What is Royal Gold's gold — depletion rate?

Royal Gold (RGLD) reported gold — depletion rate of $703.00 in Q3 2022.

What does gold — depletion rate mean?

The rate at which the capitalized cost of gold assets is expensed as the underlying mineral reserves are extracted.

Discontinued — last reported Q3 '22

Gold — Depletion Rate

Royal Gold Gold — Depletion Rate decreased by 9.8% to $703.00 in Q3 2022 compared to the prior quarter. This is a positive signal — lower values indicate better performance for this metric.

Analysis

StatementSegment

CategoryProfitability

SignalLower is better

VolatilityStable

First reportedQ1 2020

Last reportedQ3 2022Feb 16, 2023

How to read this metric

A higher rate relative to production may indicate accelerated amortization of asset costs, while a lower rate suggests a longer expected reserve life or lower cost basis.

Detailed definition

This metric measures the systematic allocation of the cost of royalty and streaming interests to expense over the estima...

Peer comparison

Similar to depletion and amortization of mineral interests reported by peers in the mining royalty sector.

Metric ID: rgld_segment_gold_depletion_rate

Historical Data

2 periods

	Q2 '21	Q3 '22
Value	779	703
QoQ Change	—	-9.8%

Range703 – 779

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Frequently Asked Questions

What is Royal Gold's gold — depletion rate?: Royal Gold (RGLD) reported gold — depletion rate of $703.00 in Q3 2022.
What does gold — depletion rate mean?: The rate at which the capitalized cost of gold assets is expensed as the underlying mineral reserves are extracted.