OR Royalties Announces Preliminary Q1 2026 Results and Share Repurchases

OR Royalties Inc. reported preliminary Q1 2026 results, including 22,740 gold equivalent ounces (GEOs) and record revenues of $102.8 million. The company achieved a cash margin of approximately $99.5 million (96.8%). As of March 31, 2026, OR Royalties had a cash position of $94.9 million after repurchasing $12.9 million (C$17.7 million) of common shares and completing the Namdini royalty transaction. Additionally, an option was exercised to buy back 50% of the Cascabel gold stream, resulting in a one-time payment of approximately $17.5 million. The company's $650 million revolving credit facility remained undrawn. Upcoming transactions to acquire royalty assets from Gold Fields Limited and Sailfish Royalty Corp. are expected to close in early Q2 2026. The company will host a conference call on May 7, 2026, to discuss results. Preliminary financial information is subject to adjustments.