Osisko Gold Royalties (OR) AI Stock Analysis

• Market Cap: C$5.94B
• Dividend Yield: 0.81%
• Average Volume (3M): 402.02K
• Price to Earnings (P/E): 266.6
• Beta (1Y): 0.92
• Revenue Growth: 6.02%
• EPS Growth: N/A
• Country: CA
• Employees: 124
• Sector: Basic Materials
• Sector Strength: 59
• Industry: Gold
• EPS (TTM): 0.12
• Shares Outstanding: 186,229,190
• 10 Day Avg. Volume: 421,403
• 30 Day Avg. Volume: 402,021
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): 0.00
• Price to Cash Flow (P/CF): 0.00
• P/FCF Ratio: 0.00
• 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: C$34.40
• Price Target Upside: 7.87% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 10

Osisko Gold Royalties demonstrates a stable, yet mixed investment profile. Key strengths include a robust balance sheet and positive technical indicators, indicating upward momentum. However, valuation concerns and challenges in revenue growth temper the outlook. Recent corporate developments and a positive earnings call suggest strategic growth, but areas like cash management require attention.

Positive Factors

Asset Quality

Osisko Gold Royalties has a number of quality, long-life portfolio royalties and streams on assets that are generally seen as low cost and in stable jurisdictions.

Cash Position

Osisko indicated its cash balance as at quarter-end was ~$85.0M, reflecting significant transactions like the Dalgaranga royalty acquisitions.

Financial Health

Osisko has ample capacity to execute on new transactions, or otherwise be debt-free with available capacity of $414.9M plus an uncommitted accordion of up to $200.0M.

Negative Factors

Development Risk

Development risk exposure remains a concern.

Earnings

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

Revenue Performance

Overall, revenues for Q1/25 were $54.9M while cost of sales, excluding depletion, was $1.6M. Relative to analyst expectations, it appears certain streams were a bit weaker.

Osisko Gold Royalties Business Overview & Revenue Model

Company Description

Osisko Gold Royalties Ltd (OR) is a Canadian-based precious metals royalty and streaming company headquartered in Montreal, Quebec. Founded in 2014, Osisko focuses primarily on gold, but also has interests in silver, copper, and other metals. The company operates by acquiring and managing a portfolio of royalties, streams, and other interests, providing it exposure to a wide range of mineral projects. Osisko's strategic investments in mining assets aim to generate long-term, sustainable cash flows and deliver value to its shareholders.

How the Company Makes Money

Osisko Gold Royalties makes money through a royalty and streaming business model. In this model, the company provides upfront capital to mining companies for the development and production of mining projects in exchange for royalties or streams on future production. Royalties are a percentage of revenue or net smelter return from mineral production, while streams are agreements where Osisko purchases a portion of the produced metal at a fixed price. This model allows Osisko to benefit from the production without bearing the operational risks associated with mining. The company's revenue streams are diversified across a broad portfolio of assets, which include both operating and development-stage mines, ensuring a steady flow of income. Strategic partnerships with mining operators and investments in high-quality projects are significant factors that enhance Osisko's earnings potential.

Osisko Gold Royalties Financial Statement Overview

Summary

Osisko Gold Royalties shows a mixed financial picture with modest revenue growth and strong gross profit margins. However, consistent net losses and fluctuating EBIT margins present operational challenges. The balance sheet is stable with low leverage, but profitability remains a concern. Recent cash flow improvements provide optimism, although historical performance has been inconsistent.

Income Statement

The company has shown a modest revenue growth over the years with a slight increase in the latest TTM. Gross profit margin has remained relatively strong, but net profit margin continues to be negative due to significant net income losses. EBIT and EBITDA margins have been inconsistent, reflecting operational challenges.

Balance Sheet

Osisko Gold Royalties has maintained a strong equity base with a relatively low debt-to-equity ratio, indicating financial stability. However, the return on equity is negatively impacted by consistent net losses. The equity ratio remains robust, reflecting a solid financial position despite some liabilities.

Cash Flow

The cash flow situation shows improvement in the TTM with positive free cash flow, but historical free cash flow has been negative. The operating cash flow to net income ratio suggests strong cash generation relative to reported net losses, indicating potential for future financial recovery.

Breakdown
Dec 2023	Dec 2022	Dec 2021	Dec 2020	Dec 2019
Income Statement		Total Revenue
247.32M	217.81M	224.88M	213.63M	392.60M
	Gross Profit
173.06M	150.38M	138.87M	104.33M	82.71M
	EBIT
98.06M	122.97M	92.30M	64.60M	35.14M
	EBITDA
33.55M	189.74M	178.06M	107.83M	-180.57M
	Net Income Common Stockholders
-48.34M	85.28M	-56.67M	16.88M	-234.19M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
75.92M	90.55M	115.70M	306.02M	128.93M
	Total Assets
2.01B	2.00B	2.37B	2.40B	1.95B
	Total Debt
199.88M	155.57M	428.80M	411.80M	349.04M
	Net Debt
132.16M	65.02M	313.10M	109.27M	240.82M
	Total Liabilities
356.94M	259.09M	590.56M	556.07M	453.81M
	Stockholders Equity
1.65B	1.74B	1.63B	1.73B	1.49B
Cash Flow		Free Cash Flow
-104.08M	-14.26M	-170.14M	-29.91M	7.46M
	Operating Cash Flow
187.03M	109.95M	106.09M	107.98M	91.60M
	Investing Cash Flow
-219.84M	-381.86M	-272.04M	-223.10M	7.56M
	Financing Cash Flow
14.31M	219.24M	-19.60M	316.86M	-161.91M

Osisko Gold Royalties Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 31.89
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

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 31.89 is above the 20-day moving average (MA) of 31.34, above the 50-day MA of 29.34, and above the 200-day MA of 26.80, indicating a bullish trend. The MACD of 0.91 indicates Positive momentum. The RSI at 56.09 is Neutral, neither overbought nor oversold. The STOCH value of 63.87 is Neutral, 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
K	80 Outperform	C$23.91B	18.37	14.66%	0.87%	23.38%	131.87%
WPM	79 Outperform	$50.67B	69.86	7.43%	0.78%	28.41%	-0.59%
FNV	74 Outperform	$43.84B	57.91	9.38%	0.89%	-7.22%	―
OR	70 Outperform	C$5.94B	266.64	1.33%	0.81%	6.02%	―
SSL	68 Neutral	$3.23B	167.17	1.00%	0.68%	-0.35%	-65.11%
EQX	66 Neutral	$3.95B	9.64	9.23%	―	41.78%	619.60%
Sector *	49 Neutral	$1.95B	-1.37	-21.20%	3.73%	0.84%	-29.84%

Osisko Gold Royalties Corporate Events

Proxy Advisory Firms Endorse Osisko’s Proposed Resolutions

Osisko Gold Royalties Ltd announced that leading independent proxy advisory firms, ISS and Glass Lewis, have recommended shareholders vote in favor of all proposed resolutions at the upcoming Annual and Special Meeting. This endorsement could positively impact the company’s governance and shareholder relations, reinforcing Osisko’s strategic positioning within the precious metals industry.

Spark’s Take on TSE:OR Stock

According to Spark, TipRanks’ AI Analyst, TSE:OR is a Neutral.

Osisko Gold Royalties presents a stable but mixed investment opportunity. The company’s strong balance sheet and positive earnings call sentiment are significant strengths. However, valuation concerns due to a high P/E ratio and modest dividend yield present risks. Positive technical indicators support investor confidence, but challenges in revenue growth and cash management highlight areas needing improvement.

To see Spark’s full report on TSE:OR stock, click here.

Osisko Gold Royalties Unveils 2024 Sustainability Report, Highlighting ESG Progress

Osisko Gold Royalties Ltd has released its 2024 Sustainability Report titled ‘Growing Responsibly,’ which marks the fifth edition of its ESG initiatives and key performance metrics. The report highlights the company’s advancements in climate strategy, community investments, governance, and employee engagement, including the implementation of a 2024-2027 climate strategy, achieving Board gender diversity targets, and earning the Great Place to Work certification. These efforts reflect Osisko’s commitment to responsible growth and long-term value creation, enhancing its industry positioning and stakeholder relations.

Spark’s Take on TSE:OR Stock

According to Spark, TipRanks’ AI Analyst, TSE:OR is a Outperform.

Osisko Gold Royalties presents a stable but mixed investment opportunity. The company’s strong balance sheet and record revenues are significant strengths, while valuation concerns due to a high P/E ratio and modest dividend yield present risks. The upward price momentum supports investor confidence, while recent corporate events and positive earnings call sentiment indicate ongoing strategic growth. However, challenges in revenue growth and cash management inconsistencies highlight areas needing improvement.

To see Spark’s full report on TSE:OR stock, click here.

Osisko Gold Royalties Files 2024 Year-End Disclosure Documents

Osisko Gold Royalties Ltd has filed its 2024 year-end disclosure documents, including the Annual Information Form, Consolidated Annual Financial Statements, and Management’s Discussion and Analysis with Canadian securities regulatory authorities. Additionally, the company has submitted its Annual Report on Form 40-F to the U.S. Securities and Exchange Commission. This filing is a routine part of Osisko’s regulatory compliance, ensuring transparency and providing stakeholders with essential financial and operational information.

Osisko Gold Royalties Declares Q1 2025 Dividend and Highlights Reinvestment Plan

Osisko Gold Royalties Ltd announced a first quarter 2025 dividend of C$0.065 per common share, payable on April 15, 2025, to shareholders of record as of March 31, 2025. The company also highlighted its dividend reinvestment plan available to Canadian and U.S. shareholders, offering an opportunity to reinvest dividends into additional shares, potentially influencing shareholder value and engagement.

Osisko Gold Royalties Achieves Record 2024 Financial Results and Expands Global Portfolio

Osisko Gold Royalties announced record financial results for 2024, with revenues of $191.2 million and operating cash flows of $159.9 million, demonstrating significant financial growth and stability. Notable activities include major investments in new projects, expanded streams, and royalties, alongside strategic board appointments, underscoring its robust industry positioning and commitment to enhancing shareholder value.