OR Royalties Inc. (TSX:OR)

Canada flag Canada · Delayed Price · Currency is CAD
45.07
-0.13 (-0.29%)
Aug 6, 2026, 4:00 PM EST
Market Cap8.47B +11.1%
Revenue (ttm)515.13M +69.5%
Net Income401.98M +260.5%
EPSn/a
Shares Out 187.50M
PE Ratio21.08
Forward PE24.88
Dividend0.36 (0.81%)
Ex-Dividend DateJun 30, 2026
Volume286,854
Open44.78
Previous Close45.20
Day's Range44.40 - 45.32
52-Week Range38.58 - 65.54
Beta1.31
AnalystsBuy
Price Target62.37 (+38.39%)
Earnings DateAug 5, 2026

About OR Royalties

OR Royalties Inc. acquires and manages precious metal and other royalties, streams, and other interests in Canada and internationally. It also owns options on offtake; royalty/stream financings; and exclusive rights to participate in future royalty/stream financings on various projects. The company’s primary asset is a 3-5% net smelter return royalty on the Canadian Malartic complex located in Canada. In addition, it is involved in the exploration, evaluation, and development of mining properties. It primarily explores precious metals, includin... [Read more]

Industry Gold
Sector Materials
Founded 2014
Employees 40
Stock Exchange Toronto Stock Exchange
Ticker Symbol OR
Full Company Profile

Financial Performance

In 2025, OR Royalties's revenue was $277.37 million, an increase of 45.10% compared to the previous year's $191.16 million. Earnings were $206.09 million, an increase of 1166.91%.

Financial numbers in USD Financial Statements

Analyst Summary

According to 11 analysts, the average rating for OR stock is "Buy." The 12-month stock price target is $62.37, which is an increase of 38.39% from the latest price.

Price Target
$62.37
(38.39% upside)
Analyst Consensus: Buy
Stock Forecasts

News

OR Royalties Earnings Call Transcript: Q2 2026

Q2 2026 saw revenue and cash flow surge 62% year-over-year, with net earnings nearly doubling. Despite a rock mass event at Canadian Malartic, 2026 and 2030 GEO guidance remain intact, supported by new acquisitions and a robust pipeline.

12 hours ago - Transcripts

OR Royalties Registration statement: Q2 2026

OR Royalties filed a registration statement on August 6, 2026, providing details about a securities offering with the SEC.

12 hours ago - Filings

OR Royalties Registration statement: Q2 2026

OR Royalties filed a registration statement on August 6, 2026, providing details about a securities offering with the SEC.

12 hours ago - Filings

OR Royalties Earnings release: Q2 2026

OR Royalties released its Q2 2026 earnings on August 6, 2026, summarizing the period's financial results.

12 hours ago - Filings

OR Royalties Slides: Q2 2026

OR Royalties has posted slides in relation to its Q2 2026 quarterly earnings report, which was published on August 6, 2026.

12 hours ago - Filings

OR Royalties reports Q2 EPS 32c, consensus 31c

Reports Q2 revenue $82.22M, consensus $97.23M. Jason Attew, President & CEO of OR Royalties (OR) commented: “Revenues and operating cash flows each grew 62% year-over-year – the arithmetic of a…

1 day ago - TheFly

OR Royalties Declares Third Quarter 2026 Dividend

MONTRÉAL, Aug. 05, 2026 (GLOBE NEWSWIRE) -- OR Royalties Inc. (“OR Royalties” or the “Company”) (OR: TSX & NYSE) is pleased to announce that the Company's Board of Directors has approved a third quart...

1 day ago - GlobeNewsWire

OR Royalties Reports 62% Year-Over-Year Increase in Revenues and Cash Flows from Operations in Q2 2026 and Continued Share Repurchases Under the Normal Course Issuer Bid

MONTRÉAL, Aug. 05, 2026 (GLOBE NEWSWIRE) -- OR Royalties Inc. ("OR Royalties" or the "Company") (OR: TSX & NYSE) today announced its consolidated financial results for the second quarter of 2026. Quar...

1 day ago - GlobeNewsWire

OR Royalties price target lowered to C$85 from C$88 at CIBC

CIBC lowered the firm’s price target on OR Royalties (OR) to C$85 from C$88 and keeps an Outperformer rating on the shares. The firm believes the consolidation in the gold…

21 days ago - TheFly

OR Royalties price target lowered to $42 from $51 at Scotiabank

Scotiabank lowered the firm’s price target on OR Royalties (OR) to $42 from $51 and keeps a Sector Perform rating on the shares. The firm tweaked its gold price forecast…

23 days ago - TheFly

OR Royalties price target lowered to C$64 from C$67 at BMO Capital

BMO Capital lowered the firm’s price target on OR Royalties (OR) to C$64 from C$67 and keeps a Market Perform rating on the shares.

4 weeks ago - TheFly

OR Royalties price target lowered to $45 from $50 at RBC Capital

RBC Capital analyst Josh Wolfson lowered the firm’s price target on OR Royalties (OR) to $45 from $50 and keeps an Outperform rating on the shares as part of a…

4 weeks ago - TheFly

OR Reports Strong Q2 2026 Results with Major Revenue Gains

OR Reports Strong Q2 2026 Results with Major Revenue Gains

4 weeks ago - GuruFocus

OR Royalties earns 20,757 attributable gold equivalent ounces in Q2

OR Royalties (OR) earned 20,757 attributable gold equivalent ounces in the second quarter of 2026. OR Royalties recorded preliminary revenues from royalties and streams of $97.8M during the second qua...

4 weeks ago - TheFly

OR Royalties Announces Preliminary Q2 2026 GEO Deliveries

MONTRÉAL, July 08, 2026 (GLOBE NEWSWIRE) -- OR Royalties Inc. (“OR Royalties” or the “Company”) (OR: TSX & NYSE) is pleased to announce its second quarter 2026 preliminary deliveries, revenues and cas...

4 weeks ago - GlobeNewsWire

OR Royalties price target lowered to $34 from $40 at Jefferies

Jefferies lowered the firm’s price target on OR Royalties (OR) to $34 from $40 and keeps a Hold rating on the shares. Since Q1, gold has declined from about $4,700/oz…

4 weeks ago - TheFly

Canadian Malartic – Barnat Pit Update

MONTRÉAL, July 02, 2026 (GLOBE NEWSWIRE) -- OR Royalties Inc. (“OR Royalties” or the “Company”) (OR: TSX & NYSE) notes that today, its operating partner, Agnico Eagle Mines Limited (“Agnico Eagle”), r...

5 weeks ago - GlobeNewsWire

OR Royalties Q1 Earnings Call Highlights

OR Royalties NYSE: OR reported a record first quarter of 2026, with President and CEO Jason Attew saying the company is “off to an impressive start” as stronger production from its royalty and streami...

3 months ago - MarketBeat

OR Royalties Slides: Investor presentation

OR Royalties has posted slides in relation to its latest quarterly earnings report, which was published on May 13, 2026.

3 months ago - Filings

OR Royalties Announces the Voting Results From Its Annual Meeting of Shareholders

MONTREAL, May 07, 2026 (GLOBE NEWSWIRE) -- OR Royalties Inc. (the “Corporation” or “OR Royalties”) (OR: TSX & NYSE) announces that, at the annual meeting of shareholders held on May 7, 2026, each of t...

3 months ago - GlobeNewsWire

OR Royalties Earnings Call Transcript: Q1 2026

Record Q1 2026 revenues and cash margin were driven by strong GEO deliveries and precious metals prices. Four new royalty deals totaling $438.5 million were closed, with an 18% dividend increase and continued share buybacks. Growth outlook remains robust, focused on Tier-1 jurisdictions.

3 months ago - Transcripts

OR Royalties Earnings release: Q1 2026

OR Royalties released its Q1 2026 earnings on May 7, 2026, summarizing the period's financial results.

3 months ago - Filings

OR Royalties Slides: Q1 2026

OR Royalties has posted slides in relation to its Q1 2026 quarterly earnings report, which was published on May 7, 2026.

3 months ago - Filings

OR Royalties reports Q1 adjusted EPS 40c, consensus 34c

Reports Q1 revenue $62.07M vs. $36.65M. Jason Attew, President & CEO of OR Royalties (OR) commented: “OR Royalties delivered solid operational performance across our asset base in the first quarter,

3 months ago - TheFly

OR Royalties Declares 18% Increase to Quarterly Dividend

MONTREAL, May 06, 2026 (GLOBE NEWSWIRE) -- OR Royalties Inc. (the “Company” or “OR Royalties”) (OR: TSX & NYSE) is pleased to announce that its Board of Directors has approved a second quarter 2026 di...

3 months ago - GlobeNewsWire