UBS Maintains Neutral on Agnico Eagle Mines, Raises Price Target to $190

Shares of precious metals-related companies are trading lower after stronger-than-expected inflation data boosted expectations for a Federal Reserve rate hike in October. Gold and silver prices are declining amid a stronger U.S. dollar and rising Treasury yields, which make non-yielding precious metals less attractive to investors.

Shares of precious metal-related companies are trading lower as gold prices decline while investors await the Federal Reserve's September meeting minutes. The commodity is also facing pressure from rising yields and a stronger dollar.

OR Royalties Announces Preliminary Q3 2026 GEO Deliveries

OR Royalties Inc. announced Q3 2026 preliminary results showing 20,237 attributable gold equivalent ounces earned, with revenues of $90.2 million and a cash margin of $87.3 million (96.8%). The company maintained a cash position of $76.7 million after share repurchases and completed the La Verde royalty acquisition for $15.0 million. The revolving credit facility had $228.2 million drawn with $621.8 million available capacity.