OR Royalties Reports Record Q4 2025 Revenues and Cash Margin, Share Buybacks Totaling C$50.8 Million
MONTRÉAL, Jan. 6, 2026 (GLOBE NEWSWIRE) - OR Royalties Inc. (OR: TSX & NYSE) has released its preliminary results for the fourth quarter and full year of 2025. The update includes figures on gold equivalent ounces (GEOs) delivered, record revenues, cash margins, and debt positions as of December 31, 2025. All figures are presented in United States dollars unless stated otherwise.
Preliminary Q4 and Full Year 2025 Results
In Q4 2025, OR Royalties achieved 21,735 GEOs, bringing the total for 2025 to 80,775 GEOs. This performance falls within the company's guidance range of 80,000-88,000 GEOs.
For the fourth quarter, the company reported record preliminary revenues from royalties and streams of $90.5 million, with the cost of sales (excluding depletion) estimated at $2.6 million. This led to a substantial quarterly cash margin of approximately $87.9 million, or 97.2%.
Throughout the full year, OR Royalties recorded an impressive preliminary revenue total of $277.4 million with a cost of sales of $9.1 million. Consequently, the annual cash margin stood at $268.3 million, equating to 96.7%.
Financial Position as of December 31, 2025
As of year-end 2025, OR Royalties reported a cash position of approximately $142.1 million. This figure follows the complete repayment of the revolving credit facility, with a net repayment of $94.9 million, and includes $36.7 million (C$50.8 million) used for common share repurchases under the normal course issuer bid.
At the end of 2025, the company's revolving credit facility was fully undrawn, allowing for $650.0 million to be drawn, along with an uncommitted accordion of up to $200.0 million.
Upcoming Results Conference Call
OR Royalties will host a conference call to discuss the Q4 and full year 2025 results on:
- Date: Thursday, February 19th, 2026
- Time: 10:00 AM ET
- Dial-in Numbers:
- North American Toll-Free: 1 (800) 717-1738
- Local – Montreal: 1 (514) 400-3792
- Local – Toronto: 1 (289) 514-5100
- Local – New York: 1 (646) 307-1865
- Webcast Link: Click here to join
A replay of the call will be available until March 19th, 2026. Additional information can be found on the company’s website at www.ORroyalties.com.
About OR Royalties Inc.
Founded in June 2014, OR Royalties is a leading precious metals royalty and streaming company focused on Tier-1 mining regions, including Canada, the United States, and Australia. With a growing portfolio of over 195 royalties, streams, and similar interests, OR Royalties is anchored by its key asset—a 3-5% net smelter return royalty on Agnico Eagle Mines Limited’s Canadian Malartic Complex, one of the largest gold mines worldwide.
Contact Information
For further inquiries, please reach out to:
- Grant Moenting, Vice President, Capital Markets - Cell: (365) 275-1954 - Email: gmoenting@orroyalties.com
- Heather Taylor, Vice President, Sustainability and Communications - Tel: (647) 477-2087 - Email: htaylor@orroyalties.com
Forward-Looking Statements
Certain statements made in this release may constitute "forward-looking statements" as defined by U.S. and Canadian securities regulations. These statements involve risks and uncertainties, with actual results potentially differing from those projected.