OR Royalties Inc Stock Price, News & Analysis

OR Royalties (NYSE:OR) reported strong Q2 2025 financial results, with significant year-over-year improvements. The company generated 19,700 gold equivalent ounces (GEOs) and revenues of $60.4 million from royalties and streams, up from $47.4 million in Q2 2024.

Key financial highlights include cash flows from operating activities of $51.4 million (34% increase), net earnings of $32.4 million ($0.17 per share), and a robust cash margin of 95.8%. The company strengthened its balance sheet with net repayments of $40.0 million on its credit facility and increased the facility limit to $650.0 million.

Notable operational developments include first royalty payments from Namdini and Bralorne mines, acquisition of a silver stream on South Railroad project, and a 20% dividend increase to $0.055 per share. The company maintains its 2025 guidance of 80,000-88,000 GEOs.

OR Royalties (NYSE:OR) has reported strong preliminary Q2 2025 results, achieving record quarterly performance. The company earned 19,700 attributable gold equivalent ounces (GEOs) and recorded record quarterly revenues of $60.4 million from royalties and streams. The company achieved a remarkable cash margin of $57.8 million (95.8%).

The company's financial position remains solid with a cash position of $49.6 million as of June 30th, 2025. During Q2, OR Royalties made significant debt repayments, reducing its revolving credit facility by $40.0 million. The facility had a balance of $35.7 million at quarter-end, with $614.3 million still available plus an uncommitted accordion of $200.0 million. Post quarter-end, an additional $10.0 million was paid down, further reducing the outstanding balance to $25.7 million.

OR Royalties has announced significant financial developments, including an expanded credit facility and a positive net cash position. The company has amended its credit facility from Canadian to US dollars, increasing it to $650 million with an additional $200 million accordion option, totaling potential availability of $850 million. The facility maintains interest rates at SOFR or CORRA plus 1.45% to 2.75% annually and extends until May 2029. Additionally, OR Royalties stands to receive $49 million from its 4 million shares in MAC Copper, which is being acquired by Harmony Gold for $12.25 per share. The company's CEO Jason Attew highlighted that these developments demonstrate the strength of their asset portfolio and provide enhanced financial flexibility for strategic growth opportunities.

OR Royalties provided updates on several development assets and announced a silver stream acquisition. The company acquired a 100% silver stream on Orla Mining's South Railroad project in Nevada for $13 million, with first production possible by 2027. Notable updates include: Spring Valley project advancing with BLM approvals expected by August 2025 and potential $835M EXIM financing; Cariboo gold project's positive Optimized Feasibility Study showing 190koz Au annual production; Amulsar mine sale completion with restructured streaming agreement; Upper Beaver project progressing with Agnico Eagle's $200M investment; Ermitaño's significant Navidad vein discovery; and Wharekirauponga project's fast-track approval application in New Zealand.

Osisko Gold Royalties Ltd (OR: TSX & NYSE) has announced the completion of its name change to "OR Royalties Inc." (French: Redevances OR Inc.), effective May 13, 2025. The company's ticker symbol "OR" will remain unchanged on both exchanges, with a new CUSIP number 68390D106. At the annual and special meeting, shareholders approved all resolutions with strong support, including the election of eight directors, appointment of PricewaterhouseCoopers as auditor, approval of the Deferred Share Unit Plan, and the advisory vote on executive compensation. The meeting saw a significant turnout with 83.29% of shares represented.

Osisko is an intermediate precious metal royalty company with a North American portfolio comprising over 195 royalties, streams, and precious metal offtakes, including 21 producing assets. Their cornerstone asset is a 3-5% net smelter return royalty on the Canadian Malartic Complex.

Osisko Gold Royalties (OR: TSX & NYSE) has announced a 20% increase in its second quarter 2025 dividend to US$0.055 per common share. The dividend will be paid on July 15, 2025 to shareholders of record as of June 30, 2025. The company has also reminded shareholders about its dividend reinvestment plan (DRIP), which allows eligible shareholders in Canada and the United States to reinvest their dividends in additional common shares. The Canadian dollar equivalent of the dividend will be determined based on the Bank of Canada's daily rate on June 30, 2025. Shareholders interested in participating in the DRIP should contact their financial advisors or the company's transfer agent for enrollment details.

Osisko Gold Royalties (OR) reported strong Q1 2025 financial results, with cash flows from operations reaching $46.1 million, up from $37.4 million in Q1 2024. The company earned 19,014 gold equivalent ounces (GEOs) and generated revenues of $54.9 million from royalties and streams. Net earnings were $25.6 million ($0.14 per share), more than doubling from $11.2 million in Q1 2024. The company maintained a robust cash margin of 97.1% and ended the quarter with a cash balance of $63.1 million. Osisko made significant debt repayments, including $19.6 million during Q1 and an additional $30.0 million post-quarter. The company increased its quarterly dividend by 20% to US$0.055 per share and acquired new royalties in Japan and British Columbia. Management reaffirmed its 2025 guidance of 80,000-88,000 GEOs.

Osisko Gold Royalties (OR: TSX & NYSE) has released its fifth annual sustainability report 'Growing Responsibly' for 2024, showcasing significant progress in ESG initiatives. The company implemented its 2024-2027 climate strategy and completed its first CDP disclosure, while achieving notable environmental milestones including carbon credit offsetting for Scope 2 and 3 emissions.

Key highlights include community investments exceeding $361,000, introduction of an employee donation matching policy, and earning Great Place to Work® certification. On the governance front, Osisko reached its target of 40% female representation on the Board of Directors and enhanced ESG-related due diligence processes.

The company maintained strong ESG ratings, recognized as 'ESG Industry Top-Rated' and 'ESG Regional Top-Rated' by Sustainalytics, achieving an 'AA' rating from MSCI and a 'Prime' rating from ISS.

Osisko Gold Royalties (OR: TSX & NYSE) reported strong preliminary Q1 2025 results, earning 19,014 attributable gold equivalent ounces (GEOs). The company achieved preliminary revenues of $54.9 million from royalties and streams, with cost of sales of $1.6 million, resulting in a record quarterly cash margin of $53.3 million (97.1%).

The company's cash position stood at $63.1 million as of March 31st, 2025, after a $19.6 million net repayment on its revolving credit facility. The facility had a remaining balance of $74.3 million, with an additional $308.2 million available plus an uncommitted accordion of C$200 million. Post-quarter, Osisko further reduced the facility balance to $49.3 million with an additional $25.0 million payment.