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Royal Gold Announces Mount Milligan Mine Extension

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Royal Gold Announces Mount Milligan Mine Extension

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The latest announcement is out from Royal Gold ( (RGLD) ).

On September 11, 2025, Royal Gold, Inc. announced that Centerra Gold Inc.’s pre-feasibility study for the Mount Milligan mine in British Columbia has confirmed a life of mine extension by approximately 10 years, to 2045. This extension, along with potential throughput increases and resource expansions, underscores the strategic importance of Mount Milligan as Royal Gold’s largest stream interest. The study highlights increased gold and copper reserves, improved production capabilities, and a streamlined path for permitting, which collectively enhance the long-term value for stakeholders and reinforce Royal Gold’s position in stable mining jurisdictions.

The most recent analyst rating on (RGLD) stock is a Buy with a $230.00 price target. To see the full list of analyst forecasts on Royal Gold stock, see the RGLD Stock Forecast page.

Spark’s Take on RGLD Stock

According to Spark, TipRanks’ AI Analyst, RGLD is a Outperform.

Royal Gold demonstrates strong financial health with robust revenue growth and a debt-free balance sheet. Positive technical indicators and strategic executive agreements further bolster confidence. While the P/E ratio suggests a premium valuation, the company’s consistent dividend increases and positive earnings call sentiment support a favorable outlook. Overall, Royal Gold is well-positioned within the mining industry, with strengths outweighing minor risks.

To see Spark’s full report on RGLD stock, click here.

More about Royal Gold

Royal Gold is a high margin, mid-capitalization company that generates strong cash flows from a large and well-diversified portfolio of precious metal streams, royalties, and similar production-based interests located in mining-friendly jurisdictions.

Average Trading Volume: 836,940

Technical Sentiment Signal: Buy

Current Market Cap: $12.45B

For an in-depth examination of RGLD stock, go to TipRanks’ Overview page.

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