OR Royalties Reports Preliminary Q3 2026 Revenues of $90.2 Million
OR Royalties Inc. (TSX:OR) announced preliminary results for the third quarter of 2026, highlighting the receipt of 20,237 attributable gold equivalent ounces. The precious metals royalty company generated $90.2 million in preliminary revenue from its royalty and stream agreements. After accounting for preliminary cost of sales of $2.9 million, the company achieved a quarterly cash margin of approximately $87.3 million, representing 96.8% of its total revenue.
The company utilized its cash reserves to execute key transactions and return value to shareholders during the quarter. It finalized a $15.0 million transaction to acquire the La Verde royalty from Hot Chili Limited. Additionally, the company allocated $29.1 million (40.8 million Canadian dollars) to repurchase its common shares under its ongoing normal course issuer bid.
Looking ahead, these preliminary figures remain subject to final quarter-end adjustments and auditing. However, the company remains well-positioned for future investments, closing the quarter with $76.7 million in cash. Furthermore, its revolving credit facility has $621.8 million in remaining capacity, with the option to access an additional uncommitted $350.0 million if needed.
Key points
- OR Royalties Inc. earned 20,237 attributable gold equivalent ounces in the third quarter of 2026.
- Preliminary quarterly revenues reached $90.2 million, resulting in a cash margin of $87.3 million.
- The company completed the $15.0 million La Verde royalty acquisition with Hot Chili Limited.
- Share repurchases during the quarter totaled $29.1 million under a normal course issuer bid.
- The company ended the quarter with $76.7 million in cash and $621.8 million in credit capacity.
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How many gold equivalent ounces did OR Royalties earn in Q3 2026?
OR Royalties Inc. earned 20,237 attributable gold equivalent ounces during the third quarter of 2026.
What was OR Royalties' cash margin for the third quarter of 2026?
The company recorded a preliminary cash margin of approximately $87.3 million, which represents 96.8% of its preliminary revenues.
How much did OR Royalties spend on share repurchases in Q3 2026?
The company spent $29.1 million (40.8 million Canadian dollars) to buy back common shares during the quarter.
