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Osisko Gold Royalties ( (TSE:OR) ) has provided an announcement.
OR Royalties announced positive updates on select development assets outside its current five-year growth outlook, highlighting the potential inclusion of these assets in future growth plans. The company has acquired a 100% silver stream on Orla Mining’s South Railroad project in Nevada, which is expected to start production by 2027. Additionally, OR Royalties holds a significant net smelter return royalty on the Spring Valley gold project, which is progressing towards construction with potential financing from the Export-Import Bank of the United States. These developments enhance OR Royalties’ asset portfolio and strengthen its position in the mining industry.
The most recent analyst rating on (TSE:OR) stock is a Buy with a C$28.00 price target. To see the full list of analyst forecasts on Osisko Gold Royalties stock, see the TSE:OR Stock Forecast page.
Spark’s Take on TSE:OR Stock
According to Spark, TipRanks’ AI Analyst, TSE:OR is a Outperform.
Osisko Gold Royalties is rated at 74, reflecting a stable yet cautious investment profile. Strengths include strong technical momentum and strategic growth initiatives highlighted in the earnings call. However, high valuation metrics and inconsistent revenue growth pose notable risks. Financial stability from a strong balance sheet and improved cash flow are positives, but areas like cash management and profitability need attention.
To see Spark’s full report on TSE:OR stock, click here.
More about Osisko Gold Royalties
Osisko Gold Royalties, operating under the name OR Royalties, is a company involved in the mining industry, primarily focusing on acquiring and managing royalties and streams on gold and other precious metals. The company is listed on both the TSX and NYSE and aims to increase its exposure to Tier-1 mining jurisdictions.
YTD Price Performance: 35.02%
Average Trading Volume: 414,159
Technical Sentiment Signal: Buy
Current Market Cap: C$6.57B
See more insights into OR stock on TipRanks’ Stock Analysis page.