Discontinued — last reported Q3 '22
Products & Services · Depletion Rate
Copper — Depletion Rate
Royal Gold Copper — Depletion Rate remained flat by 0.0% to $1.53 in Q3 2022 compared to the prior quarter.
Analysis
StatementSegment
CategoryEfficiency
SignalContext dependent
VolatilityStable
First reportedQ1 2020
Last reportedQ3 2022Feb 16, 2023
How to read this metric
A higher rate may indicate faster extraction of reserves or a revision in reserve estimates, while a lower rate suggests a longer expected production life for the underlying assets.
Detailed definition
This metric measures the rate at which the capitalized cost of copper royalty and streaming assets is amortized over the...
Peer comparison
Comparable to unit-of-production depletion or amortization rates used by mining and royalty companies to account for asset exhaustion.
Metric ID:
rgld_segment_copper_depletion_rateHistorical Data
2 periods
| Q2 '21 | Q3 '22 | |
|---|---|---|
| Value | 1.5 | 1.5 |
| QoQ Change | — | +0.0% |
Range1.5 – 1.5
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Frequently Asked Questions
- What is Royal Gold's copper — depletion rate?
- Royal Gold (RGLD) reported copper — depletion rate of $1.53 in Q3 2022.
- What does copper — depletion rate mean?
- The rate at which the value of copper royalty assets is written down as the underlying mineral reserves are extracted.