Meet Samuel – Your Personal Investing Prophet
- Start a conversation with TipRanks’ trusted, data-backed investment intelligence
- Ask Samuel about stocks, your portfolio, or the market and get instant, personalized insights in seconds
OR Royalties ( (TSE:OR) ) has shared an announcement.
OR Royalties reported preliminary first-quarter 2026 deliveries of 22,740 attributable gold equivalent ounces, driven by record royalty and streaming revenues of $102.8 million and a strong cash margin of about $99.5 million, or 96.8%. The company ended March with approximately $94.9 million in cash after repurchasing C$17.7 million of its shares and funding the acquisition of an additional 1.0% net smelter return royalty on the Namdini project from existing cash.
A subsidiary also received a one-time delivery of 4,290 ounces of gold, worth about $17.5 million on delivery, from the buyback of 50% of the Cascabel gold stream by SolGold and Jiangxi Copper. OR Royalties’ $650 million revolving credit facility, plus a $200 million uncommitted accordion, remained fully undrawn, leaving the company well positioned to close previously announced royalty portfolio acquisitions from Gold Fields and Sailfish in early second quarter 2026.
The most recent analyst rating on (TSE:OR) stock is a Hold with a C$60.00 price target. To see the full list of analyst forecasts on OR Royalties stock, see the TSE:OR Stock Forecast page.
Spark’s Take on OR Stock
According to Spark, TipRanks’ AI Analyst, OR is a Outperform.
The score is driven primarily by strong financial performance (high profitability, improved cash generation, and minimal leverage) and a positive earnings call with funded multi-year growth guidance. This is tempered by weak technical momentum (below key moving averages with negative MACD) and a relatively high P/E with a modest dividend yield.
To see Spark’s full report on OR stock, click here.
More about OR Royalties
OR Royalties Inc. is a Montreal-based precious metals royalty and streaming company listed on the TSX and NYSE under the symbol OR. The company generates revenue by providing financing to mining projects in exchange for royalties and streams on gold and other metals, offering investors leveraged exposure to commodity prices with relatively low operating risk.
Average Trading Volume: 463,214
Technical Sentiment Signal: Buy
Current Market Cap: C$10.46B
For a thorough assessment of OR stock, go to TipRanks’ Stock Analysis page.