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: 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.
Osisko Gold Royalties Ltd (OR) reported a strong Q2 2021, achieving record revenues of $49.9 million from royalties and streams, up from $28.7 million in Q2 2020. The company earned 20,178 GEOs, an increase from 12,245 GEOs year-over-year. Operating cash flows reached $30.9 million, while record operating cash flows from the royalties segment hit $37.3 million. However, a net loss of $14.8 million was reported due to a $36.1 million impairment charge. A quarterly dividend was raised by 10% to $0.055 per share. The company also expanded its credit facility.
Osisko Gold Royalties Ltd (OR: TSX & NYSE) announced a royalty transfer agreement with Sailfish Royalty Corp, acquiring up to 2.75% net smelter return royalty on the Tocantinzinho gold project for US$10 million. Located in Brazil, Tocantinzinho has proven and probable reserves of 1.78Moz gold. A feasibility study indicates a mine life of 10 years, with an annual gold production of 170Koz at a cost of US$615/oz. The project operator may buy down the royalty by 2%, paying US$5.5 million at construction time.
Osisko Gold Royalties Ltd (OR: TSX & NYSE) reported strong preliminary Q2 2021 results, earning approximately 20,178 attributable gold equivalent ounces (GEOs) and generating revenues of C$57.2 million. The cost of sales was C$10.1 million, leading to a record operating cash margin of approximately C$47.1 million, representing about 94%. The company anticipates a robust second half of the year with advancements in its asset portfolio, particularly at the Santana and Eagle mines. A conference call is scheduled for August 10, 2021, to discuss full results.
On May 12, 2021, Osisko Gold Royalties Ltd held its annual shareholder meeting, where all 9 director nominees were elected with significant support. The election results showcased strong backing for nominees such as John R. Baird and Sandeep Singh, receiving over 99% of votes cast in favor. Additionally, PricewaterhouseCoopers was appointed as the independent auditor for the upcoming year. The meeting also approved unallocated rights under the Employee Share Purchase Plan and the Restricted Share Unit Plan, indicating continued shareholder confidence in corporate governance and executive compensation strategies.