Or Royalties Announces Preliminary Q3 2025 Geo Deliveries Along With Record Quarterly Revenues

Core Viewpoint - OR Royalties Inc. reported strong preliminary results for Q3 2025, achieving record revenues and maintaining a solid cash position after repaying its revolving credit facility [1][2][3]. Financial Performance - The company earned 20,326 attributable gold equivalent ounces (GEOs) in Q3 2025 [2]. - Preliminary revenues from royalties and streams reached $71.6 million, marking a quarterly record, with a cost of sales (excluding depletion) of $2.4 million, resulting in a cash margin of approximately $69.3 million, or 96.7% [2][11][12]. Cash and Debt Position - As of September 30, 2025, OR Royalties had a cash position of approximately $57.0 million after repaying the outstanding balance of $35.4 million on its revolving credit facility [3]. - The company's revolving credit facility of $650.0 million, along with an uncommitted accordion of $200.0 million, remained entirely undrawn at the end of Q3 [3]. Upcoming Events - The results release is scheduled for November 5, 2025, after market close, followed by a conference call on November 6, 2025, at 10:00 am ET [4]. - An Analyst & Investor Day is planned for November 10, 2025, at 1:00 pm ET, with both in-person and live webcast options available [4]. Company Overview - OR Royalties is a precious metals royalty and streaming company focused on Tier-1 mining jurisdictions, holding a portfolio of over 195 royalties, streams, and similar interests [13]. - The cornerstone asset includes a 3-5% net smelter return royalty on Agnico Eagle Mines Limited's Canadian Malartic Complex, one of the largest gold mines globally [13].