Royal Gold, Inc. (NASDAQ:RGLD) Q2 2025 Earnings Conference Call August 7, 2025 12:00 PM ET
Company Participants
Alistair Baker – Senior Vice President of Investor Relations & Business Development of Royal Gold Corp.
Martin Raffield – Senior Vice President of Operations
Paul K. Libner – Senior VP & CFO
William H. Heissenbuttel – President, CEO & Director
Conference Call Participants
Fahad Tariq – Jefferies LLC, Research Division
Joshua Mark Wolfson – RBC Capital Markets, Research Division
Lawson Winder – BofA Securities, Research Division
Operator
Hello all, and thank you for joining us on today’s Royal Gold 2025 Second Quarter Conference Call. My name is Drew, and I’ll be the operator today.
[Operator Instructions]
With that, it’s my pleasure to hand over to Alistair Baker, Senior Vice President, Investor Relations and Business Development, to begin. Please go ahead when you’re ready.
Alistair Baker
Thank you, operator. Good morning, and welcome to our discussion of Royal Gold’s Second Quarter 2025 results. This event is being webcast live, and a replay of this call will be available on our website. Speaking on the call today are Bill Heissenbuttel, President and CEO; Paul Libner, Senior Vice President and CFO; and Martin Raffield, Senior Vice President of Operations. Other members of the management team are also available for questions.
During today’s call, we will make forward-looking statements, including statements about our projections and expectations for the future. These statements are subject to risks and uncertainties that could cause actual results to differ materially from these statements. These risks and uncertainties are discussed in yesterday’s press release and our filings with the SEC. We will also refer to certain non-GAAP financial measures, including adjusted net income, adjusted net income per share, adjusted EBITDA and cash G&A. Reconciliations of these measures to the most directly comparable GAAP measures are available in yesterday’s press release, which can be
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