Royal Gold Commits to Acquire Royalties on Serrote and Santa Rita Mines Producing base metal mines expected to provide attractive long-term precious metal royalty exposure June 12, 2023 Cautionary Statements Forward-Looking Statements: This press release includes "forward-looking statements" within the meaning of U.S. federal securities laws. Forward-looking statements are any statements other than statements of historical fact. Forward-looking statements are not guarantees of future performance, and actual ...

Gold Forum Europe April 2024 Cautionary Statements Forward-Looking Statements: This presentation includes "forward-looking statements" within the meaning of U.S. federal securities laws. Forward-looking statements are any statements other than statements of historical fact. Forward-looking statements are not guarantees of future performance, and actual results may differ materially from these statements. Forward-looking statements are often identified by words like "will," "may," "could," "should," "would," ...

Mining Forum Europe April 2025 Cautionary Statements Forward-Looking Statements: This presentation includes "forward-looking statements" within the meaning of U.S. federal securities laws. Forward-looking statements are any statements other than statements of historical fact. Forward-looking statements are not guarantees of future performance, and actual results may differ materially from these statements. Forward-looking statements are often identified by words like "will," "may," "could," "should," "would ...

Market Overview - U.S. stock markets faced a setback in 2025 following a significant bull run driven by artificial intelligence in 2023 and 2024, with the Nasdaq Composite rising 43.4% in 2023 and 28.6% in 2024, but only up 0.9% year to date in 2025 [1] Non-Tech Stock Performance - Despite the overall poor performance of the Nasdaq index, several large-cap non-tech stocks have seen substantial gains, with some achieving over 20% returns year to date, indicating potential investment opportunities [2][9] Recommended Stocks - Five non-tech stocks are recommended for investment: Sprouts Farmers Market Inc. (SFM), Royal Gold Inc. (RGLD), Thomson Reuters Corp. (TRI), Woodward Inc. (WWD), and Exelixis Inc. (EXEL), all carrying favorable Zacks Ranks [3][9] Sprouts Farmers Market Inc. (SFM) - SFM, with a Zacks Rank 1, focuses on product innovation, e-commerce, and private label offerings, leading to better-than-expected fourth-quarter 2024 results with year-over-year growth in both revenue and earnings [6] - For 2025, SFM expects net sales to rise between 10.5% and 12.5%, with comparable store sales anticipated to increase by 4.5% to 6.5% [7] - SFM has an expected revenue growth rate of 13.7% and earnings growth rate of 35.5% for the current year, with a 9% improvement in the Zacks Consensus Estimate for earnings over the last 60 days [8] Royal Gold Inc. (RGLD) - RGLD, also with a Zacks Rank 1, benefits from solid streaming agreements and maintains a strong balance sheet, focusing on dividends, debt reduction, and new business opportunities [10] - Current gold prices around $3,400 per ounce, driven by U.S. tariff policies and geopolitical conflicts, are expected to enhance RGLD's results in upcoming quarters [11] - RGLD has an expected revenue growth rate of 24.1% and earnings growth rate of 35.9% for the current year, with a 0.6% improvement in the Zacks Consensus Estimate for earnings over the last 30 days [12] Thomson Reuters Corp. (TRI) - TRI, with a Zacks Rank 2, operates as a content and technology company across various regions and segments, providing value-added information and technology [13][14] - The company has an expected revenue growth rate of 3.2% and earnings growth rate of 4.2% for the current year, with a 1.3% improvement in the Zacks Consensus Estimate for earnings over the last 60 days [14] Woodward Inc. (WWD) - WWD, also with a Zacks Rank 2, benefits from strong demand in its Aerospace and Core Industrial units, with a positive outlook driven by increased defense spending and solid demand for power generation [15][16] - WWD has an expected revenue growth rate of 3.7% and earnings growth rate of 2.1% for the current year, with a 0.3% improvement in the Zacks Consensus Estimate for earnings over the last 30 days [17] Exelixis Inc. (EXEL) - EXEL, with a Zacks Rank 2, reported better-than-expected first-quarter 2025 results, driven by strong demand for its lead drug, Cabometyx, and recent label expansions [18][19] - The company has an expected revenue growth rate of 7.4% and earnings growth rate of 30.5% for the current year, with a 1.6% improvement in the Zacks Consensus Estimate for earnings over the last 30 days [20]

Key Takeaways Gold prices have been on the rise over the past several months, which has given a boost to stocks linked to gold mining. Rising geopolitical tensions, especially the ongoing tensions in the Middle East between Iran and Israel, with the United States now having joined the conflict, have been helping gold prices. Given the current situation, investing in gold mining stocks such as Royal Gold, Inc. (RGLD) , Franco- Nevada Corporation (FNV) , Harmony Gold Mining Company Limited (HMY) and AngloGold ...

Core Insights - Zacks Premium provides various tools to enhance stock market investment confidence and knowledge [1][2] - The Zacks Style Scores are designed to help investors select stocks with the highest potential to outperform the market in the short term [3][4] Zacks Style Scores - The Style Scores categorize stocks into four types: Value Score, Growth Score, Momentum Score, and VGM Score, each focusing on different investment strategies [4][5][6][7] - Value Score identifies undervalued stocks using financial ratios [4] - Growth Score assesses a company's financial health and future growth potential [5] - Momentum Score capitalizes on price trends and earnings outlook changes [6] - VGM Score combines the three styles to highlight stocks with the best overall characteristics [7] Zacks Rank - The Zacks Rank is a proprietary model that uses earnings estimate revisions to assist in stock selection [8] - Stocks rated 1 (Strong Buy) have historically achieved an average annual return of +25.41% since 1988, significantly outperforming the S&P 500 [9] - Investors are encouraged to focus on stocks with a Zacks Rank of 1 or 2 and Style Scores of A or B for optimal returns [11] Stock Example: Royal Gold (RGLD) - Royal Gold operates in the precious metals sector, primarily focusing on gold, and is currently rated 3 (Hold) with a VGM Score of B [13] - The company is projected to experience a year-over-year earnings growth of 35.9% for the current fiscal year, supported by positive earnings estimate revisions [14] - With a solid Zacks Rank and favorable Growth and VGM Style Scores, Royal Gold is recommended for investors' consideration [14]

Investors with an interest in Mining - Gold stocks have likely encountered both Newmont Corporation (NEM) and Royal Gold (RGLD) . But which of these two stocks is more attractive to value investors? We'll need to take a closer look to find out.The best way to find great value stocks is to pair a strong Zacks Rank with an impressive grade in the Value category of our Style Scores system. The proven Zacks Rank puts an emphasis on earnings estimates and estimate revisions, while our Style Scores work to identi ...

Core Insights - Zacks Premium provides various tools for investors to enhance their stock market strategies, including daily updates, research reports, and stock screens [1][2] - The Zacks Style Scores are designed to help investors select stocks with the highest potential to outperform the market in the short term [2][3] Zacks Style Scores Overview - Stocks are rated from A to F based on value, growth, and momentum characteristics, with A being the highest score indicating better chances of outperforming [3] - The Style Scores are categorized into four types: Value Score, Growth Score, Momentum Score, and VGM Score, each focusing on different investment strategies [3][4][5][6] Value Score - The Value Score identifies stocks that are undervalued based on financial ratios such as P/E, PEG, and Price/Sales, appealing to value investors [3] Growth Score - The Growth Score emphasizes a company's financial health and future growth potential, analyzing projected and historical earnings, sales, and cash flow [4] Momentum Score - The Momentum Score assists investors in capitalizing on price trends, utilizing metrics like short-term price changes and earnings estimate revisions [5] VGM Score - The VGM Score combines all three Style Scores, providing a comprehensive indicator for investors who utilize multiple investment strategies [6] Zacks Rank Integration - The Zacks Rank is a proprietary model that leverages earnings estimate revisions to guide investors in stock selection [7] - Stocks rated 1 (Strong Buy) have historically achieved an average annual return of +25.41% since 1988, significantly outperforming the S&P 500 [8] Stock Selection Strategy - For optimal returns, investors should focus on stocks with a Zacks Rank of 1 or 2 and Style Scores of A or B [10] - Stocks with a 3 (Hold) rank should also have A or B Scores to maximize upside potential [10] Company Spotlight: Royal Gold (RGLD) - Royal Gold, based in Denver, CO, specializes in acquiring and managing precious metals stream and royalty interests, primarily in gold [12] - RGLD holds a Zacks Rank of 3 (Hold) with a VGM Score of B and a Growth Style Score of B, indicating potential for growth [12][13] - The company is forecasted to achieve year-over-year earnings growth of 35.2% for the current fiscal year, with upward revisions in earnings estimates from analysts [13]

Industry Overview - Gold prices have been on the rise, reaching $3,415.57/ounce on May 5 and stabilizing around $3,300/ounce thereafter, positively impacting gold mining stocks [1][2] - The increase in gold prices is attributed to concerns over U.S. government debt, weak demand for long-term treasury bonds, and a declining dollar, with the World Gold Council noting a scarcity of gold deposits in the mining industry [2] - Central banks in emerging economies are increasing their gold purchases, and the rising use of gold in energy, healthcare, and technology is expected to create a demand-supply imbalance, further driving prices [3] Investment Opportunities - Investing in gold mining stocks with a favorable Zacks Rank is recommended, with five highlighted stocks: Franco-Nevada Corp. (FNV), Newmont Corp. (NEM), Kinross Gold Corp. (KGC), Royal Gold Inc. (RGLD), and Agnico Eagle Mines Ltd. (AEM), all currently rated as Strong Buy [4] Positive Catalysts - Global central banks are cutting interest rates to stimulate economic growth, which benefits non-income-bearing assets like gold, while a weak U.S. dollar increases demand for dollar-denominated gold [5] - Ongoing geopolitical conflicts, such as the Russia-Ukraine war and unrest in Southeast Asia, are expected to keep gold prices buoyant as it is viewed as a safe-haven investment [6] - Major investment banks like Goldman Sachs and JP Morgan predict gold prices could reach $4,000/ounce by 2026, indicating continued bullish momentum [7] Company-Specific Insights Franco-Nevada Corp. (FNV) - FNV is positioned for strong earnings growth due to increased contributions from streaming agreements and a focus on cost management despite lower output from Cobre Panama [10] - The company has a debt-free balance sheet and plans to use free cash flow for portfolio expansion and dividends, with expected revenue and earnings growth rates of 31.5% and 29.9%, respectively, for the current year [11][12] Newmont Corp. (NEM) - NEM is advancing its growth projects, including the Tanami expansion and the Ahafo North project, with a commitment to invest $950 million to $1,050 million in development capital [13][14] - The expected revenue and earnings growth rates for NEM are 2% and 20.1%, respectively, for the current year [14] Kinross Gold Corp. (KGC) - KGC has a strong production profile and is focusing on organic growth through projects like Tasiast, which is expected to enhance production and cash flow [15][16] - The expected revenue and earnings growth rates for KGC are 15.3% and 63.2%, respectively, for the current year [17] Royal Gold Inc. (RGLD) - RGLD benefits from solid streaming agreements and a strong balance sheet, with plans to allocate cash flow towards dividends, debt reduction, and new ventures [18][19] - The expected revenue and earnings growth rates for RGLD are 24.1% and 35.2%, respectively, for the current year [19] Agnico Eagle Mines Ltd. (AEM) - AEM is focused on executing projects that will enhance production and cash flows, with strategic acquisitions and expansions strengthening its market position [20][21] - The expected revenue and earnings growth rates for AEM are 23% and 42.6%, respectively, for the current year [22]

Company Performance - Orla Mining Ltd. has returned approximately 88.5% since the beginning of the calendar year, significantly outperforming the Basic Materials sector, which has gained an average of 6.5% [4] - The Zacks Consensus Estimate for Orla Mining's full-year earnings has increased by 56.3% over the past 90 days, indicating improved analyst sentiment and earnings outlook [3] Industry Context - Orla Mining Ltd. is part of the Mining - Gold industry, which consists of 39 companies and currently ranks 13 in the Zacks Industry Rank. This industry has seen an average gain of 47.5% so far this year, suggesting that Orla is performing well within its industry [6] - Another company in the Basic Materials sector, Royal Gold, has also shown strong performance with a year-to-date return of 37% and a consensus EPS estimate increase of 14.8% over the past three months [4][5] Sector Ranking - The Basic Materials sector, which includes 232 individual stocks, currently holds a Zacks Sector Rank of 4, indicating its relative performance compared to other sectors [2] - Orla Mining Ltd. has a Zacks Rank of 2 (Buy), suggesting it is positioned to potentially outperform the broader market in the near term [3]