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.
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.
Osisko Gold Royalties Ltd has announced a second quarter dividend of C$0.05 per common share, payable on July 15, 2021, to shareholders of record by June 30, 2021. Shareholders in the U.S. will receive a dollar equivalent based on the Bank of Canada’s exchange rate on the record date. The dividend qualifies as an 'eligible dividend' under the Income Tax Act (Canada). Additionally, Osisko offers a dividend reinvestment plan for eligible shareholders, allowing them to reinvest dividends into additional shares.
Osisko Gold Royalties reported a strong first quarter of 2021, with consolidated revenues of $49.0 million, marking a 30% increase from $37.8 million in Q1 2020. The company earned 19,960 GEOs, and generated operating cash flows of $36.7 million from its royalty and stream segment. Net earnings reached $10.6 million, compared to a loss of $13.3 million in the previous year. Significant growth was observed in cash margins, which rose to 94%. Additionally, Osisko made strategic investments, including a $3.5 million partnership with Carbon Streaming Corp., enhancing its ESG commitments.
Osisko Gold Royalties Ltd (OR: TSX & NYSE) has successfully completed its acquisition of four royalties at the Spring Valley Project and one at the Moonlight Project in Nevada, alongside a royalty and precious metal offtake right at the Almaden Project in Idaho. This acquisition follows the announcement made on April 12, 2021, and fulfills all conditions precedent. With a portfolio exceeding 150 royalties and its cornerstone asset being a 5% net smelter return royalty on the Canadian Malartic mine, Osisko is positioned as a key player in the North American precious metals sector.
Osisko Gold Royalties Ltd (OR) reported a strong first quarter for 2021, achieving approximately 19,960 attributable gold equivalent ounces and revenues of C$66.9 million. The company announced the acquisition of additional royalties on the Spring Valley project for US$26 million, increasing its net smelter return royalty from 0.5% to 3.0%. This strategic move positions Osisko to capitalize on a significant North American gold mine opportunity. The cash operating margin during the quarter was approximately C$46.5 million, highlighting the company’s robust performance despite previous planning deferrals.
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Osisko Gold Royalties Ltd (TSX & NYSE:OR) filed its Annual Information Form, Consolidated Annual Financial Statements, and Management's Discussion for the year ending December 31, 2020. Additionally, the company submitted its Annual Report on Form 40-F to the U.S. SEC. These documents can be accessed through Canadian and U.S. regulatory sites. Osisko focuses on precious metal royalties, holding a diverse portfolio with over 150 royalties and streams, anchored by a significant 5% net smelter return royalty on the Canadian Malartic mine, Canada’s largest gold mine.
Osisko Gold Royalties Ltd announced a first quarter 2021 dividend of C$0.05 per common share. The dividend will be paid on April 15, 2021, to shareholders of record by March 31, 2021. For U.S. shareholders, the USD equivalent will depend on the Bank of Canada's rate on the record date. The company also reminded shareholders about its dividend reinvestment plan, allowing participation in connection with this dividend. It aims to enhance returns and offers more flexibility for shareholders. More details are available on its website.
Osisko Gold Royalties reported record revenues of $156.6 million for 2020, surpassing guidance due to increased 66,113 GEOs earned. Q4 revenues reached $48.8 million, with cash flows of $32.6 million. Net earnings were $16.9 million for the year. The company announced plans for the Odyssey underground project, aiming for production to start in 2023. Osisko Development raised $100.1 million through financing. A quarterly dividend of $0.05 per share is declared for April 2021. Guidance for 2021 estimates between 78,000 and 82,000 GEOs.
Osisko Gold Royalties Ltd (OR) announced the approval of the Odyssey underground project at the Canadian Malartic mine, a joint venture with Agnico Eagle Mines and Yamana Gold. This project is expected to commence underground production in 2023, with an annual output of 545,000 ounces of gold starting in 2029, surpassing previous estimates. Osisko holds a 3-5% net smelter return (NSR) royalty on the project. The mine's lifespan has been extended to at least 2039, with US$30 million allocated for exploration in 2021, focusing on significant drilling at East Gouldie.