Osisko Gold Royalties ( (TSE:OR) ) has shared an update.
Osisko Gold Royalties Ltd has announced a name change to ‘OR Royalties Inc.’ following shareholder approval at its annual and special meeting. The company’s shares will begin trading under the new name on May 13, 2025, while maintaining the ticker symbol ‘OR’ on both the TSX and NYSE. Additionally, all eight nominees for the board of directors were elected, and PricewaterhouseCoopers, LLP was appointed as the independent auditor. The meeting also approved the unallocated rights under the Deferred Share Unit Plan and endorsed the company’s executive compensation approach. These developments reflect a strategic rebranding and operational continuity, potentially enhancing the company’s market positioning and stakeholder confidence.
Spark’s Take on TSE:OR Stock
According to Spark, TipRanks’ AI Analyst, TSE:OR is a Outperform.
Osisko Gold Royalties demonstrates a stable investment profile with strengths in balance sheet stability and positive technical momentum. Valuation concerns persist due to a high P/E ratio. The earnings call provided a positive outlook with record revenues, though growth challenges are apparent. Overall, the company offers a balanced yet cautious opportunity in the gold industry.
To see Spark’s full report on TSE:OR stock, click here.
More about Osisko Gold Royalties
Osisko Gold Royalties Ltd is an intermediate precious metal royalty company with a North American focus. It holds a portfolio of over 195 royalties, streams, and precious metal offtakes, including 21 producing assets. The company’s portfolio is anchored by a significant asset, a 3-5% net smelter return royalty on the Canadian Malartic Complex, one of Canada’s largest gold mines.
Average Trading Volume: 430,809
Technical Sentiment Signal: Buy
Current Market Cap: C$6.2B
For detailed information about OR stock, go to TipRanks’ Stock Analysis page.