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MONTREAL - OR Royalties Inc. (TSX & NYSE:OR) will pay a third quarter 2025 dividend of US$0.055 per common share on October 15, 2025 to shareholders of record as of September 30, 2025, according to a company statement released Tuesday.
The dividend qualifies as an "eligible dividend" under the Income Tax Act of Canada. For Canadian shareholders, the Canadian dollar equivalent will be determined based on the Bank of Canada’s daily rate on September 30, 2025.
The precious metals royalty company also reminded shareholders about its dividend reinvestment plan (Plan). Residents of Canada and the United States can elect to participate in the Plan for the upcoming dividend payment.
Following the company’s name change in May 2025, a new CUSIP number was assigned, which may require non-registered beneficial shareholders to re-register to continue participating in the dividend reinvestment plan. Affected shareholders should contact their financial advisors or institutions holding their shares to inquire about necessary actions.
OR Royalties, which began operations in June 2014 with a single producing asset, now holds a portfolio of over 195 royalties, streams and similar interests. The company’s cornerstone asset is a 3-5% net smelter return royalty on Agnico Eagle Mines Ltd.’s Canadian Malartic Complex.
The information in this article is based on a press release statement from OR Royalties Inc.
In other recent news, OR Royalties Inc. reported record revenue of $60.4 million for the second quarter of 2025, attributed to earning 19,700 attributable gold equivalent ounces. This achievement resulted in a notable cash margin of approximately $57.8 million, representing 95.8% of the revenue. Additionally, the company has expanded its credit facility to $650 million, with an option to increase it to $850 million, transitioning the facility’s denomination to United States dollars. The amended credit agreement will mature on May 30, 2029, and includes interest rates linked to standard financial indices.
In further developments, OR Royalties has secured a 100% silver stream on the South Railroad project in Nevada, operated by Orla Mining Ltd., enhancing its exposure to prominent mining regions. This acquisition involves purchasing silver at 15% of the market price for the life of the mine. Analyst firms have also adjusted their outlook on Osisko Gold Royalties, with Raymond James raising its price target to $29, maintaining an Outperform rating, and BMO Capital increasing its target to Cdn$33.00 with a Market Perform rating. These updates reflect the company’s strong business model and portfolio growth, including the new silver stream acquisition.
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