OR Royalties Reports Strong Third Quarter 2026 Results
Globe Newswire•11/11/2026•16:04 ET
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Key Highlights
- ➤Q3 revenue $90.2 million, up 26% year-over-year
- ➤Q3 operating cash flow per share $0.42, up 21% year-over-year
- ➤2026 GEO guidance of 80,000-90,000 reaffirmed at approximately midpoint
- ➤Windfall receives Québec environmental approval; Gold Fields targets final investment decision by February 2027
- ➤Cascabel royalty buyback expected to deliver $35.0 million cash
Expert Statements
Jason Attew, President and Chief Executive Officer of OR Royalties Inc.
“This is what the model looks like when it works. On essentially the same GEOs earned as in the third quarter last year, this year we generated 26% more revenue and 20% more operating cash flow, with a 96.8% cash margin converting higher gold prices almost entirely into cash. We also remain on track for approximately the mid-point of our 2026 guidance, even after absorbing the Barnat pit disruption at Canadian Malartic. More importantly, 2026 is the year our development pipeline turned into production: Dalgaranga, Cuiú Cuiú and Amulsar have all poured first gold in 2026, taking the portfolio to 25 producing assets. And with Windfall now holding its principal environmental approval and Cariboo already in construction, the two largest Canadian projects in our 2030 outlook have moved from permitting to execution. We could not be better placed to deliver on our peer-leading, fully-funded growth through the end of the decade.”
Revenues Up 26% and Operating Cash Flow Per Share Up 21%, Year-Over-Year
On Track to Achieve 2026 GEO Guidance; Windfall Project Receives Québec Environmental Approval
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