U.S. Markets open in 6 hrs 33 mins

Royal Gold reports 2Q loss

DENVER (AP) _ Royal Gold Inc. (RGLD) on Wednesday reported a fiscal second-quarter loss of $14.8 million, after reporting a profit in the same period a year earlier.

On a per-share basis, the Denver-based company said it had a loss of 23 cents. Earnings, adjusted for pretax expenses and non-recurring costs, came to 41 cents per share.

The manager of precious metal royalties posted revenue of $114.3 million in the period.

Royal Gold shares have decreased almost 2 percent since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $80.69, a rise of 14 percent in the last 12 months.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on RGLD at https://www.zacks.com/ap/RGLD