Orogen Royalties (OGN) AI Stock Analysis

• Market Cap: C$394.49M
• Dividend Yield: N/A
• Average Volume (3M): 141.98K
• Price to Earnings (P/E): 101.3
• Beta (1Y): 1.12
• Revenue Growth: 33.96%
• EPS Growth: 37.86%
• Country: CA
• Employees: 10
• Sector: Real Estate
• Sector Strength: 60
• Industry: Gold
• EPS (TTM): 0.00
• Shares Outstanding: 201,784,670
• 10 Day Avg. Volume: 125,880
• 30 Day Avg. Volume: 141,977
• PEG Ratio: 3.17
• Price to Book (P/B): 5.79
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 127.86
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0

• Rating: 70 Outperform
• Price Target: C$2.00 ▲(2.04%Upside)

Orogen Royalties' strong financial performance and positive corporate events are key strengths, supporting a stable outlook. However, high valuation metrics and technical indicators suggesting overbought conditions temper the overall score, urging cautious optimism. The acquisition by Triple Flag Precious Metals presents a significant opportunity for value realization and strategic growth.

Orogen Royalties Business Overview & Revenue Model

Company Description

Orogen Royalties Inc. is a royalty company operating in the natural resources sector, primarily focusing on the acquisition, creation, and management of precious and base metal royalties. The company is headquartered in Canada and is engaged in the discovery and development of mineral resources, providing a portfolio of royalty interests that offer exposure to gold, copper, and other valuable metals across various geographic regions.

How the Company Makes Money

Orogen Royalties generates revenue primarily through its portfolio of royalty interests. The company acquires and creates royalties on mineral properties, which entitle it to a percentage of the revenue or profits generated from the production of minerals on those properties. This provides Orogen with a steady stream of income without the need for direct involvement in the costly and risky business of mining operations. Key revenue streams include royalties from the production of gold and copper, among other metals, on properties where Orogen holds interests. Partnerships with mining companies and strategic acquisitions of new royalty interests are significant factors contributing to Orogen's earnings, as they expand the company's portfolio and enhance its income potential.

Orogen Royalties Financial Statement Overview

Summary

Orogen Royalties exhibits strong financial performance with consistent revenue growth and improving profitability. The company benefits from effective cost management and a prudent approach to leverage. Cash flow generation has improved significantly, enhancing overall financial health. Historical fluctuations in profitability and cash flow warrant attention, but the current trajectory is positive.

Income Statement

Orogen Royalties has shown strong revenue growth with a consistent increase in total revenue over the years, reaching approximately 9.3 million in the latest annual report. The gross profit margin is healthy, reflecting efficient cost management. Net profit margin has improved significantly, indicating enhanced profitability, although historical volatility is noted. The EBIT and EBITDA margins are robust, signaling strong operational performance.

Balance Sheet

The company maintains a solid equity base with a high equity ratio, indicative of strong capitalization. The debt-to-equity ratio is low, demonstrating prudent leverage management. Return on Equity (ROE) has seen improvements, though past periods showed variability. Overall, the balance sheet reflects financial stability, with a strong asset base supporting growth.

Cash Flow

The cash flow statement highlights a positive trend in operating cash flow, aligning with improved profitability. Free cash flow has transitioned from negative to positive, underscoring better cash management. The operating cash flow to net income ratio suggests healthy cash generation relative to earnings, although fluctuations in prior years suggest a need to monitor consistency.

Breakdown
Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement		Total Revenue
9.35M	7.83M	3.78M	2.08M	240.20K
	Gross Profit
9.27M	7.74M	3.65M	1.89M	72.15K
	EBIT
5.40M	3.14M	670.22K	630.40K	38.44M
	EBITDA
4.40M	3.14M	841.03K	-1.19M	-3.68M
	Net Income Common Stockholders
2.59M	3.04M	840.18K	-2.83M	-87.57M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
24.23M	16.93M	11.37M	9.12M	10.84M
	Total Assets
69.76M	62.59M	53.11M	51.67M	11.93M
	Total Debt
256.67K	191.23K	235.03K	229.30K	333.13K
	Net Debt
-13.80M	-6.19M	-3.42M	-2.21M	-3.28M
	Total Liabilities
1.65M	1.01M	833.21K	974.57K	1.05M
	Stockholders Equity
68.11M	61.58M	52.28M	50.69M	10.88M
Cash Flow		Free Cash Flow
3.05M	-498.60K	671.42K	-3.56M	-3.87M
	Operating Cash Flow
3.05M	1.36M	687.12K	-3.53M	-3.79M
	Investing Cash Flow
1.02M	-3.80M	-349.41K	2.05M	-1.16M
	Financing Cash Flow
2.92M	5.29M	251.49K	718.10K	4.97M

Orogen Royalties Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 1.96
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Negative
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:OGN, the sentiment is Positive. The current price of 1.96 is above the 20-day moving average (MA) of 1.85, above the 50-day MA of 1.71, and above the 200-day MA of 1.53, indicating a bullish trend. The MACD of 0.06 indicates Negative momentum. The RSI at 74.14 is Negative, neither overbought nor oversold. The STOCH value of 94.44 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for TSE:OGN.

Orogen Royalties Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
ELE	74 Outperform	C$348.98M	57.96	2.36%	―	109.11%	―
OGN	70 Outperform	C$394.49M	101.30	5.89%	―	33.96%	37.86%
Sector *	61 Neutral	$2.83B	10.92	0.41%	8438.90%	5.75%	-21.03%
FISH	56 Neutral	C$171.50M	411.86	2.86%	2.75%	56.49%	―
PRB	47 Neutral	C$516.01M	―	-177.01%	―	―	10.27%
FDR	46 Neutral	C$400.85M	―	-14.97%	―	―	-83.38%
MFG	36 Underperform	C$185.78M	―	-49.68%	―	―	17.11%

Orogen Royalties Corporate Events

Orogen Royalties Announces Shareholder Meeting and Proposed Arrangement

Orogen Royalties Inc. has announced the availability of its management information circular and notice for the upcoming annual general and special meeting of shareholders. The meeting will address a proposed arrangement with Triple Flag Precious Metals Corp., offering significant benefits such as immediate liquidity and enhanced exposure to royalty assets. The board recommends shareholders vote in favor of the arrangement, which promises to unlock significant value and provide excellent value for the Expanded Silicon Project.

Orogen Royalties Reports Strong Q1-2025 Results and Expands Mineralization at Navidad

Orogen Royalties Inc. reported a profitable first quarter in 2025, driven by strong royalty revenue from its Ermitaño mine and increased mineralization at the Navidad discovery. The company’s net income rose significantly, supported by a 500% increase in net income from operations compared to the previous year. The expansion of the Navidad discovery, facilitated by First Majestic Silver Corp., has enhanced the mineralized area, potentially extending the mine life and cash flow from the Ermitaño royalty, which Orogen will retain post-transaction with Triple Flag Precious Metals.

Orogen Royalties Inc. Releases Audited Financial Statements for 2024 and 2023

Orogen Royalties Inc. has released its consolidated financial statements for the years ending December 31, 2024, and 2023, which have been audited by Smythe LLP. The financial statements show a fair representation of the company’s financial position, performance, and cash flows in accordance with IFRS standards. This release provides stakeholders with a transparent view of the company’s financial health, potentially impacting investor confidence and market positioning.

Triple Flag to Acquire Orogen Royalties for C$421 Million

Triple Flag Precious Metals Corp. has entered into an agreement to acquire Orogen Royalties Inc. for approximately C$421 million. This acquisition includes a 1.0% NSR royalty on the Expanded Silicon Gold Project, a promising asset located in Nevada, operated by AngloGold Ashanti plc. The deal will see Orogen shareholders receiving a combination of cash, Triple Flag shares, and shares in a new company, Orogen Spinco, which will continue to pursue royalty creation and acquisition. This transaction is expected to enhance Triple Flag’s portfolio and strengthen its strategic partnership with Orogen Spinco, potentially leading to new opportunities in the mining sector.

Orogen Royalties Reports Significant Resource Update at Ermitaño Mine

Orogen Royalties has announced an update to the mineral reserves and resources at the Ermitaño gold mine, highlighting a significant increase in the inferred resource category due to the discovery of the Navidad vein. This update includes an initial inferred resource of 2.3 million tonnes, with 5.9 million ounces of silver and 249,000 ounces of gold, indicating substantial growth potential. The Navidad vein system, along with other areas within the Ermitaño mine complex, remains open for further exploration, with plans for extensive drilling in 2025. This development enhances Orogen’s royalty revenue prospects and strengthens its position in the mining industry.

Orogen Royalties Reports Record 2024 Revenue and Expands Gold Resources

Orogen Royalties reported record revenues of $9.9 million for 2024, marking a 22% increase from the previous year, driven by a 34% rise in Ermitaño royalty revenue. The company achieved a preliminary pre-tax net income of $4.3 million, a 126% increase from 2023. The Ermitaño mine, part of the Santa Elena complex, is expected to continue contributing significantly to Orogen’s revenue, with projected royalty earnings between $5.7 million and $6.4 million in 2025. Additionally, the Expanded Silicon project in Nevada saw a 34% increase in inferred gold resources, indicating potential for future growth.