10 Must-Buy Mining Stocks to Invest In

3. OR Royalties Inc. (NYSE:OR)

On February 24, 2026, OR Royalties Inc. (NYSE:OR) entered into a definitive agreement to acquire Terraco Gold, a wholly-owned subsidiary of Sailfish Royalty that indirectly holds net smelter return royalty assets largely covering Solidus’ Spring Valley Gold Project in Pershing County, Nevada. OR Royalties will purchase Terraco and the NSR royalties for total cash consideration of $168M, with the transaction expected to close in the first half of 2026. After completion, OR Royalties will hold a combined 6.0% NSR royalty on the Schmidt Claims, a 4.0% NSR royalty on the Additional Royalty Areas, and a 1.0% NSR royalty on the Perimeter Royalty Area. The company said the deal is expected to add gold equivalent ounces beyond its recently released 2030 five-year outlook range of 120,000 to 135,000 GEOs. Spring Valley is construction-ready, and Solidus expects first gold production in the first half of 2028.

On February 23, 2026, TD Securities analyst Derick Ma lowered the price target on OR Royalties Inc. (NYSE:OR) to C$64 from C$67 previously and maintained a Hold rating on the shares.

OR Royalties Inc. (NYSE:OR) acquires and manages precious metal and other royalties, streams, and related interests in Canada and internationally.