OR Royalties Inc Stock Price, News & Analysis

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.

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.