Osisko Gold Royalties (OR) AI Stock Analysis

• Market Cap: $10.07B
• Dividend Yield: 0.5%
• Average Volume (3M): 413.24K
• Price to Earnings (P/E): 91.2
• Beta (1Y): 0.88
• Revenue Growth: 18.24%
• EPS Growth: N/A
• Country: CA
• Employees: 124
• Sector: Basic Materials
• Sector Strength: 58
• Industry: Gold
• EPS (TTM): 0.25
• Shares Outstanding: 188,176,650
• 10 Day Avg. Volume: 470,175
• 30 Day Avg. Volume: 413,244
• PEG Ratio: -1.55
• Price to Book (P/B): 2.84
• Price to Sales (P/S): 12.27
• P/FCF Ratio: 38.99
• Enterprise Value/Market Cap: 0.66
• Enterprise Value/Revenue: 29.75
• Enterprise Value/Gross Profit: 30.89
• Enterprise Value/Ebitda: 35.54
• 1Y Price Target: $46.85
• Price Target Upside: -12.46% Downside
• Rating Consensus: Strong Buy
• Number of Analyst Covering: 9

• Rating: 76 Outperform
• Price Target: C$47.00 ▼(-12.17% Downside)

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.

Positive Factors

Negative Factors

Osisko Gold Royalties Business Overview & Revenue Model

Company Description

OR Royalties, Inc. engages in the acquisition, mining, and exploration of precious metals, streams, and other royalties. It holds interests in the Canadian Malartic mine. The company was founded on April 29, 2014 and is headquartered in Montreal, Canada.

How the Company Makes Money

Osisko Gold Royalties generates revenue primarily through its royalty and streaming agreements. The company earns a percentage of the revenue or production from the mines in which it holds interests, allowing it to benefit from the upside of metal prices without the associated costs of mining operations. Key revenue streams include gold and silver royalties, as well as streaming agreements that provide upfront payments in exchange for future metal deliveries at predetermined prices. Additionally, Osisko has established significant partnerships with various mining companies, enhancing its portfolio and providing a stable income through its diversified asset base. The company's strategic focus on acquiring quality assets in established mining regions further contributes to its earnings potential.

Osisko Gold Royalties Financial Statement Overview

Summary

Osisko Gold Royalties shows strong profitability with high margins and a robust balance sheet with low leverage. However, the negative revenue growth and declining free cash flow growth are potential risks.

Income Statement

Osisko Gold Royalties demonstrates strong profitability with a high gross profit margin of 86.10% and a solid EBIT margin of 60.81% for TTM. However, the company faces challenges with a negative revenue growth rate of -1.75% in the TTM period, indicating a decline in sales. Despite this, the net profit margin has improved significantly to 33.15% from previous periods, showcasing enhanced cost management and profitability.

Balance Sheet

The balance sheet is robust with a low debt-to-equity ratio of 0.032, indicating minimal leverage and strong financial stability. The return on equity is moderate at 6.78%, reflecting efficient use of equity to generate profits. The equity ratio stands at a healthy level, suggesting a strong capital structure with significant equity backing.

Cash Flow

Cash flow analysis reveals a decrease in free cash flow growth by -14.92% in the TTM period, which could be a concern for future investments. However, the operating cash flow to net income ratio is strong at 8.98, indicating robust cash generation relative to net income. The free cash flow to net income ratio is also healthy at 0.56, suggesting good cash conversion.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	222.04M	190.98M	182.79M	162.33M	176.35M	167.35M
Gross Profit	213.84M	184.24M	170.48M	150.35M	146.83M	117.45M
EBITDA	185.89M	161.30M	142.54M	132.06M	129.02M	90.01M
Net Income	79.48M	16.25M	-37.34M	-88.50M	-18.47M	13.22M
Balance Sheet
Total Assets	1.44B	1.39B	1.51B	1.52B	1.89B	1.92B
Cash, Cash Equivalents and Short-Term Investments	49.52M	59.06M	57.16M	67.48M	90.73M	239.72M
Total Debt	41.21M	98.62M	150.49M	115.94M	336.27M	322.58M
Total Liabilities	151.51M	202.43M	268.75M	228.49M	497.72M	475.58M
Stockholders Equity	1.29B	1.19B	1.24B	1.29B	1.28B	1.35B
Cash Flow
Free Cash Flow	87.06M	82.32M	-78.37M	-10.63M	11.85M	-23.43M
Operating Cash Flow	181.31M	152.25M	140.82M	81.94M	83.20M	84.58M
Investing Cash Flow	-108.54M	-72.01M	-165.52M	-284.59M	-213.34M	-174.76M
Financing Cash Flow	-72.46M	-71.27M	10.77M	163.39M	-15.37M	248.21M

Osisko Gold Royalties Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 53.51
• 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:OR, the sentiment is Positive. The current price of 53.51 is above the 20-day moving average (MA) of 49.15, above the 50-day MA of 44.01, and above the 200-day MA of 33.88, indicating a bullish trend. The MACD of 2.51 indicates Negative momentum. The RSI at 76.83 is Negative, neither overbought nor oversold. The STOCH value of 85.40 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for TSE:OR.

Osisko Gold Royalties Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
KNT	78 Outperform	C$4.03B	13.43	35.49%	―	131.16%	648.58%
OR	76 Outperform	$10.07B	91.22	6.27%	0.50%	18.24%	―
SSL	75 Outperform	C$5.01B	104.72	1.00%	0.47%	17.31%	19.28%
OGN	75 Outperform	C$142.46M	31.09	9.43%	―	22.53%	―
ELE	72 Outperform	C$600.36M	92.48	-0.19%	―	131.19%	―
FISH	63 Neutral	C$228.33M	-240.48	1.63%	2.32%	12.51%	-153.16%
Sector *	61 Neutral	$10.43B	7.12	-0.05%	2.87%	2.86%	-36.73%

Osisko Gold Royalties Corporate Events

OR Royalties Announces Q3 2025 Dividend and Reinvestment Plan Details

OR Royalties Inc. has declared a third quarter 2025 dividend of US$0.055 per common share, payable on October 15, 2025, to shareholders recorded by September 30, 2025. The company has also reminded shareholders about its dividend reinvestment plan, which allows Canadian and U.S. residents to reinvest dividends into common shares. The recent corporate name change necessitates re-registration for some non-registered beneficial shareholders to continue participating in the plan, highlighting the importance of consulting financial advisors for tax implications and enrollment procedures.

The most recent analyst rating on (TSE:OR) stock is a Buy with a C$29.00 price target. To see the full list of analyst forecasts on Osisko Gold Royalties stock, see the TSE:OR Stock Forecast page.

OR Royalties Reports Strong Q2 2025 Financial Results and Strategic Acquisitions

OR Royalties Inc. reported a significant 34% increase in cash flows from operating activities in Q2 2025, reaching $51.4 million. The company also achieved revenues of $60.4 million from royalties and streams, and net earnings of $32.4 million. Notable developments include the acquisition of a 100% silver stream on Orla Mining Ltd.’s South Railroad project and the receipt of first royalty payments from Cardinal Namdini Mining and Talisker Resources. The company increased its revolving credit facility to $650 million and extended its maturity date, signaling strong financial positioning. Additionally, OR Royalties declared a 20% increase in its quarterly dividend, reflecting confidence in its future performance.

The most recent analyst rating on (TSE:OR) stock is a Buy with a C$29.00 price target. To see the full list of analyst forecasts on Osisko Gold Royalties stock, see the TSE:OR Stock Forecast page.

OR Royalties Reports Record Q2 2025 Revenue and Cash Margin

OR Royalties Inc. announced its preliminary results for the second quarter of 2025, highlighting record quarterly revenue of $60.4 million and a cash margin of $57.8 million, representing 95.8% of revenues. The company reported a cash position of $49.6 million after significant repayments on its revolving credit facility, with further reductions in debt subsequent to the quarter-end. These results indicate strong financial performance and improved liquidity, reinforcing OR Royalties’ 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.

OR Royalties Expands Portfolio with New Silver Stream Acquisition and Positive Asset Updates

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.