OR Royalties Stock Surges on Gold Price Support
OR Royalties Inc. (TSX:OR) saw its stock surge 2.24% during a recent trading session, drawing stronger investor interest towards the precious-metals royalty and streaming company.
The company's business model provides exposure to gold and other commodities without requiring OR Royalties to directly operate most of the mines underlying its interests.
Instead of constructing and operating mines itself, the company can provide capital or acquire interests that entitle it to a portion of future production or revenue from underlying mining assets.