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Osisko Gold Royalties ( (TSE:OR) ) just unveiled an announcement.
OR Royalties Inc. announced positive developments across several key assets, including Cascabel, Cariboo, Marimaca MOD, Spring Valley, Dalgaranga, and Windfall, which are expected to boost confidence in their development timelines. The company highlighted significant exploration results at TDG Gold’s AuWEST project, reinforcing a recent royalty acquisition. At the Cascabel project in Ecuador, operated by SolGold plc, an updated execution plan and development pathway have been outlined, with first production anticipated by 2028. OR Royalties holds a 0.6% net smelter return royalty over Cascabel and a 6% stream of the contained gold produced, with financial commitments to support its development. These advancements are expected to serve as catalysts for portfolio growth throughout 2025, underscoring the company’s strategic positioning in the mining sector.
The most recent analyst rating on (TSE:OR) stock is a Buy with a C$47.00 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 bolstered by strong financial performance and positive technical indicators. The earnings call provided a positive outlook with record cash flows and strategic growth initiatives. However, the high P/E ratio suggests potential overvaluation, and there are operational challenges that need addressing.
To see Spark’s full report on TSE:OR stock, click here.
More about Osisko Gold Royalties
OR Royalties Inc. operates in the mining industry, focusing on acquiring and managing royalties and streams from gold and other precious metal projects. The company is listed on both the TSX and NYSE, and it aims to enhance its portfolio through strategic investments in development and exploration assets.
Average Trading Volume: 336,308
Technical Sentiment Signal: Buy
Current Market Cap: C$9.27B
For a thorough assessment of OR stock, go to TipRanks’ Stock Analysis page.