Controlled Production and Improved Efficiency Sustain Profitability despite Low Prices - Research Report on Randgold, Royal Gold, First Majestic, Hecla, and Franco-Nevada

NEW YORK, August 21, 2013 /PRNewswire/ --

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Today, Analysts' Corner announced new research reports highlighting Randgold Resources Ltd. (ADR) (NASDAQ: GOLD), Royal Gold, Inc. (NASDAQ: RGLD), First Majestic Silver Corp. (NYSE: AG), Hecla Mining Company (NYSE: HL), and Franco-Nevada Corporation (NYSE: FNV). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below.

Randgold Resources Ltd. (ADR) Research Report

On August 7, 2013, Randgold Resources Ltd. (ADR) (Randgold) announced that increased production and reduced costs should help the Company to remain profitable given the decreased gold price. According to Mark Bristow, CEO of Randgold, the Company's business model was designed to deliver returns at lower gold prices, and it therefore has not been forced to write down its reserves as these had been calculated at $1,000/oz. Bristow added, "Our giant Kibali project is scheduled to start gold production in October, Loulo and Gounkoto are both accessing higher grade sections in their orebodies, Tongon is continuing its turnaround and improved efficiencies across the group have already cut our total cash cost per ounce by 5% this past quarter."The Full Research Report on Randgold Resources Ltd. (ADR) - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.analystscorner.com/r/full_research_report/2282_GOLD]

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Royal Gold, Inc. Research Report

On August 8, 2013, Royal Gold, Inc. (Royal Gold) reported its Q4 FY 2013 and full-year FY 2013 financial results (period ended June 30, 2013). The Company's royalty revenues declined 4.6% YoY to $57.3 million during the quarter, but increased 9.9% YoY to $289.2 million for full-year FY 2013. Net income available to Royal Gold common stockholders was $10.7 million, or $0.16 per diluted share, in Q4 FY 2013, compared to $20.6 million, or $0.34 per diluted share, in Q4 FY 2012. For full-year FY 2013, net income available to Royal Gold common stockholders was $69.2 million, or $1.09 per diluted share, compared to $92.5 million, or $1.61 per diluted share, in full-year FY 2012. According to Royal Gold, net income for full-year FY 2013 was impacted by an impairment loss recognized on available for-sale-securities recorded in Q3 FY 2013 that had an effect, net of tax, of $0.23 per basic share and was also impacted by an increase in depletion expense as several properties reported higher production in FY 2013.The Full Research Report on Royal Gold, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.analystscorner.com/r/full_research_report/603f_RGLD]

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First Majestic Silver Corp. Research Report

On August 13, 2013, First Majestic Silver Corp. (First Majestic) reported its Q2 2013. The Company's revenues declined 11.7% YoY to $48.4 million during the quarter. Net earnings were $0.16 million, or $0.00 per diluted share, in Q2 2013, compared to $15.3 million, or $0.14 per diluted share, in Q2 2012. Commenting on the results, Keith Neumeyer, CEO and President of First Majestic, said, "The silver price fell 31% during the second quarter which is equal to the largest quarterly drop during the 2008 financial crisis and the third largest quarterly drop in the past 50 years. As such, management decided to suspend a portion of silver sales to await a rebound in prices. While the suspension had a negative impact on this quarter's revenues and earnings, we are confident the silver price will revert back to the mean in the near future. In the meantime, regular sales are now taking place in order to allow silver inventories to return to normal levels." The Full Research Report on First Majestic Silver Corp. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.analystscorner.com/r/full_research_report/761b_AG]

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Hecla Mining Company Research Report

On August 8, 2013, Hecla Mining Company (Hecla) reported its Q2 2013 financial results.  The Company's sales increased 27.3% YoY to $85.3 million. Net loss was $24.9 million, or $0.08 per diluted share, in Q2 2013, compared to net income of $2.5 million, or $0.01 per diluted share, in Q2 2012. Hecla's President and CEO Phillips S. Baker, Jr., said, "The acquisition of Aurizon and associated financing was a pivotal event for Hecla, despite the associated costs resulting in a loss for the second quarter. With Greens Creek operating well, the Lucky Friday ramping up and Casa Berardi in the final quarters of completing major improvements, we are in a strong operating and financial position." He added, "However, in response to lower precious metals prices we have significantly scaled back capital, exploration and pre-development expenditures from original plans this year." The Full Research Report on Hecla Mining Company - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.analystscorner.com/r/full_research_report/92b3_HL]

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Franco-Nevada Corporation Research Report

On August 7, 2013, Franco-Nevada Corporation (Franco-Nevada) reported its financial results for Q2 2013. The Company's revenue declined 9.2% YoY to $93.3 million during the quarter. Net income was $21.6 million, or $0.15 per diluted share, in Q2 2013, compared to net income of $36.9 million, or $0.25 per diluted share, in Q2 2012. Commenting on the results, David Harquail, President and CEO of Franco-Nevada, said, "Franco-Nevada's royalty business model has proven robust despite lower gold prices. Cash flow generation remains very strong and no material impairments have been recognized. Operations are profitable and performing in line with our expectations with no changes to our previous guidance." The Full Research Report on Franco-Nevada Corporation - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.analystscorner.com/r/full_research_report/bd36_FNV]

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