$RGLD

ROYAL GOLD INC

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No SEC Form 4 filings for $RGLD in the last 30 days.

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SSR Mining Inc. (SSRM) Sells 20% Equity Interest in Hod Maden

SSR Mining said it signed a definitive agreement to sell its 20% stake and operatorship in the Hod Maden development project to Lidya Mines. In return, SSR Mining will receive an uncapped 4.0% net smelter return royalty on 100% of the project. Royal Gold will sell 15% for an uncapped 2.5% NSR, with a call right to buy 2.0% of SSR Mining’s NSR for $160 million, expiring 12 months after commercial production.

Don't Ignore The Insider Selling In Royal Gold

A recent analysis of Royal Gold (NASDAQ:RGLD) insider transactions reveals significant selling activity, with the Senior VP & General Counsel selling US$244k worth of stock and the Independent Chairman of the Board selling US$1.2m over the last year. Despite these sales, the company's insiders still own 0.3% of the company, valued at approximately US$54m. The article suggests caution for potential investors, noting that while insiders own shares, they have been selling and there's no recent insider buying.

SSR Mining sells its 20% Hod Maden stake; Royal Gold cuts stake in half to 15% (SSRM:NASDAQ)

SSR Mining announced the sale of its 20% stake and operatorship in the Hod Maden project to Lidya Mines in exchange for a 4% net smelter return royalty. Additionally, Royal Gold has reduced its stake in the project. This strategic move by SSR Mining aims to streamline its operations and focus on other assets while retaining a royalty interest in Hod Maden.

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