# OR Royalties Inc. (OR)

> Source: Nexqual · https://nexqual.com/OR · data as of 2026-10-22 20:00 UTC · cite as "Nexqual, OR Royalties Inc. (OR), nexqual.com/OR" · informational, not investment advice.

**Price:** USD 33.33 (-4.25% on the day) · last close of Oct 22, 2026; US market pre market, not a live price. Prev close 34.81 · day 32.85–33.85 · 52w 27.54–48.06 · market cap $6.25B · NYQ

## Key facts
- Analysts: Buy (mean 1.91 on a 1–5 scale) (11 analysts), mean target USD 43.75 (range 38–48).
- Total return with dividends: 1Y -0.5% vs S&P 500 +14.9%; 5Y +182.2% vs S&P 500 +80.3%.
- Next earnings: 2026-11-11, EPS estimate USD 0.28, revenue estimate $90.2M.

## Analysts
Consensus Buy (mean 1.91 on a 1–5 scale), 11 analysts; mean target USD 43.75 (low 38, high 48).
Rating changes, last 120 days:
| Date | Firm | Action | Rating | Price target |
|---|---|---|---|---|
| 2026-09-16 | RBC Capital | Target raised | Outperform | $45 → $47 |
| 2026-07-14 | Scotiabank | Target lowered | Sector Perform | $51 → $42 |
| 2026-07-09 | RBC Capital | Target lowered | Outperform | $50 → $45 |
| 2026-07-06 | Jefferies | Target lowered | Hold | $40 → $34 |

## Total return (dividends reinvested)
|  | 1Y (from 2025-10-23) | 5Y (from 2021-10-18) |
|---|---|---|
| Total return | -0.5% | +182.2% |
| S&P 500 (SPY) | +14.9% | +80.3% |
| Per year | -0.5% | +23.0% |
| Volatility (annualized) | 46.5% | 36.4% |
| Max drawdown | -41.0% (Mar 2026→Jul 2026) | -40.1% (Feb 2026→Jul 2026) |

## Peers (Gold)
SSRM (SSR Mining Inc.) USD 29.2 -7.18% · BTG (B2Gold Corp) USD 4.87 -7.24% · AUGO (Aura Minerals Inc.) USD 78.55 -7.93% · OGC (OceanaGold Corporation) USD 25.27 -5.53% · EGO (Eldorado Gold Corporation) USD 32.91 -5.86% · IAG (Iamgold Corporation) USD 16.42 -7.86%

## More
Full page: https://nexqual.com/OR · Free keyless MCP server with the same data and citations: https://mcp.nexqual.com/mcp · Guide for agents: https://nexqual.com/agents · https://nexqual.com/llms.txt

## Analyst estimates and revisions

| Period | EPS est. | 90d ago | Change | Revenue est. | Analysts |
|---|---|---|---|---|---|
| Current quarter (ends 2026-09-30) | $0.28 | $0.33 | -16.3% | $90.2M | 8 |
| Next quarter (ends 2026-12-31) | $0.30 | $0.36 | -14.8% | $0 | 5 |
| Current fiscal year (ends 2026-12-31) | $1.28 | $1.33 | -3.9% | $394.3M | 11 |
| Next fiscal year (ends 2027-12-31) | $1.35 | $1.42 | -5.0% | $472.5M | 11 |

## Options: expected move (Cboe, 15-min delayed)

Expected move by 2026-11-20 (includes earnings 2026-11-11): ±9.9%.

| Expiration | Days | ATM IV | Expected move |
|---|---|---|---|
| 2026-11-20 | 28 | 39.6% | ±9.9% |
| 2026-12-18 | 56 | 45.6% | ±15.2% |
| 2027-01-15 | 84 | 42.2% | ±17.0% |
| 2027-04-16 | 175 | 46.3% | ±26.1% |