the elimination of the 7.25% dividend payment."
    Royal Gold is a precious metals royalty company engaged in the acquisition and management of precious metal royalty interests. Royal Gold is publicly-traded on the NASDAQ Global Select Market under the symbol "RGLD," and on the Toronto Stock Exchange under the symbol "RGL." The Company's web page is located at http://www.royalgold.com.
    Cautionary "Safe Harbor" Statement under the Private Securities Litigation Reform Act of 1995: With the exception of historical matters, the matters discussed in this press release are forward-looking statements that involve risks and uncertainties that could cause actual results to differ materially from the forward-looking statements contained herein. Such forward-looking statements include statements on the streamlining of the Company's capital structure and reduction of the cost of capital. Factors that could cause actual results to differ materially from projections include, among others, the timing and size of the Company's stock repurchases, precious metals prices, decisions and activities of the operator of the various properties, unanticipated grade, geological, metallurgical, processing or other problems the operator may encounter, changes in project parameters as plans continue to be refined, economic and market conditions, as well as other factors described elsewhere in this press release and in our Annual Report on Form 10-K, and other filings with the Securities and Exchange Commission. Most of these factors are beyond the Company's ability to predict or control. The Company disclaims any obligation to update any forward-looking statement made herein. Readers are cautioned not to put undue reliance on forward-looking statements.
    SOURCE Royal Gold, Inc.


    http://www.royalgold.com

    DENVER, March 18, 2008 /PRNewswire-FirstCall via COMTEX/ -- ROYAL GOLD, INC. (RGLD: Royal Gold Inc) (CA:RGL) , the leading precious metals royalty company, today announced that its Board of Directors has declared its second quarter dividend of $0.07 per share of common stock. The dividend is payable on April 18, 2008 to shareholders of record at the close of business on April 4, 2008. The Company has paid dividends since 2000.
    Royal Gold is a precious metals royalty company engaging in the acquisition and management of precious metal royalty interests. Royal Gold is publicly traded on the NASDAQ Global Select Market under the symbol "RGLD," and on the Toronto Stock Exchange under the symbol "RGL." The Company's web page is located at http://www.royalgold.com.
    SOURCE Royal Gold, Inc.


    http://www.royalgold.com

    Falls es einen aktuelleren Thread zu RGLD gibt, bitte ich um einen Hinweis und Verschieben des Beitrags.


    Heute morgen lieferte RGLD Quartalszahlen.


    Zusammengefaßt mit den aus dem Vorquartal notierten Zahlen in Klammern:


    Umsatz: 123,6 Mio (118,8)
    EPS : 0,63 (1.07)
    Nettogewinn: $40 Mio (70,4)
    Op. cash flow: 78,3 Mio (71,2)
    Op. income: 53 Mio (48,8)
    Produktion: 83.500 GEOs (67.000)
    Preise AU: 1.481 (1.472)
    Cash/Debt: 136 Mio / 130 Mio (122 / 165)


    Laut einem leider nicht verlinkbaren Newsflash auf Guidants wurden damit die Analystenschätzungen von $0,68 EPS und $128 Mio Umsatz verfehlt.


    M.E. muß man dies etwas differenzierter sehen. In diesem Quartal hat die Steuerquote extrem angezogen, da Verlustvorträge aufgebraucht wurden. Das erklärt zum Teil die Diskrepanz aus operativem Zuwachs und Rückgang der Nettoerträge.


    Immerhin konnte man 35Mio Schulden abbauen und ist stolz darauf, seit 2000 jedes Jahr die Dividende erhöht zu haben - als einziger Wert im GDX.


    Das Hauptproblem bleiben die möglichen Abschreibungen zu Centerra / Mount Milligan. Solange hier nicht die neuen Ressourcenschätzungen vorliegen, wird sich der Wert nicht bewegen. Das sieht man auch schön im Vergleich mit FNV (oben mit bester Performance) und WPM:



    Alle drei sind bei mir Depotanker, wobei ich in letzter Zeit nur bei WPM und FNV aktiv gehandelt habe. Sobald sich die Centerra-Situation auflöst, gerne auch mit einem finalen Auswascher, habe ich vor auch RGLD weiter aufzustocken.

Schriftgröße:  A A A A A