OGG Stock Analysis: Osisko Gold | NYSE

Gold | NYSE, USA | Market Cap: 728m USD | 12M Return: 15.9% | CA68827X1050 | Charts, Fundamentals & Technical Analysis

Gold, Silver, Copper, Lithium
Total Rating 14
Safety 35
Buy Signal -0.85
Gold
Industry Rotation: +60.0
Market Cap: 728M
Avg Turnover: 4.21M
Risk 3d forecast
Volatility64.6%
VaR 5th Pctl10.2%
VaR vs Median-4.05%
Reward TTM
Sharpe Ratio0.38
Rel. Str. IBD12.4
Rel. Str. Peer Group11.5
Character TTM
Beta1.400
Beta Downside1.081
Hurst Exponent0.578
Drawdowns 3y
Max DD68.69%
CAGR/Max DD-0.17
CAGR/Mean DD-0.31
EPS (Earnings per Share) EPS (Earnings per Share) of OGG over the last years for every Quarter: "2021-08": -0.5675, "2021-11": -1.0086, "2022-02": -0.3881, "2022-05": -0.0203, "2022-08": -1.0505, "2022-11": -0.6319, "2023-02": -0.2207, "2023-05": -0.12, "2023-08": -0.0632, "2023-11": -1.2057, "2024-02": -0.0703, "2024-05": -0.2477, "2024-08": -0.2901, "2024-11": -0.093, "2025-02": -0.1905, "2025-05": -0.2502, "2025-08": -0.5815, "2025-11": 0.1856, "2026-02": 0.1411, "2026-05": null,
Qual. Beats: 0
Revenue Revenue of OGG over the last years for every Quarter: 2021-08: null, 2021-11: null, 2022-02: null, 2022-05: null, 2022-08: null, 2022-11: null, 2023-02: null, 2023-05: 64.046, 2023-08: null, 2023-11: null, 2024-02: null, 2024-05: 31.625, 2024-08: null, 2024-11: null, 2025-02: 0, 2025-05: 6.859, 2025-08: 4.409, 2025-11: 24.21, 2026-02: 2.21972, 2026-05: 35.449086,
Rev. CAGR: 5.87%
Rev. Trend: 5.0%
Qual. Beats: 0

Warnings

Strong Share Dilution
High Debt/EBITDA With Thin Interest Coverage
High Debt While Negative Cash Flow
Interest Coverage Ratio Critical
Beneish M-Score Likely Earnings Manipulation
Overextended 3d
Below Sma 200d

Tailwinds

Ep Pivot

Seasonality 11.6 years of data

Jan +0.0% 0
Feb +0.0% 0
Mar +0.0% 0
Apr +0.2% 10
May +0.0% 0
Jun +0.0% 0
Jul +0.0% 0
Aug +0.0% 0
Sep -1.6% 15
Oct +0.0% 0
Nov +0.0% 0
Dec -5.6% 18

How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.

Description: OGG Osisko Gold

Osisko Gold Group Inc. (NYSE: OGG) is a Canadian-based precious metals exploration and development company operating in Canada, Mexico, and the United States. The company holds a diversified commodity focus, exploring for gold, silver, lithium, copper, lead, and zinc deposits. Its flagship asset is the wholly owned Cariboo Gold Project in British Columbia, covering roughly 192,000 hectares across 443 mineral and placer titles. In addition to its mining properties, Osisko maintains a portfolio of marketable securities. Headquartered in Montreal, the company was formerly known as Osisko Development Corp. before rebranding to Osisko Gold Group Inc. in July 2026.

The company operates as a small-cap ($695M USD) player within the gold segment of the Basic Materials sector, and its inclusion of lithium and copper in its exploration targets reflects the broader industry trend of precious metals developers diversifying into battery and energy-transition metals. Operating predominantly in Canada positions Osisko in a tier-one mining jurisdiction, which is generally viewed as favorable for permitting and regulatory stability.

Headlines to Watch Out For
  • Cariboo Gold Project permitting advances toward construction decision
  • Gold price rally boosts Cariboo project economics and valuation
  • Marketable securities portfolio gains support capital allocation flexibility
Piotroski VR-10 (Strict) 1.5
Net Income: -71.3m TTM > 0 and > 6% of Revenue
FCF/TA: -0.10 > 0.02 and ΔFCF/TA 0.86 > 1.0
NWC/Revenue: 944.4% < 20% (prev -943.9%; Δ 1.89k% < -1%)
CFO/TA -0.01 > 3% & CFO -10.6m > Net Income -71.3m
Net Debt/EBITDA: error (EBITDA <= 0)
Current Ratio: 2.37 > 1.5 & < 3
Outstanding Shares: last quarter (311.1m) vs 12m ago 127.7% < -2%
Gross Margin: 59.66% > 18% (prev -11.36%; Δ 71.02% > 0.5%)
Asset Turnover: 3.25% > 50% (prev 0.56%; Δ 2.69% > 0%)
Interest Coverage Ratio: -13.21 > 6 (EBIT TTM -45.9m / Interest Expense TTM 3.47m)
Altman Z'' 1.75
A: 0.24 (Total Current Assets 615.2m - Total Current Liabilities 259.2m) / Total Assets 1.50b
B: -0.47 (Retained Earnings -709.0m / Total Assets 1.50b)
C: -0.04 (EBIT TTM -45.9m / Avg Total Assets 1.16b)
D: 1.90 (Book Value of Equity 983.9m / Total Liabilities 517.6m)
Altman-Z'' = 1.75 = BBB
Beneish M 1.00
DSRI: 0.42 (Receivables 5.35m/1.54m, Revenue 37.7m/4.56m)
GMI: 1.00 (fallback, negative margins)
AQI: 1.73 (AQ_t 0.11 / AQ_t-1 0.07)
SGI: 8.27 (Revenue 37.7m / 4.56m)
TATA: -0.04 (NI -71.3m - CFO -10.6m) / TA 1.50b)
Beneish M = 2.14 (Cap -4..+1) = D
What is the price of OGG shares?

As of August 11, 2026, the stock is trading at USD 2.73 with a total of 1,273,832 shares traded. Over the past week, the price has changed by +18.94%, over one month by +4.65%, over three months by -14.29% and over the past year by +15.88%.

Current recommended Stop Loss: 2.30 (which is 15.8% or 2.9 ATR below the current price).

Is OGG a buy, sell or hold?

Osisko Gold has no consensus analysts rating.

Osisko Gold (OGG) - Fundamental Data Overview as of 02 August 2026
Market Cap USD = 728.3m (728.3m USD * 1.0 USD.USD)
Market Cap CAD = 1.02b (728.3m USD * 1.4063 USD.CAD)
P/E Forward = 23.9808
P/S = 19.322
P/B = 1.0425
Revenue TTM = 37.7m CAD
EBIT TTM = -45.9m CAD
EBITDA TTM = -41.1m CAD
Long Term Debt = 148.7m CAD (from longTermDebt, last quarter)
Short Term Debt = 7.30m CAD (from shortTermDebt, last quarter)
Debt = 157.0m CAD (from shortLongTermDebtTotal, last quarter) + Leases 616k
Net Debt = -438.8m CAD (calculated: Debt 157.0m - CCE 595.8m)
Enterprise Value = 585.3m CAD (1.02b + Debt 157.0m - CCE 595.8m)
Interest Coverage Ratio = -13.21 (Ebit TTM -45.9m / Interest Expense TTM 3.47m)
EV/FCF = -3.89x (Enterprise Value 585.3m / FCF TTM -150.6m)
FCF Yield = -25.74% (FCF TTM -150.6m / Enterprise Value 585.3m)
 FCF Margin = -399.6% (FCF TTM -150.6m / Revenue TTM 37.7m)
 Net Margin = -189.2% (Net Income TTM -71.3m / Revenue TTM 37.7m)
Gross Margin = 59.66% ((Revenue TTM 37.7m - Cost of Revenue TTM 15.2m) / Revenue TTM)
Gross Margin QoQ = 39.16% (prev 71.84%)
Tobins Q-Ratio = 0.39 (Enterprise Value 585.3m / Total Assets 1.50b)
Interest Expense / Debt = 2.21% (Interest Expense 3.47m / Debt 157.0m)
Taxrate = 21.0% (US federal default 21%)
NOPAT = -36.2m (EBIT -45.9m * (1 - 21.00%)) [loss with tax shield]
Current Ratio = 2.37 (Total Current Assets 615.2m / Total Current Liabilities 259.2m)
Debt / Equity = 0.16 (Debt 157.0m / totalStockholderEquity, last quarter 983.9m)
 Debt / EBITDA = 10.66 (negative EBITDA) (Net Debt -438.8m / EBITDA -41.1m)
 Debt / FCF = 2.91 (negative FCF - burning cash) (Net Debt -438.8m / FCF TTM -150.6m)
 Total Stockholder Equity = 674.5m (last 4 quarters mean from totalStockholderEquity)
RoA = -6.15% (Net Income -71.3m / Total Assets 1.50b)
RoE = -10.57% (Net Income TTM -71.3m / Total Stockholder Equity 674.5m)
RoCE = -5.57% (EBIT -45.9m / Capital Employed (Equity 674.5m + L.T.Debt 148.7m))
 RoIC = -2.90% (negative operating profit) (NOPAT -36.2m / Invested Capital 1.25b)
 WACC = 9.75% (E(1.02b)/V(1.18b) * Re(10.98%) + D(157.0m)/V(1.18b) * Rd(2.21%) * (1-Tc(0.21)))
Discount Rate = 10.98% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 86.61 | Cagr: 80.85%
 [DCF] Fair Price = unknown (Cash Flow -150.6m)
 EPS Correlation: N/A | EPS CAGR: N/A | SUE: N/A | # QB: 0
Revenue Correlation: 4.95 | Revenue CAGR: 5.87% | SUE: N/A | # QB: 0
EPS current Year (2026-12-31): EPS=0.00 | Chg30d=N/A | Revisions=N/A | GrowthEPS=+0.0% | GrowthRev=-93.8%
EPS next Year (2027-12-31): EPS=0.00 | Chg30d=N/A | Revisions=N/A | GrowthEPS=+0.0% | GrowthRev=-100.0%