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Orogen Royalties (OGN) AI Stock Analysis
Orogen Royalties
(TSXV:OGN)
The overall score is driven primarily by Orogen Royalties’ strong financial profile: rapid revenue growth, very high royalty-style margins, minimal debt, and significantly improved profitability and returns on equity support a high-quality, asset-light earnings base. This strength is moderated by the historical volatility in earnings and free cash flow and evidence of prior structural shifts in the asset and equity base, which warrant ongoing monitoring. Technicals currently show weak momentum and elevated volatility rather than a clear bullish trend, and the valuation appears reasonable but not deeply discounted, with no dividend yield to enhance total returns. Together, these factors yield a solid but not top-tier score reflecting attractive fundamentals with notable volatility and stability risks.
Orogen Royalties (OGN) vs. iShares MSCI Canada ETF (EWC)
- Market Cap
- CAD 245.17M
- Dividend Yield
- ―
- Average Volume (3M)
- 22.26K
- Price to Earnings (P/E)
- 18.7
- Beta (1Y)
- 1.92
- Revenue Growth
- 58.33%
- EPS Growth
- ―
- Country
- Canada
- Employees
- 9
- Sector
- General
- Sector Strength
- 55
- Industry
- Gold
Orogen Royalties Business Overview & Revenue Model
Company Description
Orogen Royalties Inc. is a company focused on mineral exploration, with operations spanning Canada, the United States, and Mexico. Its activities are structured across two primary segments: Mineral Royalties and Mineral Exploration Project Generation...
How the Company Makes Money
Orogen Royalties makes money primarily through (1) royalty income and related payments from mineral properties where it holds royalty interests, and (2) consideration received from prospect-generation and property option/joint-venture agreements with...
Orogen Royalties Financial Statement Overview
Summary
Financial performance is very strong, with rapid revenue growth, a sharp shift from prior losses to solid profitability, and exceptionally high margins for a royalty-style business. Net income near 10 million on roughly 16 million of revenue, minimal leverage, and a near-30% TTM return on equity indicate high-quality, asset-light earnings and robust returns on capital. The score is slightly tempered by historically volatile earnings and free cash flow and a past step-down then rebound in equity and assets, which point to some ongoing structural and cash flow stability risks.
Income Statement
94Very PositiveBalance Sheet
88Very PositiveCash Flow
83Very Positive| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 16.07M | 12.64M | 9.35M | 7.83M | 3.78M | 2.08M |
| Gross Profit | 15.98M | 12.56M | 9.27M | 7.74M | 3.65M | 1.89M |
| EBITDA | 9.66M | 6.40M | 4.40M | 3.14M | 841.03K | -1.19M |
| Net Income | 9.59M | 4.56M | 2.59M | 3.04M | 840.18K | -2.83M |
Balance Sheet | ||||||
| Total Assets | 38.79M | 31.92M | 69.76M | 62.59M | 53.11M | 51.67M |
| Cash, Cash Equivalents and Short-Term Investments | 30.23M | 23.59M | 24.23M | 16.93M | 11.37M | 9.12M |
| Total Debt | 156.92K | 187.69K | 256.67K | 191.23K | 235.03K | 229.30K |
| Total Liabilities | 1.55M | 1.51M | 1.65M | 1.01M | 833.21K | 974.57K |
| Stockholders Equity | 37.24M | 30.41M | 68.11M | 61.58M | 52.28M | 50.69M |
Cash Flow | ||||||
| Free Cash Flow | 2.96M | 1.36M | 3.05M | -498.60K | 671.42K | -3.56M |
| Operating Cash Flow | 2.37M | 1.36M | 3.05M | 1.36M | 687.12K | -3.53M |
| Investing Cash Flow | 6.23M | -422.90K | 1.02M | -3.80M | -349.41K | 2.05M |
| Financing Cash Flow | -7.10M | -7.03M | 2.92M | 5.29M | 251.49K | 718.10K |
Orogen Royalties Technical Analysis
Price Trends
Market Momentum
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 4.13 is above the 20-day moving average (MA) of 3.94, below the 50-day MA of 4.50, and above the 200-day MA of 3.75, indicating a neutral trend. The MACD of -0.13 indicates Negative momentum. The RSI at 51.48 is Neutral, neither overbought nor oversold. The STOCH value of 63.19 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for TSE:OGN.
Orogen Royalties Peers Comparison
Overall Rating
TSE:GG80Outperform- TSE:OGN79.3Outperform
TSE:FISH70Outperform
TSE:MJS63Neutral
TSE:XTG55Neutral
TSE:NCAU43Neutral
Financial Indicators
| Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
| TSE:GG | 80Outperform | CAD 231.34M | 11.38 | 34.79% | ― | 95.04% | 247.07% |
| TSE:OGN | 79Outperform | CAD 226.17M | 18.73 | 29.83% | ― | 58.33% | ― |
| TSE:FISH | 70Outperform | CAD 534.74M | 2.81 | 197.04% | 2.50% | 87.76% | ― |
| TSE:MJS | 63Neutral | CAD 113.71M | 8.96 | 4.37% | 6.47% | 22.69% | -20.87% |
| Sector * | 55Neutral | $6.65B | 3.83 | -15.92% | 6.20% | 10.91% | 7.18% |
| TSE:XTG | 55Neutral | CAD 93.11M | 16.58 | 23.88% | ― | ― | 62.95% |
| TSE:NCAU | 43Neutral | CAD 89.12M | -9.79 | -10.51% | ― | ― | -108.87% |
* General Sector Average
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| TSE:OGN | Orogen Royalties Inc. | 4.13 | 2.05 | 98.56% | |
| TSE:GG | Golconda Gold Ltd | 3.39 | 1.63 | 92.61% | |
| TSE:MJS | Majestic Gold | 0.09 | -0.06 | -41.78% | |
| TSE:NCAU | Newcore Gold Ltd. | 0.28 | -0.36 | -55.47% | |
| TSE:XTG | Xtra-Gold Resource | 2.02 | -1.17 | -36.68% | |
| TSE:FISH | Sailfish Royalty | 7.04 | 4.44 | 170.87% |
Orogen Royalties Corporate Events
Orogen Secures Royalty as Northern Discovery Acquires Cibola Copper-Gold Project
PositiveOrogen Royalties has sold a 100% interest in its Cibola copper-gold porphyry project in British Columbia to Northern Discovery Metals in exchange for $130,000 and 700,000 Northern shares, while retaining a 2% net smelter return royalty with a partial...
Orogen Royalties Expands Utah Gold Portfolio With Two New Epithermal Projects
PositiveOrogen Royalties has acquired the Toro de Oro and El Gigante gold projects in southwest Utah, expanding its portfolio of low-sulphidation epithermal targets in underexplored caldera complexes. Both properties, generated in partnership with Triple Fla...
Orogen Royalties Delivers Strong Q2 on Higher Gold Royalties and Cost Cuts
PositiveOrogen Royalties reported a sharp improvement in second-quarter 2026 results, with net income from operations rising to $3.7 million and net comprehensive income hitting $2.4 million, or $0.04 per share, versus a loss a year earlier. Royalty revenue...
Orogen Royalties Secures Uncapped NSR on High-Grade Yukon Silver Project
PositiveOrogen Royalties has acquired a 2% net smelter return royalty on Silver North Resources’ Haldane silver project in Yukon, expanding its exposure to one of the world’s highest-grade silver districts. The uncapped royalty, with no buy-downs...
Orogen Royalties and Aurum Discovery Launch Gold Exploration Alliance in Norway
PositiveOrogen Royalties has formed a two-year generative exploration alliance with Ireland-based Aurum Discovery to identify and advance gold and silver targets in Norway, backed by a €500,000 budget funded by Orogen. The partnership expands Orogen...
Orogen Royalties Shareholders Back All AGM Resolutions as Veteran Director Retires
PositiveShareholders of Orogen Royalties approved all matters put forward at the company’s 2026 annual general meeting, with 18,758,519 shares voted by proxy, representing 31.60% of the company’s outstanding stock. Resolutions confirming the boar...
Orogen Royalties Acquires Arizona Two Peaks Project to Expand Prospect Portfolio
PositiveOrogen Royalties has acquired the Two Peaks CRD and skarn project in southeastern Arizona, an early-stage, road-accessible property in the Laramide porphyry copper belt hosting lead-zinc-silver-manganese replacement and copper skarn targets. The proj...
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.
Date of analysis: Oct 06, 2026