Brief: OR Royalties Q2 Net Income CAD 32.358 Million

OR Royalties

05/08/2025 21:30

Overview

OR Royalties Q2 revenue from royalties and streams rises to C$60.4 mln from C$47.4 mln in 2024

Net earnings for Q2 reach C$32.4 mln, reversing last year's loss

Company acquires new royalties and streams, enhancing portfolio

Outlook

OR Royalties expects 2025 GEOs between 80,000 and 88,000

Company anticipates stronger second half for GEOs earned

Key portfolio catalysts expected before year-end include feasibility studies

Result Drivers

ROYALTY PAYMENTS - First payments received from Cardinal Namdini Mining and Talisker Resources contributed to revenue growth

ASSET PERFORMANCE - Canadian Malartic's strong performance offset underperformance at Mantos Blancos

ACQUISITIONS - New acquisitions of royalty and stream interests enhanced the company's portfolio

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q2 Adjusted Net Income
C$34.14 mln
Q2 Net Income
C$32.36 mln
Q2 Dividend
C$0.055


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 6 "strong buy" or "buy", 3 "hold" and no "sell" or "strong sell"

The average consensus recommendation for the gold peer group is "buy"

Wall Street's median 12-month price target for OR Royalties Inc is C$40.00, about 3.7% above its August 1 closing price of C$38.53

The stock recently traded at 42 times the next 12-month earnings vs. a P/E of 37 three months ago

Press Release: ID:nGNX7GZX73

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)