Canada's OR Royalties reports record 2025 net earnings

OR Royalties

18/02/2026 21:46

Overview

Canada precious metals royalty firm reports record 2025 revenues from royalties and streams, and record net earnings

Company achieved debt-free status after repaying revolving credit facility

Company acquired additional NSR royalties and silver stream in strategic moves

Outlook

OR Royalties expects 2026 GEOs earned to range between 80,000 and 90,000

Company anticipates 5-year GEO output of 120,000 to 135,000 by 2030

OR Royalties withdraws previous 5-year outlook released in February 2025

Result Drivers

ROYALTY PAYMENTS - First payments received from Namdini and Bralorne NSR royalties contributed to revenue growth

STRATEGIC ACQUISITIONS - Acquisitions of additional NSR royalties and silver stream expanded revenue base

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q4 Adjusted Net Income
$59.60 mln
Q4 Net Income
$65.25 mln
Q4 Dividend
$0.055


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 5 "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$68.50, about 18.8% above its February 17 closing price of C$57.68

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

Press Release: ID:nGNX9smNLt

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(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.)