OR Royalties Inc Stock Price, News & Analysis

OR Royalties (TSX & NYSE: OR) announced TSX approval to renew a normal course issuer bid allowing repurchase of up to 9,399,294 common shares (about 5% of outstanding shares) from December 12, 2025 to December 11, 2026. Daily purchases limited to 107,496 shares (25% of six-month ADTV).

Year-to-date 2025 the company repurchased 593,432 shares for C$28.0 million (weighted average C$47.12); earlier purchases Dec 1–5 averaged C$47.92.

OR Royalties (TSX/NYSE:OR) announced a fourth quarter 2025 dividend of US$0.055 per common share. The dividend will be paid on January 15, 2026 to shareholders of record at the close of business on December 31, 2025. The payment is designated an eligible dividend under the Income Tax Act (Canada).

Canadian-dollar equivalents will use the Bank of Canada daily rate on December 31, 2025. Non-registered beneficial shareholders who changed CUSIP after the May 8, 2025 name change may need to re-enrol to join the dividend reinvestment plan and receive its 3% discount. Contact details and enrolment information are on the company website and via the transfer agent.

OR Royalties (TSX & NYSE: OR) reported record Q3 2025 results with revenues from royalties and streams of $71.6 million and cash flows from operating activities of $64.6 million.

Other highlights: 20,326 gold equivalent ounces earned in Q3; cash margin of $69.3 million (96.7%); net earnings of $82.8 million or $0.44 per basic share; adjusted earnings of $42.3 million or $0.22 per basic share; debt fully repaid after a $35.4 million repayment to the revolving credit facility; and a cash balance of $57.0 million as at September 30, 2025.

Corporate actions during and after the quarter included payments of C$5.0 million and $10.0 million tied to milestone and stream obligations, receipt of $49.0 million from Harmony for share sale proceeds, and declaration of a quarterly dividend of $0.055 per share (paid Oct 15, 2025; next payable Jan 15, 2026).

OR Royalties (OR) reported preliminary Q3 2025 results with record quarterly revenues of $71.6M and 20,326 attributable GEOs. Preliminary cost of sales (excluding depletion) was $2.4M, producing a $69.3M cash margin (96.7%). As of Sept 30, 2025 cash was approximately $57.0M after repayment of a $35.4M revolver balance; the $650M revolving facility (plus $200M accordion) was undrawn. Results are preliminary, unaudited and subject to quarter-end adjustments that may change the figures materially.

OR Royalties (NYSE:OR) provided significant updates on several key assets in its royalty portfolio. The company highlighted major developments at five core projects:

Cascabel copper-gold project (0.6% NSR + 6% gold stream) is advancing towards production in 2028, with SolGold receiving $33.3M in streaming funds and reporting strong drilling results. Cariboo Gold Project (5% NSR) secured $450M in project financing and raised $203M through private placement. Marimaca MOD (1% NSR) completed its Definitive Feasibility Study, projecting 108M lbs annual copper production. Spring Valley (2-3.5% NSR) received final permits and is pursuing $835M in EXIM financing. Dalgaranga is progressing with underground development and integration plans following Ramelius-Spartan merger.

OR Royalties (NYSE:OR) has declared a quarterly dividend of US$0.055 per common share for the third quarter of 2025. The dividend will be paid on October 15, 2025 to shareholders of record as of September 30, 2025.

The company has reminded shareholders about its dividend reinvestment plan (DRIP). Due to a recent corporate name change and new CUSIP number assignment, non-registered beneficial shareholders may need to re-register to continue participating in the DRIP. Canadian and U.S. residents can participate in the plan for the upcoming dividend payment.

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.