Overview

* OR Royalties ( OR ) Q2 revenue from royalties and streams rises to C$60.4 mln from C$47.4 mln in 2024

* Net earnings for Q2 reach C$32.4 mln, reversing last year's loss

* Company acquires new royalties and streams, enhancing portfolio

Outlook

* OR Royalties ( OR ) expects 2025 GEOs between 80,000 and 88,000

* Company anticipates stronger second half for GEOs earned

* Key portfolio catalysts expected before year-end include feasibility studies

Result Drivers

* ROYALTY PAYMENTS - First payments received from Cardinal Namdini Mining and Talisker Resources contributed to revenue growth

* ASSET PERFORMANCE - Canadian Malartic's strong performance offset underperformance at Mantos Blancos

* ACQUISITIONS - New acquisitions of royalty and stream interests enhanced the company's portfolio

Key Details

Metric Beat/Mis Actual Consensu

s s

Estimate

Q2 C$34.14

Adjusted mln

Net

Income

Q2 Net C$32.36

Income mln

Q2 C$0.055

Dividend

Analyst Coverage

* The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 6 "strong buy" or "buy", 3 "hold" and no "sell" or "strong sell"

* The average consensus recommendation for the gold peer group is "buy"

* Wall Street's median 12-month price target for OR Royalties Inc ( OR ) is C$40.00, about 3.7% above its August 1 closing price of C$38.53

* The stock recently traded at 42 times the next 12-month earnings vs. a P/E of 37 three months ago

Press Release:

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)