OR Royalties (OR) reported Q3 preliminary deliveries Wednesday of 20,237 attributable gold equivalent ounces.
The company also reported preliminary revenue of $90.2 million from royalties and streams, preliminary cost of sales, excluding depletion, of $2.9 million, and a quarterly cash margin of approximately $87.3 million, or 96.8%.
As of Sept. 30, the company said it had approximately $76.7 million in cash, after repurchases of shares made under the normal course issuer bid of $29.1 million. OR Royalties also said its revolving credit facility was drawn by $228.2 million as of Sept. 30, with $621.8 million of available capacity, as well as an uncommitted accordion of up to $350 million.
Shares of OR Royalties were down 0.9% pre-bell.