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Stock impact report

OR Royalties Bathurst Stream Deal Adds Canadian Growth And Valuation Upside [Yahoo! Finance]

OR Royalties Inc. Common Shares (OR) 
Last or royalties inc. common shares earnings: 2/19 06:00 pm Check Earnings Report
US:NYSE Investor Relations: osiskogr.com/en/investors
Company Research Source: Yahoo! Finance
OR Royalties (TSX:OR) agreed to acquire a CA$28 million precious metals stream linked to Canadian Copper's Bathurst Complex in New Brunswick. The company is also taking an equity stake in Canadian Copper as part of a wider financing package for the polymetallic project. The agreements are intended to secure future precious metals exposure from a Canadian Tier 1 jurisdiction. For investors tracking OR Royalties at a share price of CA$56.05, this Bathurst Complex deal adds a new Canadian asset to an already proven royalty and streaming business model. The stock has returned 15.8% year to date and 74.6% over the past year, with a 282.4% return over five years. This performance helps explain why new portfolio moves tend to draw close attention from the market. This new stream and equity position gives OR Royalties another potential source of gold equivalent ounces from a project that targets production before the end of the decade. For readers, the key angle to watch is how this Show less Read more
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