OR Royalties (TSX: OR) has managed to meet production guidance for 2025. The royalty and streaming company this morning reported preliminary fourth quarter results, highlighted by 21,735 ounces of gold equivalent production.
The figure represents moderate growth over the third quarter, which recorded 20,326 ounces of gold equivalent production, along with an improvement over the 20,005 ounces produced in Q4 2024.
On an annual basis, gold deliveries came in at 80,775 gold equivalent ounces, meeting the lower end of prior guidance which called for production of 80,000 to 88,000 ounces. The figure meanwhile was flat versus the 80,740 gold equivalent ounces produced in 2024.
Preliminary revenues in the fourth quarter meanwhile total $90.5 million, while cost of sales sits at $2.6 million, resulting in cash margins of $87.9 million in Q4. The third quarter comparatively recorded margins of $69.3 million.
Full year revenues on a preliminary basis meanwhile totaled $277.4 million, with annual cash margins sitting at $268.3 million.
OR Royalties reportedly ended the year with cash of $142.1 million, following the repayment of $94.4 million in outstanding credit facilities over the course of the year. Share buybacks for 2025 meanwhile totaled $36.7 million.
Full financial results are slated to be released February 18 after the close of markets.
OR Royalties last traded at $50.87 on the TSX.
Information for this briefing was found via the sources mentioned. The author has no securities or affiliations related to this organization. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security. The author holds no licenses.
