OR Royalties

OR Royalties increased revenue in the second quarter by 62% to $97.8m and reported adjusted earnings of $0.32 per share. Operating cash flow and cash margin remained high; the company raised the quarterly dividend by 18.2% and expanded its credit facility. A movement of the pit wall in Barnat at Canadian Malartic will reduce gold‑equivalent production in the coming years, but management reaffirmed the 2026 guidance of 80,000–90,000 GEOs and kept the long‑term outlook intact. » Więcej na de.investing.com

OR Royalties posted record revenue of $102.8 million in Q1 2026 with a cash margin of 96.8%. Net income rose to $73.6 million ($0.39 per share). Production was 22,740 gold-equivalent ounces and the company confirmed its annual guidance of 80,000–90,000 GEOs. OR completed acquisitions totaling $438.5 million, remains debt-free with $94.9 million in cash, and raised the dividend by 18%. Management expects 2030 production of 120,000–135,000 GEOs (about +50% versus 2026E), supported by existing projects and the development pipeline. » Więcej na de.investing.com

OR Royalties has entered a binding US$28.0m streaming agreement for Canadian Copper’s Murray Brook and Caribou assets in New Brunswick. OR will provide US$5.0m at closing; a further US$23.0m will be funded quarterly in line with the project construction budget, with payments conditional on environmental permits, First Nations consent and a formal construction decision. Canadian Copper will deliver 20% of the payable silver and gold content in the concentrate, which OR will purchase at 20% of the spot price per ounce. OR will also receive common shares valued at C$4.0m and a first-ranking security interest, shared with a US$35.0m prepayment facility. The PEA for Murray Brook envisages an open-pit mine with a 13.2-year life, with first production expected by 2029. » Więcej na de.investing.com