Welcome to our dedicated page for OR Royalties news (Ticker: OR), a resource for investors and traders seeking the latest updates and insights on OR Royalties stock.
OR Royalties Inc. (OR) is a precious metals royalty and streaming company whose news flow reflects developments across a broad portfolio of royalties, streams and similar interests. Because the company does not operate mines directly, its updates often center on financial results, portfolio performance and progress at underlying mining projects operated by partners.
Investors following OR Royalties’ news can expect regular disclosures on quarterly and annual results, including gold equivalent ounces (GEOs) earned, revenues from royalties and streams, and cash margin, a non‑IFRS measure the company uses to assess cash generation from its interests. Press releases also cover dividend declarations, details of the dividend reinvestment plan, and activity under normal course issuer bid programs for share repurchases.
Another key component of OR Royalties’ news consists of asset‑specific updates. The company highlights milestones at projects where it holds NSR royalties, gross revenue royalties or streaming interests, such as feasibility studies, permitting progress, financing developments and construction plans. Examples include updates on projects like Canadian Malartic, Cascabel, Cariboo, Marimaca MOD, Spring Valley, Dalgaranga and other assets in its portfolio.
Corporate announcements furnished to regulators on Form 6‑K also appear in the news stream, including interim financial statements, management’s discussion and analysis, and other regulatory disclosures. For readers tracking OR stock, the news page provides a consolidated view of how the royalty and streaming portfolio is evolving, how much metal exposure the company is reporting through GEOs, and how management is allocating capital through dividends, credit facilities and share repurchases.
Bookmark this page to review new earnings releases, portfolio updates and transaction announcements related to OR Royalties Inc. as they are published.
Osisko Gold Royalties Ltd (OR) announced a non-binding term sheet for a US$20-40 million metals stream to support Osisko Development Corp’s acquisition of the Trixie Mine and 17,000 acres in Utah's Tintic Mining District. The Trixie Mine is a high-grade gold source, historically producing 14,709 ounces at an average grade of 59 g/t. Osisko Development plans to expand production capacity from 20,000 to 100,000 ounces per annum by 2024. This investment is expected to enhance Osisko’s portfolio and leverage significant exploration potential in a prolific mining area.
Osisko Gold Royalties Ltd (OR) reported its preliminary Q4 2021 results, achieving approximately 19,830 attributable gold equivalent ounces (GEOs), totaling around 80,000 GEOs for the year, aligning with its guidance. The company recorded revenues of C$50.7 million and a cash margin of C$47.0 million, marking a quarterly record with a margin of 93%. Key asset advancements were noted, particularly at the Malartic property, with exploration successes expected to enhance production potential. Osisko's strategic focus remains on disciplined capital allocation and shareholder returns, including increased dividends and share buybacks.
Osisko Gold Royalties Ltd (OR:TSX & NYSE) has received approval from the Toronto Stock Exchange for a normal course issuer bid (NCIB Program) allowing repurchase of up to 16,530,688 common shares. The program is set to commence on December 12, 2021, and will run until December 11, 2022, with daily purchases capped at 87,264 shares. Osisko believes the market price does not reflect its underlying value, and the repurchase will benefit remaining shareholders. As of November 30, 2021, the company had 166,458,343 common shares outstanding.
Osisko Gold Royalties Ltd (OR: TSX & NYSE) has announced an agreement to acquire royalties from Talisker Resources Ltd for a total of CAD $7.5 million. The deal includes an additional 0.5% net smelter return (NSR) royalty on the Bralorne property, increasing Osisko’s total NSR interest to 1.7%. Additionally, Osisko will gain a 1.5% NSR on the newly acquired Ladner property and a future 1% NSR on the Golden Hornet property, contingent on Talisker's acquisition. The Bralorne site has historically produced over four million ounces of gold, while Ladner has an inferred resource of 691,540 ounces.
Osisko Gold Royalties Ltd (OR: TSX & NYSE) announced a fourth quarter 2021 dividend of C$0.055 per common share, scheduled for payment on January 14, 2022. Shareholders must be on record by December 31, 2021 to receive this eligible dividend. For U.S. shareholders, the dollar equivalent will be based on the Bank of Canada’s exchange rate on the record date. The company also offers a dividend reinvestment plan for eligible shareholders.
Osisko Gold Royalties reported Q3 2021 financial results, earning record revenues of $50.0 million, up from $41.2 million in Q3 2020. Operating cash flows from royalties and streams reached a record $44.1 million, while cash margin maintained at 93%, 97% excluding diamond streams. However, net earnings attributable to shareholders declined to $1.8 million or $0.01 per share, impacted by a $33.3 million impairment from Osisko Development. The company also declared a quarterly dividend of $0.055 per share, demonstrating ongoing commitment to shareholder returns.
Osisko Gold Royalties Ltd (OR) announces the acquisition of royalties from Barrick Gold Corporation for a total cash consideration of US$11,750,000. The transaction includes a 2% NSR royalty on the West Kenya project, a 1% NSR royalty on the Frontier project, and a 1% NSR royalty on the Central Houndé project. The West Kenya project, operated by Shanta Gold, shows significant potential with high-grade resources and a planned mine life of 9 years, producing around 105,000 ounces of gold annually. This acquisition enhances Osisko's portfolio, emphasizing growth-oriented investments.
Osisko Gold Royalties reported a strong performance in Q3 2021, earning approximately 20,032 gold equivalent ounces and generating C$50 million in revenues, with an impressive operating cash margin of C$46.5 million, reflecting a 93% margin. The company increased its dividend by 10% and repurchased over 1.7 million shares. Key exploration updates from partners indicate promising findings that support growth at multiple projects, including Canadian Malartic and Victoria Gold’s Eagle project. Osisko will release full results on November 9, 2021.
Osisko Gold Royalties Ltd (OR) has updated its normal course issuer bid (NCIB) program, repurchasing 1,267,666 common shares for C$18.5 million from January to August 2021, including 920,266 shares for C$14.1 million in August alone. The company aims to buy back up to 14,610,718 shares by December 11, 2021, believing their stock is undervalued. So far in 2021, Osisko has returned over $35 million to shareholders through repurchases and dividends, reaffirming its commitment to capital returns.
Osisko Gold Royalties Ltd (OR: TSX & NYSE) has announced a third quarter 2021 dividend of C$0.055 per common share, a 10% increase from the previous quarter, totaling an annualized dividend of C$0.22. This dividend will be paid on October 15, 2021, to shareholders on record as of September 30, 2021. President and CEO Sandeep Singh emphasized the company's financial strength and commitment to returning value to shareholders. Additionally, a dividend reinvestment plan is available for shareholders in Canada and the U.S.