The earnings call revealed a strong financial performance with record cash flows and strategic asset acquisitions, alongside challenges such as lower silver grades at Mantos Blancos and a slight dip in cash margin due to the shuttered Renard diamond mine.

Company Guidance

During the OR Royalties Q2 2025 Results Conference Call, the company provided detailed guidance on various metrics. OR Royalties earned 19,700 GEOs in Q2, indicating a modest increase from Q1 and aligning with its full-year 2025 guidance of 80,000 to 88,000 GEOs. The first half of the year accounted for approximately 45% of the midpoint of their annual GEO guidance, as planned, with expectations for a stronger second half. The company reported record cash flows from operating activities due to higher gold prices, despite a slight dip in cash margin linked to the closure of the Renard diamond mine. Revenues for Q2 were $60.4 million, marking a year-over-year increase driven by rising commodity prices. Net earnings were $0.17 per basic common share, a significant improvement from a loss in the previous year, and cash flow per share was $0.27 compared to $0.21 last year. The company ended the quarter with $49.6 million in cash and achieved a net cash position for the first time in several years, continuing to pay down its revolving credit facility. Additionally, OR Royalties completed the acquisition of a 100% silver stream on Orla Mining's South Railroad project for $13 million and maintained a quarterly dividend of $0.055 per share.

Record Cash Flows and Net Cash Position

Higher gold prices translated to record cash flows from operating activities for OR Royalties for both the second quarter and the first 6 months of the year. The company ended the second quarter with $49.6 million in cash and achieved a net cash position for the first time in several years.

Strong Dividend History

The company declared and paid its quarterly dividend of $0.055 per share in the second quarter, marking its 43rd consecutive dividend.

Significant Revenue and Earnings Growth

Quarterly revenues of $60.4 million tracked higher versus the same period last year, largely thanks to increased commodity prices. Net earnings of $0.17 per basic common share for the period was a significant year-over-year improvement.

Successful Asset Ramp-ups

The ramp-up at G Mining Ventures’ Tocantinzinho mine in Brazil has gone very well, and OR Royalties received its first payment from the Namdini mine in Ghana.

Strategic Acquisition and Development

OR Royalties acquired a 100% silver stream on Orla Mining's South Railroad project in Nevada for $13 million, and the project is expected to have positive momentum in permitting.

Osisko Gold Royalties (TSE:OR) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

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TSE:OR Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Nov 05, 2025	2025 (Q3)	0.29 / -	0.15	―	―	―
Aug 05, 2025	2025 (Q2)	0.25 / 0.25	0.182	37.40% (+0.07)
May 07, 2025	2025 (Q1)	0.21 / 0.22	0.162	36.75% (+0.06)
Feb 19, 2025	2024 (Q4)	0.21 / 0.22	0.164	35.59% (+0.06)
Nov 06, 2024	2024 (Q3)	0.14 / 0.15	0.121	24.14% (+0.03)
Aug 06, 2024	2024 (Q2)	0.17 / 0.18	0.186	-2.24% (>-0.01)
May 08, 2024	2024 (Q1)	0.15 / 0.16	0.186	-12.69% (-0.02)
Feb 20, 2024	2023 (Q4)	0.15 / 0.16	0.193	-15.11% (-0.03)
Nov 08, 2023	2023 (Q3)	0.13 / 0.12	0.146	-17.14% (-0.02)
Aug 09, 2023	2023 (Q2)	0.14 / 0.19	-0.033	658.33% (+0.22)

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

Beat

Missed

TSE:OR Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Aug 05, 2025	C$40.55	C$40.80	+0.62%
May 07, 2025	C$33.11	C$32.98	-0.39%
Feb 19, 2025	C$27.63	C$26.88	-2.70%
Nov 06, 2024	C$28.06	C$28.27	+0.78%

Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.

FAQ

When does Osisko Gold (TSE:OR) report earnings?

Osisko Gold (TSE:OR) is schdueled to report earning on Nov 05, 2025, TBA (Confirmed).

What is Osisko Gold (TSE:OR) earnings time?

Osisko Gold (TSE:OR) earnings time is at Nov 05, 2025, TBA (Confirmed).

Where can I see when companies are reporting earnings?

You can see which companies are reporting today on our designated earnings calendar.

What companies are reporting earnings today?

You can see a list of the companies which are reporting today on TipRanks earnings calendar.

What is TSE:OR EPS forecast?

TSE:OR EPS forecast for the fiscal quarter 2025 (Q3) is 0.29.

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