Canada's OR Royalties Q1 revenue surges to record high

OR Royalties

06/05/2026 21:51

Overview

Canada precious metals royalty firm's Q1 revenue rose 87% yr/yr to record levels

Adjusted EPS for Q1 more than doubled yr/yr

Outlook

OR Royalties maintains 2026 guidance of 80,000 to 90,000 GEOs

Company expects several recent royalty acquisitions to contribute to 2026 cash flows

Result Drivers

HIGHER GOLD EQUIVALENT OUNCES - Co said Q1 results benefited from 22,740 gold equivalent ounces earned, up from 19,014 a year earlier

NEW ROYALTY AND STREAM ACQUISITIONS - Co said recent acquisitions of 13 new royalties, including the Namdini mine NSR and the GFL Portfolio, are expected to contribute to 2026 cash flows and long-term growth

Company press release: ID:nGNX8t2hsw

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q1 Revenue
$102.8 mln
Q1 EPS
$0.39


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 specialty mining & metals peer group is "buy"

Wall Street's median 12-month price target for OR Royalties Inc is C$67.50, about 37.2% above its May 5 closing price of C$49.20

The stock recently traded at 26 times the next 12-month earnings vs. a P/E of 38 three months ago

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(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.)