Royal Gold (LTS:0KXS) Reserves - Probable (K) : 0.00 (As of . 20)

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What is Royal Gold Reserves - Probable (K)?

Probable reserves are reserves calculated to be at least 50% likely to be recovered through drilling.

The historical rank and industry rank for Royal Gold's Reserves - Probable (K) or its related term are showing as below:

LTS:0KXS's Reserves - Probable (K) is not ranked ^*
in the Metals & Mining industry.
Industry Median:
* Ranked among companies with meaningful Reserves - Probable (K) only.

Royal Gold Reserves - Probable (K) Historical Data

The historical data trend for Royal Gold's Reserves - Probable (K) can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Royal Gold Reserves - Probable (K) Chart

Royal Gold (LTS:0KXS) Reserves - Probable (K) Explanation

Reserves - Probable (K) are reserves calculated to be at least 50% likely to be recovered through drilling. Probable reserves do not necessarily imply proven reserves, since a firm may decide not to recover the deposits because of the expensive economics involved in extraction.

Any combination of regulatory, economic and technological challenges could reduce the likelihood that a firm can profitably extract the reserve.

Royal Gold Reserves - Probable (K) Related Terms

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Royal Gold (LTS:0KXS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Royal Gold Inc (LTS:0KXS) » Definitions » Reserves - Probable (K)

Comparable Companies

Traded in Other Exchanges

RGLD:USA RG3:Germany

Address

1144 15th Street, Suite 2500, Denver, CO, USA, 80202

Website

https://www.royalgold.com

Royal Gold Inc enquires and manages precious metal royalties and streams, with a focus on gold. The company operates by purchasing a percentage of the metal produced from a mineral property for an initial payment, without assuming responsibility of mining operations. Similarly, precious metal streams are purchase agreements with mine operators providing the right to purchase all or a portion of one or more metals produced from a mine, in exchange for an upfront deposit payment. Generally Royal Gold does not conduct any work on the properties in which it holds royalty and streaming assets. The company owns a portfolio of producing, development, evaluation, and exploration royalties and streams, and the majority of group revenue is generated from Canada, Mexico, Chile, and the United States.

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