OR Royalties Inc. reported record Q1 2026 revenues of $102.8 million and net earnings of $73.6 million, driven by strong royalty and stream performance, alongside key acquisitions and an 18% dividend increase.
Key takeaways
Record revenues $102.8M (up from $54.9M Q1 2025) with net earnings $73.6M or $0.39/share.
22,740 GEOs earned vs 19,014 in Q1 2025.
Operating cash flow $71.9M after $13.7M tax payment.
Acquired 1% NSR on Namdini mine for $98.5M paid; agreements for Terraco ($168M) and GFL Portfolio ($115M).
Bought back 322,470 shares for $12.9M under NCIB.
Dividend raised to $0.065/share payable July 15, 2026, up 18.2%.