OR Royalties (OR) Q3 Revenue Rises 26% to $90.2M; Reaffirms 2026 GEO Guidance

OR Royalties (TSX:OR, NYSE:OR) reported Q3 2026 revenue of $90.2M, up 26% YoY, driven by higher metal prices. The company declared a $0.065 dividend, repurchased 1M shares, and maintained strong cash margins at 96.8%. OR Royalties aims for 50% GEO growth by 2030, targeting 120,000-135,000 GEOs. Shares traded at $50.86, within a 52-week range of $38.58-$65.54.

OR Royalties reported Q3 2026 revenues of $90.2M, up 26% YoY, and operating cash flow of $77.6M, up 21%. The company remains on track to meet its 2026 guidance of 80,000-90,000 GEOs. Key developments include environmental approval for the Windfall project and the start of production at three new mines. OR Royalties also announced a quarterly dividend of $0.065 per share.

OR Royalties reported Q3 2026 revenues of $90.2M, up 26% YoY, and operating cash flow per share up 21%. The company is on track to meet its 2026 GEO guidance. Key developments include environmental approval for the Windfall project and new mines entering production. OR Royalties also announced acquisitions and increased its revolving credit facility.

OR Royalties reported preliminary Q3 2026 results, earning 20,237 GEOs, with revenues of $90.2M and a cash margin of $87.3M. The company's cash position was $76.7M, with $228.2M drawn from its credit facility. The La Verde royalty transaction closed for $15.0M. Results will be discussed in a conference call on November 12, 2026.

L'Oréal (OR) surpassed LVMH (MOH) to become France's top stock by market cap, reaching $234B vs. LVMH's $232B. L'Oréal gained due to resilient consumer demand for affordable products and strong e-commerce growth, while LVMH fell 35% year-to-date amid luxury sector weakness. L'Oréal's market cap is driven by its position as the world's largest cosmetics firm, with $48B annual revenue.

Royalty streamers like Wheaton Precious Metals (WPM) and Franco-Nevada (FNV) are outperforming traditional gold producers due to higher cash margins. WPM closed a $4.3B deal and returned 510% over a decade. FNV, debt-free with $4.3B available, raised its dividend for 19 straight years. Gold prices hit $4,439/oz, benefiting these companies' models.