OR Royalties Third-Quarter Revenue Rises 26 Percent to 90.2 Million Dollars: Net Earnings Fall 33 Percent to 55.4 Million Dollars, Record Nine-Month Revenue of 290.9 Million Dollars
Montreal, Quebec, Canada — OR Royalties Inc. reported its third-quarter 2026 results via GlobeNewswire on November 11, 2026. Revenues of 90.2 million dollars increased 26 percent year over year, and cash flows from operating activities of 77.6 million dollars increased 20 percent, on 20,237 gold equivalent ounces earned, compared with 20,326 in the same quarter a year earlier.
Cash margin was 87.3 million dollars, or 96.8 percent of revenues. Net earnings of 55.4 million dollars, or 0.30 dollars per basic share, fell 33 percent, with the company noting the prior-year quarter included a 54.4 million dollar non-cash gain on the deemed disposal of an associate. Adjusted earnings of 53.9 million dollars, or 0.29 dollars per basic share, rose 28 percent. Cash flow from operating activities per basic share was 0.42 dollars, up 21 percent.
For the first nine months, revenues reached a record 290.9 million dollars, up 56 percent, on 63,734 gold equivalent ounces earned, up 8 percent. The company reaffirmed its 2026 guidance of 80,000 to 90,000 gold equivalent ounces, tracking to approximately the mid-point of the range.
At September 30, 2026, cash was 76.7 million dollars and debt was 228.2 million dollars, and the revolving credit facility was increased to 850.0 million dollars from 650.0 million dollars with maturity extended to August 4, 2030. The 48th consecutive quarterly dividend of 0.065 dollars per share was paid on October 15, 2026, and a further quarterly dividend of 0.065 dollars per share is payable on January 15, 2027, to shareholders of record on December 31, 2026. President and Chief Executive Officer Jason Attew said the model generated 26 percent more revenue and 20 percent more operating cash flow on essentially the same ounces earned as a year earlier. All figures follow the text of the company release dated November 11, 2026, in United States dollars.
Published by GSM · USA (original Chinese edition)
Photo: 图：图中是白底上的数块金锭。图中是金锭的实物照片，为贵金属特许权题材通用配图。Szaaman，Public domain，经Wikimedia Commons。 / Photo: file photo. Szaaman, Public domain, via Wikimedia Commons.
