Other

Mineral Properties Net

Royal Gold Mineral Properties Net decreased by 0.5% to $8.54B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 179.1%, from $3.06B to $8.54B. Over 5 years (FY 2020 to FY 2025), Mineral Properties Net shows an upward trend with a 30.9% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.

Analysis

StatementBalance Sheet Statement
SectionOther
CategoryMarket Position
SignalHigher is better
VolatilityStable
First reportedQ4 2024
Last reportedQ1 2026

How to read this metric

An increase reflects new acquisitions or capital investments, while a decrease reflects depletion of reserves or asset impairments.

Detailed definition

This represents the net book value of the company's interests in mineral properties, including royalties and streams, af...

Peer comparison

This is the primary asset category for all royalty and streaming peers, representing the core portfolio value.

Metric ID: other_mineral_properties_net

Historical Data

20 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$2.26B$2.48B$2.44B$2.43B$2.39B$3.08B$3.24B$3.19B$3.16B$3.12B$3.08B$3.04B$3.05B$3.02B$3.04B$3.06B$3.14B$4.10B$8.58B$8.54B
QoQ Change+9.5%-1.3%-0.4%-1.8%+29.1%+5.0%-1.4%-1.1%-1.3%-1.3%-1.2%+0.5%-1.1%+0.7%+0.6%+2.7%+30.6%+109.2%-0.5%
YoY Change+5.6%+24.5%+32.5%+31.1%+32.0%+1.0%-5.0%-4.8%-3.2%-3.0%-1.1%+0.7%+2.9%+35.8%+182.1%+179.1%
Range$2.26B$8.58B
CAGR+32.3%
Avg YoY Growth+31.9%
Median YoY Growth+4.3%

Business Segments — Stream interest

View all
SegmentQ4 '24Q4 '25
Stream interest$1.25B$4.54B
Royalty interest$1.79B$4.04B
Total$3.04B$8.58B

Business Segments — Royalty Interest

View all
SegmentQ1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23
Royalty Interest$856.28M$850.21M$1.58B$1.77B$1.75B$1.75B$1.74B$1.72B
Stream Interest$1.58B$1.54B$1.51B$1.47B$1.44B$1.41B$1.38B$1.35B
Total$2.43B$2.39B$3.08B$3.24B$3.19B$3.16B$3.12B$3.08B

Royalty Interest, Stream Interest were previously reported and have since been discontinued or reclassified. Only currently active segments are shown in the chart.

Business Segments — Stream interest

View all
SegmentQ1 '24Q2 '24Q3 '24Q1 '25Q2 '25Q3 '25
Stream interest$1.33B$1.30B$1.28B$1.28B$1.36B$2.34B
Royalty revenue:$1.71B$1.75B$1.75B$1.78B$1.78B$1.76B
Total$3.04B$3.05B$3.02B$3.06B$3.14B$4.10B

Royalty revenue:, Stream interest were previously reported and have since been discontinued or reclassified. Only currently active segments are shown in the chart.

Geographic Breakdown — Africa

View all
SegmentQ3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q1 '25Q2 '25Q3 '25
Africa$271.13M$264.85M$256.03M$249.39M$242.70M$231.29M$225.94M$1.22B
Rest of world$122.46M$116.44M$113.28M$113.02M
Total$3.12B$3.08B$3.04B$3.05B$3.02B$3.06B$3.14B$4.10B

Africa, Rest of world were previously reported and have since been discontinued or reclassified. Only currently active segments are shown in the chart.

Geographic Breakdown — North America

View all
SegmentQ4 '25Q1 '26
North America$3.05B$3.00B
South and Central America$2.89B$2.92B
EMEA$2.58B$2.56B
Total$8.58B$8.54B

Frequently Asked Questions

What is Royal Gold's mineral properties net?
Royal Gold (RGLD) reported mineral properties net of $8.54B in Q1 2026.
How has Royal Gold's mineral properties net changed year-over-year?
Royal Gold's mineral properties net increased by 179.1% year-over-year, from $3.06B to $8.54B.
What is the long-term trend for Royal Gold's mineral properties net?
Over 5 years (2020 to 2025), Royal Gold's mineral properties net has grown at a 30.9% compound annual growth rate (CAGR), from $2.23B to $8.58B.
What does mineral properties net mean?
The net value of the company's royalty and streaming interests in mining properties.