Quarterly UpdatesJul 8, 2026, 07:12 AM
OR Royalties Q2 2026 Preliminary Revenue $97.8M; Cash Margin $94.7M
AI Summary
OR Royalties Inc. announced strong preliminary Q2 2026 results, with attributable gold equivalent ounces of 20,757 and revenues of $97.8 million. The company reported a cash margin of $94.7 million, representing 96.8% of revenues. OR Royalties also reduced its net debt position to $139.4 million and repurchased $8.0 million in common shares during the quarter. The Murray Brook precious metals stream transaction, valued at $9.0 million, is expected to close in the third quarter.
Key Highlights
- Preliminary Q2 2026 attributable gold equivalent ounces (GEOs) were 20,757.
- Preliminary revenues from royalties and streams reached $97.8 million in Q2 2026.
- Preliminary cost of sales (excluding depletion) was $3.1 million, leading to a cash margin of $94.7 million (96.8%).
- Cash position as of June 30, 2026, was approximately $75.6 million, after $8.0 million in share repurchases.
- Revolving credit facility was drawn by $215.0 million, with $435.0 million available capacity.
- Net debt position reduced to $139.4 million as of June 30, 2026, following $18.0 million in debt repayments.
- Murray Brook precious metals stream transaction and equity investment, totaling $9.0 million, expected to close in Q3 2026.
Price Impact
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