Osisko Gold Royalties (OR) AI Stock Analysis

• Market Cap: $7.85B
• Dividend Yield: 0.64%
• Average Volume (3M): 319.65K
• Price to Earnings (P/E): 71.4
• Beta (1Y): 0.84
• 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: 187,466,950
• 10 Day Avg. Volume: 358,996
• 30 Day Avg. Volume: 319,651
• PEG Ratio: N/A
• Price to Book (P/B): 0.00
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 0.00
• Enterprise Value/Market Cap: 0.84
• Enterprise Value/Revenue: 25.77
• Enterprise Value/Gross Profit: 32.38
• Enterprise Value/Ebitda: 55.51
• 1Y Price Target: $44.26
• Price Target Upside: 4.84% Upside
• Rating Consensus: Strong Buy
• Number of Analyst Covering: 10

• Rating: 68 Neutral
• Price Target: C$44.00 ▲(4.22% Upside)

Osisko Gold Royalties' overall stock score is driven by strong corporate events and positive earnings call outcomes, indicating strategic progress and financial improvements. However, the high P/E ratio suggests overvaluation, and financial performance shows mixed results with challenges in revenue stability. Technical analysis supports a bullish trend, but caution is advised due to potential overbought conditions.

Positive Factors

Financial Stability

The quarterly dividend was increased by 20%, signaling confidence in the company's financial stability.

Liquidity

Osisko ended the quarter with $63.1M in cash, reflecting strong liquidity and financial management.

Negative Factors

Development Risk

Development risk exposure remains a concern for Osisko.

Earnings

Osisko reported Q1/25 GEO results that were a bit below expectations.

Osisko Gold Royalties Business Overview & Revenue Model

Company Description

Osisko Gold Royalties (OR) is a Canadian precious metals royalty and streaming company based in Montreal, Quebec. Established in 2014, the company primarily focuses on acquiring and managing royalties, streams, and other interests in mining projects, particularly in the gold sector. Osisko's portfolio includes a diverse range of assets across North America, allowing it to capitalize on the growth and profitability of mining operations without the direct costs associated with mining production.

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 mixed financial performance. The income statement indicates volatility in revenue and profitability challenges, but the balance sheet is strong with low leverage. Cash flow improvements are noted, though past inconsistencies remain a concern.

Income Statement

The company's revenue has shown volatility, with a noticeable decline in 2024 compared to previous years. This has impacted the gross profit margin, which remains relatively high at 96.47% for 2024. However, the net profit margin improved to 8.51% from a significant loss in the previous year, indicating better cost management. Despite these improvements, the revenue growth rate is negative, and EBIT margin has decreased, signaling challenges in maintaining profitability.

Balance Sheet

The balance sheet is robust with a low debt-to-equity ratio of 0.08 and a high equity ratio of 86.32%, indicating financial stability and low leverage. The return on equity has improved to 1.37%, reflecting slight profitability improvements. Overall, the company maintains strong equity positions, but low ROE could be a concern for future growth prospects.

Cash Flow

The company has a strong operating cash flow, significantly higher than net income, which is a positive indicator of cash generation capability. The free cash flow turned positive in 2024 from a negative position in the previous year, showing improved financial health. However, the free cash flow growth rate is not favorable due to previous negative values, and this could signal inconsistent cash management.

Breakdown	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	191.16M	247.32M	217.81M	224.88M	213.63M
Gross Profit	181.47M	173.06M	150.38M	138.87M	104.33M
EBITDA	139.33M	33.55M	189.74M	178.06M	107.83M
Net Income	16.27M	-48.34M	85.28M	-56.67M	16.88M
Balance Sheet
Total Assets	1.38B	2.01B	2.00B	2.37B	2.40B
Cash, Cash Equivalents and Short-Term Investments	84.96M	75.92M	90.55M	115.70M	306.02M
Total Debt	98.68M	199.88M	155.57M	428.80M	411.80M
Total Liabilities	188.68M	356.94M	259.09M	590.56M	556.07M
Stockholders Equity	1.19B	1.65B	1.74B	1.63B	1.73B
Cash Flow
Free Cash Flow	86.48M	-104.08M	-14.26M	-170.14M	-29.91M
Operating Cash Flow	159.93M	187.03M	109.95M	106.09M	107.98M
Investing Cash Flow	-75.64M	-219.84M	-381.86M	-272.04M	-223.10M
Financing Cash Flow	-74.87M	14.31M	219.24M	-19.60M	316.86M

Osisko Gold Royalties Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 42.22
• 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 42.22 is above the 20-day moving average (MA) of 38.93, above the 50-day MA of 36.99, and above the 200-day MA of 30.73, indicating a bullish trend. The MACD of 1.39 indicates Negative momentum. The RSI at 76.78 is Negative, neither overbought nor oversold. The STOCH value of 95.24 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
OGN	82 Outperform	C$105.66M	23.06	5.89%	―	33.96%	38.35%
KNT	78 Outperform	C$3.59B	12.02	45.10%	―	131.16%	648.58%
SSL	77 Outperform	$4.20B	87.81	2.41%	0.55%	17.31%	19.28%
ELE	71 Outperform	C$491.53M	81.63	2.36%	―	109.11%	―
OR	68 Neutral	$7.85B	71.38	6.27%	0.64%	18.24%	―
FISH	60 Neutral	C$173.55M	389.83	2.86%	3.04%	56.49%	―
Sector *	56 Neutral	£2.50B	6.13	-0.23%	47.33%	9.88%	5.42%

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.