Royal Gold (FRA:RG3) Reserves - Proven (K) : 0.00 (As of . 20)

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What is Royal Gold Reserves - Proven (K)?

Proven reserves refer to the quantity of natural resources that a company reasonably expects to extract from a given formation.

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

FRA:RG3's Reserves - Proven (K) is not ranked ^*
in the Metals & Mining industry.
Industry Median:
* Ranked among companies with meaningful Reserves - Proven (K) only.

Royal Gold Reserves - Proven (K) Historical Data

The historical data trend for Royal Gold's Reserves - Proven (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 - Proven (K) Chart

Royal Gold (FRA:RG3) Reserves - Proven (K) Explanation

Reserves - Proven (K), aka proved reserves, refer to the quantity of natural resources that a company reasonably expects to extract from a given formation. Proven reserves are established using geological and engineering data gathered through seismic testing and exploratory drilling.

Proven reserves take into account the current technology being used for extraction, regional regulations and market conditions as part of the estimation process. For this reason, proven reserves can seemingly take unexpected leaps and drops.

Royal Gold Reserves - Proven (K) Related Terms

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Royal Gold (FRA:RG3) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Royal Gold Inc (FRA:RG3) » Definitions » Reserves - Proven (K)

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Traded in Other Exchanges

RGLD:USA

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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