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Royal Canadian Mint sees gold bullion volumes increase 14% YoY in Q3 2022

From kitco.com

The Royal Canadian Mint announced its financial results for the third quarter of 2022 last week, which showed a 14% increase in gold bullion volumes compared to Q3 2021. Gold bullion volumes increased by 43.9 thousand ounces to 354.3 thousand ounces from the previous year’s 310.4 thousand ounces. At the same time, silver bullion volumes decreased 2% to 9.6 million ounces compared to the 9.8 million ounces seen in Q3 of 2021. Revenue from their precious metals businesses decreased to C$687.2 million in 2022, down from C$757.9 million in Q3 2021. “Bullion Products and Services net revenue decreased 10% and 9% during ... (full story)

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  • Category: Fundamental Analysis