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 (OR: TSX & NYSE) has released its fifth annual sustainability report 'Growing Responsibly' for 2024, showcasing significant progress in ESG initiatives. The company implemented its 2024-2027 climate strategy and completed its first CDP disclosure, while achieving notable environmental milestones including carbon credit offsetting for Scope 2 and 3 emissions.
Key highlights include community investments exceeding $361,000, introduction of an employee donation matching policy, and earning Great Place to Work® certification. On the governance front, Osisko reached its target of 40% female representation on the Board of Directors and enhanced ESG-related due diligence processes.
The company maintained strong ESG ratings, recognized as 'ESG Industry Top-Rated' and 'ESG Regional Top-Rated' by Sustainalytics, achieving an 'AA' rating from MSCI and a 'Prime' rating from ISS.
Osisko Gold Royalties (OR: TSX & NYSE) reported strong preliminary Q1 2025 results, earning 19,014 attributable gold equivalent ounces (GEOs). The company achieved preliminary revenues of $54.9 million from royalties and streams, with cost of sales of $1.6 million, resulting in a record quarterly cash margin of $53.3 million (97.1%).
The company's cash position stood at $63.1 million as of March 31st, 2025, after a $19.6 million net repayment on its revolving credit facility. The facility had a remaining balance of $74.3 million, with an additional $308.2 million available plus an uncommitted accordion of C$200 million. Post-quarter, Osisko further reduced the facility balance to $49.3 million with an additional $25.0 million payment.
Osisko Gold Royalties (TSX & NYSE: OR) has announced the filing of its key annual disclosure documents for the year ended December 31, 2024. The company has submitted its Annual Information Form, Consolidated Annual Financial Statements, and Management's Discussion and Analysis with Canadian securities regulatory authorities. Additionally, Osisko has filed its Annual Report on Form 40-F with the U.S. Securities and Exchange Commission.
These documents are accessible through various platforms including SEDARPlus, SEC's website, and Osisko's corporate website. Shareholders can request physical copies of these documents at no cost by contacting Osisko's Investor Relations Department in Montreal.
Osisko Gold Royalties (OR: TSX & NYSE) has announced its first quarter 2025 dividend of C$0.065 per common share. The dividend will be paid on April 15, 2025 to shareholders of record as of March 31, 2025.
The company has confirmed this qualifies as an 'eligible dividend' under the Income Tax Act (Canada). For U.S. shareholders, the USD equivalent will be determined using the Bank of Canada's March 31, 2025 exchange rate.
Osisko has also reminded shareholders about its dividend reinvestment plan (DRIP). Canadian and U.S. residents can participate in the Plan for the upcoming dividend payment. Interested shareholders should contact their financial advisors or Osisko's transfer agent for enrollment details.
Osisko Gold Royalties reported record financial results for 2024, with revenues reaching US$191.2 million and operating cash flows of US$159.9 million. The company earned 80,740 gold equivalent ounces (GEOs), achieved net earnings of $16.3 million ($0.09 per basic share), and adjusted earnings of $97.3 million ($0.52 per basic share).
The company deployed over $287.7 million across three major transactions in 2024, including a 6% gold stream agreement on SolGold's Cascabel project, acquisition of royalties on Dalgaranga Gold project, and amendments to the Gibraltar silver stream. For 2025, Osisko expects GEOs to range between 80,000-88,000 with a 97% cash margin. The company's 5-year outlook projects 110,000-125,000 GEOs by 2029, representing over 30% growth.
Osisko Gold Royalties reported preliminary Q4 2024 results with 20,005 attributable gold equivalent ounces (GEOs), bringing the annual total to 80,740 GEOs, meeting their revised guidance of 77,000-83,000 GEOs. Despite a 14% year-over-year decrease due to operational stoppages at Renard diamond mine and Eagle mine, the company achieved record financial performance.
Q4 2024 saw record preliminary revenues of $79.3 million with a cash margin of 96.2%. Full-year 2024 preliminary revenues reached a record $262.2 million with a 96.5% cash margin. The company ended 2024 with approximately $85.0 million in cash and $135.1 million drawn from their revolving credit facility, with an additional $414.9 million available plus an uncommitted accordion of up to $200 million.
Osisko Gold Royalties (OR: TSX & NYSE) has completed two significant transactions: First, an amendment to its Gibraltar mine silver stream, increasing its attributable silver percentage by 12.5% to 100% for US$12.7 million. The step-down silver delivery threshold has been extended to 6,811,603 ounces. Second, the company closed the acquisition of a 1.8% gross revenue royalty on the Dalgaranga Gold project for US$44 million, plus a 1.35% GRR on nearby exploration licenses for US$6 million.
At Dalgaranga, operator Spartan Resources has achieved key milestones including obtaining underground mining permits, discovering a new high-grade gold zone called "Freak", and reporting a 68% increase in Indicated ounces in an updated Mineral Resource Estimate. Spartan also raised A$220 million to accelerate the project's restart over the next 24 months.
Osisko Gold Royalties (OR: TSX & NYSE) announced the renewal of its Normal Course Issuer Bid (NCIB) Program, approved by the Toronto Stock Exchange (TSX). The company may acquire up to 9,331,275 common shares from December 12, 2024, to December 11, 2025, representing approximately 5% of its issued and outstanding shares as of November 30, 2024. Daily purchases are capped at 73,283 shares, except for block purchases. Shares will be bought at the prevailing market price or at a discount through alternative means and will be canceled post-purchase. The Board believes this will enhance shareholder value. Under the previous NCIB Program, Osisko purchased 26,000 shares at an average price of $22.48 per share.
Osisko Gold Royalties provides updates on several key assets in its portfolio. At Mantos Blancos, plant throughput is reaching nameplate capacity of 20,000 tpd. Island Gold District is advancing its Phase 3+ Expansion, with potential for further expansion. Éléonore mine is being sold to Dhilmar for US$795 million. Namdini Gold Mine achieved first gold pour in November 2024. Dalgaranga Project received approvals for underground mining and discovered a new gold zone. Hermosa Project continues construction progress with US$124 million invested in Q3 2024. Multiple other assets showed positive developments, including first royalty payment from Tocantinzinho and advancement at various exploration and development projects.