OR Royalties (OM40) Stock Price & Analysis

OM40 Stock Chart & Stats

€27.95-€1.43(-4.87%)

At close: Oct 30 5:30 PM GMT+1

Day’s Range: EUR 27.95 - EUR 29.04
52-Week Range: EUR 23.97 - EUR 41.60
Previous Close: EUR 29.38
Volume: 0
Average Volume (3M): 10
Market Cap: EUR 5.29B
Enterprise Value: EUR 8.68B
Total Cash (Recent Filing): EUR 75.61M
Total Debt (Recent Filing): EUR 219.28M
Price to Earnings (P/E): 21.0
Beta: 0.78
Next Earnings: Nov 11, 2026 (Est.)
EPS Estimate: 0.25
Next Dividend Ex-Date: N/A
Dividend Yield: 0.75%

Bulls Say, Bears Say

Bulls Say

Strong Revenue And Cash-flow Growth

Rapid revenue and operating cash-flow growth, achieved with only a 5% increase in GEOs, indicates stronger monetization and portfolio performance. Sustained cash earnings give OR greater capacity to fund acquisitions, dividends, debt service, and future growth without operating mines directly.

Exceptional Cash Conversion

A cash margin approaching the full revenue base highlights the structural advantage of royalty and streaming economics, which avoid direct mine operating costs. This high conversion can support resilient returns and capital deployment across commodity and production cycles.

Growing And Diversified Production Portfolio

A broad producing-asset base and another expected contributor increase the number of sources supporting future cash flows. Management also maintained the 2030 outlook of 120,000–135,000 GEOs, indicating continued confidence in long-term portfolio growth.

Bears Say

Free Cash Flow Has Turned Negative

Negative free cash flow reduces near-term financial flexibility even though operating cash flow remains solid. If heavier spending or working-capital demands persist, OR may have less internally generated funding available for acquisitions, debt reduction, and shareholder returns.

Higher Leverage After Acquisitions

The sharp increase in debt raises financial risk and makes future results more sensitive to cash-flow execution. While leverage remains modest relative to the equity base, acquisition-funded borrowing could constrain capital allocation if portfolio cash generation does not keep pace.

Canadian Malartic Production Disruption

The Barnat wall movement creates a multi-year reduction to expected GEOs from a meaningful royalty asset, making near-term growth less predictable. Although management says the 2030 outlook is unchanged, the disruption exposes sensitivity to individual mine events.

OR Royalties News

OR Royalties price target lowered to C$70 from C$85 at CIBC

CIBC lowered the firm’s price target on OR Royalties (OR) to C$70 from C$85 and keeps an Outperformer rating on the shares. The firm adjusted targets in the precious and

2w agoOR OM40

OR Royalties Posts Strong Q3 Cash Margin and Maintains Ample Liquidity

The latest update is out from OR Royalties ( ($TSE:OR) ). OR Royalties reported preliminary third-quarter 2026 deliveries of 20,237 attributable gold equivalent ounces, generating $90.2 million in revenue and

3w agoOR OM40

OR Royalties reports preliminary Q3 GEOs 20,237

OR Royalties (OR) earned 20,237 attributable gold equivalent ounces, or GEOs, in the third quarter of 2026. OR Royalties recorded preliminary revenues from royalties and streams of $90.2M during the

3w agoOR OM40

OR Royalties Highlights First Gold at Cuiú Cuiú and Broad Portfolio Advances in Late September 2026 Update

OR Royalties ( ($TSE:OR) ) has provided an announcement. On September 23, 2026, OR Royalties reported first gold production on September 10, 2026 at the Cuiú Cuiú project in Brazil,

1M ago6K OR

Or Royalties Earnings Call Highlights Growth And Risks

Or Royalties Inc. (($TSE:OR)) has held its Q2 earnings call. Read on for the main highlights of the call. Or Royalties Inc. struck an upbeat tone on its latest earnings

2M agoOR OM40

OR Royalties reports Q2 EPS 32c, consensus 31c

Reports Q2 revenue $82.22M, consensus $97.23M. Jason Attew, President & CEO of OR Royalties (OR) commented: “Revenues and operating cash flows each grew 62% year-over-year – the arithmetic of a

2M agoOR OM40

OR Royalties Delivers Strong Q2 Growth and Expands Precious Metals Portfolio

OR Royalties ( ($TSE:OR) ) has provided an announcement. OR Royalties reported a 62% year-over-year increase in second-quarter 2026 revenues to $97.8 million, driven by higher precious metals prices, a

2M agoOR OM40

OR Royalties Declares Q3 2026 Dividend and Promotes Discounted DRIP

OR Royalties ( ($TSE:OR) ) has shared an update. OR Royalties has declared a third quarter 2026 dividend of US$0.065 per common share, payable on October 15 to shareholders of

2M agoOR OM40

OR Royalties price target lowered to C$85 from C$88 at CIBC

CIBC lowered the firm’s price target on OR Royalties (OR) to C$85 from C$88 and keeps an Outperformer rating on the shares. The firm believes the consolidation in the gold

3M agoOR OM40

OR Royalties price target lowered to $42 from $51 at Scotiabank

Scotiabank lowered the firm’s price target on OR Royalties (OR) to $42 from $51 and keeps a Sector Perform rating on the shares. The firm tweaked its gold price forecast

3M agoOR OM40

OR Royalties price target lowered to C$64 from C$67 at BMO Capital

BMO Capital lowered the firm’s price target on OR Royalties (OR) to C$64 from C$67 and keeps a Market Perform rating on the shares. Published first on TheFly – the

3M agoOR OM40

OR Royalties price target lowered to $45 from $50 at RBC Capital

RBC Capital analyst Josh Wolfson lowered the firm’s price target on OR Royalties (OR) to $45 from $50 and keeps an Outperform rating on the shares as part of a

3M agoOR OM40

OR Royalties Posts Strong Preliminary Q2 2026 Results and Lowers Net Debt

OR Royalties ( ($TSE:OR) ) has shared an update. On July 8, 2026, OR Royalties reported preliminary second-quarter 2026 results showing 20,757 attributable gold equivalent ounces delivered and royalty and

3M ago6K OR

OR Royalties earns 20,757 attributable gold equivalent ounces in Q2

OR Royalties (OR) earned 20,757 attributable gold equivalent ounces in the second quarter of 2026. OR Royalties recorded preliminary revenues from royalties and streams of $97.8M during the second quarter

3M agoOR OM40

OM40 FAQ

What was OR Royalties’s price range in the past 12 months?

OR Royalties lowest stock price was €23.97 and its highest was €41.60 in the past 12 months.

What is OR Royalties’s market cap?

OR Royalties’s market cap is €5.29B.

When is OR Royalties’s upcoming earnings report date?

OR Royalties’s next earnings report is estimated for Nov 11, 2026 (not yet confirmed), which is in 9 days.

How were OR Royalties’s earnings last quarter?

OR Royalties released its earnings results on Aug 05, 2026. The company reported €0.287 earnings per share for the quarter, beating the consensus estimate of €0.28 by €0.006.

Is OR Royalties overvalued?

According to Wall Street analysts OR Royalties’s price is currently Undervalued.

Does OR Royalties pay dividends?

OR Royalties does not currently pay dividends.

What is OR Royalties’s EPS estimate?

OR Royalties’s EPS estimate is 0.25.

How many shares outstanding does OR Royalties have?

OR Royalties has 186,359,100 shares outstanding.

What happened to OR Royalties’s price movement after its last earnings report?

OR Royalties reported an EPS of €0.287 in its last earnings report, beating expectations of €0.28. Following the earnings report the stock price went down -0.144%.

Which hedge fund is a major shareholder of OR Royalties?

Hedge funds hold OR Royalties shares: the largest hedge-fund position in OR Royalties is 1,524,957,114 shares, and hedge funds decreased their holdings by 1.2M shares last quarter.

What is the TipRanks Smart Score and how is it calculated?

Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology

OR Royalties Stock Smart Score

Neutral

Learn more about TipRanks Smart Score

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Company Description

OR Royalties

OR Royalties Inc. specializes in the acquisition, development, and exploration of precious metals, streaming agreements, and various other royalty interests. A significant asset in its portfolio includes a stake in the Canadian Malartic mine. The company was established on April 29, 2014, and operates from its corporate headquarters in Montreal, Canada.

OR Royalties (OM40) Earnings & Revenues

Historic Earnings Reports

OM40 Company Deck

OM40 Earnings Call

Q2 2026

0:00 / 0:00

Earnings Call SentimentPositive

The call highlighted materially strong financial performance (revenues +62%, operating cash flow +62%, high cash conversion margin), active accretive M&A and shareholder returns (dividend +18.2%, buybacks), and preserved 2026 guidance and 2030 outlook. Negative items were concentrated around the Canadian Malartic Barnat pit rock mass movement (affecting near-term GEOs), some logistics-driven deferrals, and a higher net debt position after recent acquisitions. Management emphasized that the Malartic event has limited long-term impact on ownership and reiterated focus on accretive growth and liquidity flexibility.

View all DE:OM40 earnings summaries

OM40 Stock 12 Month Forecast

Average Price Target

EUR 40.59▲(45.21% Upside)

Past 12 Months12 Month ForecastJan2026Oct2026

HighEUR 44.70

AverageEUR 40.59

LowEUR 35.12

Detailed Analyst Forecast >

Technical Analysis

Overall Consensus

Indicator	Bullish	Neutral	Bearish
Overall Consensus	6	2	14
Technical Analysis	6	2	2
Moving Averages	0	0	12

Technical Analysis >

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Ownership Overview

0.39% Insiders
13.61% Mutual Funds
1.53% Other Institutional Investors
61.18% Public Companies and Individual Investors

Detailed Ownership Overview >

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OM40 Stock Chart & Stats

Bulls Say, Bears Say

Bulls Say

Strong Revenue And Cash-flow Growth

Exceptional Cash Conversion

Growing And Diversified Production Portfolio

Bears Say

Free Cash Flow Has Turned Negative

Higher Leverage After Acquisitions

Canadian Malartic Production Disruption

OR Royalties News

OR Royalties price target lowered to C$70 from C$85 at CIBC

OR Royalties Posts Strong Q3 Cash Margin and Maintains Ample Liquidity

OR Royalties reports preliminary Q3 GEOs 20,237

OR Royalties Highlights First Gold at Cuiú Cuiú and Broad Portfolio Advances in Late September 2026 Update

Or Royalties Earnings Call Highlights Growth And Risks

OR Royalties reports Q2 EPS 32c, consensus 31c

OR Royalties Delivers Strong Q2 Growth and Expands Precious Metals Portfolio

OR Royalties Declares Q3 2026 Dividend and Promotes Discounted DRIP

OR Royalties price target lowered to C$85 from C$88 at CIBC

OR Royalties price target lowered to $42 from $51 at Scotiabank

OR Royalties price target lowered to C$64 from C$67 at BMO Capital

OR Royalties price target lowered to $45 from $50 at RBC Capital

OR Royalties Posts Strong Preliminary Q2 2026 Results and Lowers Net Debt

OR Royalties earns 20,757 attributable gold equivalent ounces in Q2

OM40 FAQ

OR Royalties Stock Smart Score

Company Description

OR Royalties

OR Royalties (OM40) Earnings & Revenues

OM40 Company Deck

OM40 Earnings Call

Earnings Call Sentiment|Positive

OM40 Stock 12 Month Forecast

Average Price Target

Technical Analysis

Overall Consensus

Similar Stocks

Ownership Overview

Popular Stocks

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Earnings Call SentimentPositive