Royal Gold shares rise 3.14% intraday after reporting Q2 earnings of $132.5 million, beating Wall Street expectations.

Royal Gold, Inc. rose 3.14% during intraday trading, with the company reporting second-quarter earnings of $132.5 million, or $2.01 per share. The earnings, adjusted for non-recurring gains, were $1.81 per share, surpassing Wall Street expectations of $1.70 per share. The company also posted revenue of $209.6 million for the period.