Orogen Royalties Incorporation

Orogen Royalties Incorporation

2.68
USD
-0.09
(-3.25%)
0.11EPS
22.24P/E
154.07MMarket Cap
Dec 01Next Earn
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
0.05
0.04
0.01
0.01
0.02
0.02
0.03
- -
0.05
0.1
0.17
0.19
0.45
0.28
Basic EPS, GAAP
-0.19
-0.23
-0.17
-0.14
-0.17
-0.1
-0.15
-0.17
-0.06
0.02
0.06
0.05
0.16
0.17
Free Cash Flow per Basic Share
0.02
-0.34
-0.15
-0.16
0.05
-0.16
-0.21
-0.13
-0.08
0.02
-0.01
0.06
0.05
0.05
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
0.51
0.4
0.26
0.12
0.21
0.6
0.51
1.2
1.14
1.17
1.27
0.63
0.51
0.63
Tangible Book Value per Share
0.51
0.4
0.26
0.12
0.21
0.6
0.51
1.2
1.14
1.17
1.27
0.63
0.51
0.63
Basic Weighted Avg Shares
7
8
13
13
15
19
21
30
44
45
47
50
28
58
Sales/Revenue/Turnover
- -
- -
- -
- -
- -
- -
1
- -
2
5
8
9
13
16
Operating Margin (%)
-376.14
-624.25
-1,047.29
-1,277.97
-969.64
-838.09
-545.22
-45,874.3
-56.76
22.9
38.93
46.25
50.01
59.51
Depreciation Expense
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Net Income, GAAP
-1
-2
-2
-2
-3
-2
-3
-5
-3
1
3
3
5
10
Effective Tax Rate (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
39.13
35.44
24.89
Profit Margin (%)
-393.09
-636.32
-1,123.47
-1,348.66
-1,073.77
-433.01
-583.79
-68,427.85
-136.19
18.16
38.89
27.73
36.1
59.67
Working Capital
4
3
3
2
3
13
10
10
10
12
19
27
26
33
LT Debt
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Total Equity
4
3
3
2
3
13
11
52
51
52
62
32
30
37
Return on Invested Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
6.99
11.15
9.03
Return on Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
5.54
14.63
27.08
Return on Common Equity (%)
-31.35
-51.77
-62.58
-76.14
-103.34
-24.6
-27.41
-15.91
-5.5
1.63
5.35
5.57
14.74
27.23

Capital Structure

CAD

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
- -
- -
- -
LT Borrowings
- -
- -
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
59
59
59
Market Capitalization
154
214
219

Working Capital

CAD

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
28
32
34
Cash, Cash Equivalents & STI
24
27
30
Accounts Receivable, Net
4
4
4
Inventories
- -
- -
- -
Total Current Liabilities
1
2
1
Payables & Accruals
1
1
1
ST Debt
- -
- -
- -
Deferred Revenue
- -
- -
- -

Growth Rates

CAD

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
67.64%
-6.91%
-3.5%
Free Cash Flow
-166.85%
-212.2%
-55.3%
Net Income, GAAP
27.28%
30.04%
76.04%
Sales/Revenue/Turnover
2,852.6%
5,692.67%
35.24%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

CAD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
2
2
1
4
9
2025
3
2
2
6
13
2026
4
4
- -
- -
- -

Quarterly Earnings Per Share

CAD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.01
0.01
-0.01
0.05
0.05
2025
0.02
- -
0.01
0.05
0.16
2026
0.06
0.04
- -
- -
- -

Quarterly Dividends Per Share

CAD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -

Company Description

CEO
John Patrick Nicol
Full Time Employees
9
Sector
Consumer durables
Industry
Other consumer specialties
Address
1015-789 West Pender Street Vancouver BC Canada V6C 1H2
IPO Date
Jan 28, 2011
Business
Orogen Royalties Inc. is a royalty and mineral exploration company focused on organic royalty creation and royalty acquisitions on precious and base metal discoveries primarily in western North America. The company’s core products and services include acquiring and managing royalty interests on mining projects, with key royalty assets in gold, silver, copper, and other base metals. Its royalty portfolio encompasses interests in operating mines such as the Ermitaño gold and silver mine in Sonora, Mexico, where it holds a 2.0% net smelter return (NSR) royalty, as well as exploration-stage royalties on projects in Canada, the United States, Mexico, Argentina, Kenya, and Colombia. Orogen’s portfolio includes royalties on significant projects like the Silicon gold project in Nevada operated by AngloGold Ashanti and various exploration properties such as Kalium Canyon and La Lola, contributing exposure to millions of ounces of gold and silver reserves. The company operates through strategic partnerships and prospect generation alliances that enable the creation of new royalties with reduced costs and risks. Founded in 2016 and headquartered in Vancouver, Canada, Orogen Royalties has recently undergone significant operational and strategic developments. In 2024, the company reported record total revenue of approximately $9.9 million, a 22% increase from 2023, driven largely by increased royalty revenues from operating mines such as Ermitaño. Operating cash flow grew 73%, and working capital increased to $26.9 million with no outstanding debt. Notably, Orogen completed a transformational $421 million acquisition agreement with Triple Flag Precious Metals, combining cash, equity, and spin-off shares which expanded its royalty exposure, including its flagship 1.0% NSR royalty on the expanded Silicon gold project featuring over 16 million ounces of gold resources. In 2025, Orogen has continued to expand its royalty portfolio, including the creation of new royalties such as on the Firenze Gold Project, and maintains strong financial performance with increasing net income and cash flow. Orogen Royalties targets the mining industry’s precious and base metals sector, providing a low-risk exposure to mineral project economics through royalty interests. The company’s business segments cover royalty acquisition, organic royalty generation via prospect generation partnerships, and mineral exploration royalties. It operates primarily in North America with significant activities and assets in Mexico, the United States, and Canada, alongside projects in South America and Africa. The company aims to maximize returns to investors by managing geological and operational risks through its diverse and growing portfolio of royalties, supported by ongoing exploration and development work by its partners. In summary, Orogen Royalties Inc. is a Vancouver-based financial and asset management company in the mining sector specializing in the acquisition and creation of royalties on precious and base metal mining projects across multiple continents. Recent major changes include the acquisition deal with Triple Flag Precious Metals worth $421 million, record financial results in 2024, expansion of high-grade gold and silver mineralization at key projects like the Silicon gold project, and continued growth in royalty portfolio via strategic alliances and new royalty creations in 2025. The company provides investors with exposure to substantial metal reserves through its diverse and expanding royalty interests managed in close partnership with mining companies and exploration entities.

Company News

  • Orogen Royalties Notes Initial Resource Estimate on Kodiak Copper's MPD Copper-Gold Project