05:09 PM EDT, 08/05/2025 (MT Newswires) -- OR Royalties ( OR ) said after trade Tuesday its second-quarter profit and revenue rose year-over-year.

The company's adjusted earnings, excluding most one-time items, for the quarter ended June 30 were US$34.14 million, or US$0.18 per share, up from US$24.24 million, or US$0.13, a year ago. The FactSet consensus estimate expected US$0.17 per share.

Revenue from royalties and streams was US$60.36 million, up from US$47.39 million in the year-ago quarter. FactSet projected US$61.9 million.

"OR Royalties ( OR ) is on track to achieve its 2025 annual guidance of 80,000-88,000 gold equivalent ounces, as we expect a slightly stronger second half in terms of GEOs earned, Chief Executive Jason Attew said. He added that over the past six months, strong performance at Canadian Malartic has helped offset lower silver grades at Mantos Blancos.

The board approved a third-quarter dividend of US$0.055 per common share, payable on Oct. 15 to shareholders of record as of the close of business on Sept. 30, the company added.

OR shares closed up $2.02 to $40.55 on the Toronto Stock Exchange.