OR Royalties Inc. generated $97.8 million in revenue for the second quarter of 2026, marking a 62% increase as the company earned 20,757 gold equivalent ounces (GEOs). The results were underpinned by a 96.8% cash margin on those revenues, which totaled $94.7 million for the period.

The company closed $335 million in acquisitions during the quarter, adding interests in the Spring Valley Gold Project and the producing San Gabriel gold-silver mine. Following the quarterly results and the declaration of a dividend increase, the company's shares closed at $45.2, up 4.39% on August 5, 2026.

“Revenues and operating cash flows each grew 62% year-over-year — the arithmetic of a 96.8% cash margin business in a stronger precious metals market — and we remain on track for our 2026 guidance of 80,000 to 90,000 GEOs. When our shares sold off following Agnico Eagle's July 2 disclosure on the Barnat pit, we bought back over one million shares in early July, more than four times the number of shares repurchased in the entire second quarter, and at meaningfully lower prices.”

— Jason Attew, President & CEO

The company reported a cash balance of $75.6 million as of June 30, 2026, against $215 million in outstanding debt. The board has declared a quarterly dividend of $0.065 per common share, which is scheduled for payment on October 15, 2026.

Looking ahead, the company expects to finalize its $15 million royalty extension agreement covering the La Verde project during the third quarter of 2026.

Read the full announcement: OR Royalties Reports 62% Year-Over-Year Increase in Revenues and Cash Flows from Operations in Q2 2026 and Continued Share Repurchases Under the Normal Course Issuer Bid