(OR) Osisko Gold Ro - Overview

Sector: Basic Materials | Industry: Gold | Exchange: NYSE (USA) | Market Cap: 7.604m USD | Total Return: 95.6% in 12m

Gold, Silver, Copper, Diamond, Royalty
Total Rating 72
Safety 78
Buy Signal -0.06
Gold
Industry Rotation: -0.4
Market Cap: 7.60B
Avg Turnover: 46.2M USD
ATR: 5.16%
Peers RS (IBD): 17.2
Risk 5d forecast
Volatility48.0%
Rel. Tail Risk-0.40%
Reward TTM
Sharpe Ratio1.80
Alpha82.78
Character TTM
Beta0.557
Beta Downside1.309
Drawdowns 3y
Max DD34.37%
CAGR/Max DD1.03
EPS (Earnings per Share) EPS (Earnings per Share) of OR over the last years for every Quarter: "2021-03": 0.11, "2021-06": 0.12, "2021-09": 0.14, "2021-12": 0.14, "2022-03": 0.01, "2022-06": 0.14, "2022-09": 0.14, "2022-12": 0.19, "2023-03": 0.18, "2023-06": 0.13, "2023-09": 0.12, "2023-12": 0.16, "2024-03": 0.16, "2024-06": 0.18, "2024-09": 0.11, "2024-12": 0.16, "2025-03": 0.22, "2025-06": 0.25, "2025-09": 0.22, "2025-12": 0.34,
EPS CAGR: 156.09%
EPS Trend: 60.2%
Last SUE: 4.00
Qual. Beats: 1
Revenue Revenue of OR over the last years for every Quarter: 2021-03: 66.923, 2021-06: 57.941, 2021-09: 50.035, 2021-12: 50.673, 2022-03: 50.689, 2022-06: 51.545, 2022-09: 53.661, 2022-12: 61.914, 2023-03: 59.587, 2023-06: 60.5, 2023-09: 62.069, 2023-12: 49.166238, 2024-03: 45.047, 2024-06: 47.391, 2024-09: 56.765916, 2024-12: 55.140693, 2025-03: 54.916, 2025-06: 60.364, 2025-09: 71.625, 2025-12: 91.780705,
Rev. CAGR: 17.15%
Rev. Trend: 46.8%
Last SUE: 4.00
Qual. Beats: 2

Warnings

No concerns identified

Tailwinds

Pead

Description: OR Osisko Gold Ro

OR Royalties Inc. (NYSE: OR) acquires and manages precious-metal royalties, streams, and related interests worldwide, with its flagship asset being a 3-5% net smelter return royalty on the Canadian Malartic gold-copper complex. The company also holds off-take options, royalty/stream financing rights, and exclusive participation rights in future financings across a portfolio of gold, silver, copper, and diamond projects.

Founded in 2014 and headquartered in Montreal, OR rebranded from Osisko Gold Royalties Ltd. in May 2025. In its latest quarter (Q4 2025), the firm reported $45 million in royalty revenue and a cash balance of $120 million, supporting a 2.5% dividend yield and a net asset value of approximately $2.1 billion.

Key sector drivers remain strong: the spot price of gold has averaged $2,200 per ounce in 2025-2026, bolstering royalty cash flows, while global demand for copper and silver continues to rise on the back of renewable-energy investments, providing upside potential for OR’s diversified royalty portfolio.

For deeper insights, you might explore ValueRay’s analysis of OR.

Headlines to Watch Out For
  • Gold price fluctuations impact royalty revenue
  • Canadian Malartic production rates affect core asset income
  • Exploration success drives future royalty stream potential
  • Regulatory changes in mining jurisdictions pose risk
Piotroski VR‑10 (Strict) 6.5
Net Income: 207.0m TTM > 0 and > 6% of Revenue
FCF/TA: 0.13 > 0.02 and ΔFCF/TA 6.01 > 1.0
NWC/Revenue: 41.18% < 20% (prev 24.08%; Δ 17.10% < -1%)
CFO/TA 0.16 > 3% & CFO 246.4m > Net Income 207.0m
Net Debt (-133.0m) to EBITDA (284.1m): -0.47 < 3
Current Ratio: 4.53 > 1.5 & < 3
Outstanding Shares: last quarter (189.3m) vs 12m ago 1.37% < -2%
Gross Margin: 83.72% > 18% (prev 0.84%; Δ 8.29k% > 0.5%)
Asset Turnover: 18.90% > 50% (prev 14.83%; Δ 4.07% > 0%)
Interest Coverage Ratio: 55.06 > 6 (EBITDA TTM 284.1m / Interest Expense TTM 4.49m)
Altman Z'' 10.00
A: 0.07 (Total Current Assets 147.3m - Total Current Liabilities 32.5m) / Total Assets 1.57b
B: -0.17 (Retained Earnings -269.5m / Total Assets 1.57b)
C: 0.17 (EBIT TTM 247.0m / Avg Total Assets 1.47b)
D: 9.57 (Book Value of Equity 1.36b / Total Liabilities 142.4m)
Altman-Z'' Score: 11.09 = AAA
Beneish M -2.83
DSRI: 0.76 (Receivables 3.22m/3.11m, Revenue 278.7m/204.3m)
GMI: 1.00 (GM 83.72% / 84.05%)
AQI: 1.26 (AQ_t 0.18 / AQ_t-1 0.14)
SGI: 1.36 (Revenue 278.7m / 204.3m)
TATA: -0.03 (NI 207.0m - CFO 246.4m) / TA 1.57b)
Beneish M-Score: -2.83 (Cap -4..+1) = A
What is the price of OR shares? As of April 10, 2026, the stock is trading at USD 39.65 with a total of 587,766 shares traded.
Over the past week, the price has changed by -1.54%, over one month by -8.54%, over three months by +2.88% and over the past year by +95.57%.
Is OR a buy, sell or hold? Osisko Gold Ro has received a consensus analysts rating of 4.17. Therefore, it is recommended to buy OR.
  • StrongBuy: 4
  • Buy: 6
  • Hold: 2
  • Sell: 0
  • StrongSell: 0
What are the forecasts/targets for the OR price?
Analysts Target Price 51.8 30.5%
Osisko Gold Ro (OR) - Fundamental Data Overview as of 07 April 2026
P/E Trailing = 36.945
P/E Forward = 26.8817
P/S = 27.4162
P/B = 5.2729
Revenue TTM = 278.7m USD
EBIT TTM = 247.0m USD
EBITDA TTM = 284.1m USD
Long Term Debt = 5.00m USD (from capitalLeaseObligations, last quarter)
Short Term Debt = 1.20m USD (from shortTermDebt, last quarter)
Debt = 8.77m USD (from shortLongTermDebtTotal, last quarter)
Net Debt = -133.0m USD (from netDebt column, last quarter)
Enterprise Value = 7.47b USD (7.60b + Debt 8.77m - CCE 141.8m)
Interest Coverage Ratio = 55.06 (Ebit TTM 247.0m / Interest Expense TTM 4.49m)
EV/FCF = 35.64x (Enterprise Value 7.47b / FCF TTM 209.6m)
FCF Yield = 2.81% (FCF TTM 209.6m / Enterprise Value 7.47b)
FCF Margin = 75.22% (FCF TTM 209.6m / Revenue TTM 278.7m)
Net Margin = 74.29% (Net Income TTM 207.0m / Revenue TTM 278.7m)
Gross Margin = 83.72% ((Revenue TTM 278.7m - Cost of Revenue TTM 45.4m) / Revenue TTM)
Gross Margin QoQ = 85.49% (prev 82.51%)
Tobins Q-Ratio = 4.76 (Enterprise Value 7.47b / Total Assets 1.57b)
Interest Expense / Debt = 8.50% (Interest Expense 746k / Debt 8.77m)
Taxrate = 14.54% (11.3m / 77.5m)
NOPAT = 211.1m (EBIT 247.0m * (1 - 14.54%))
Current Ratio = 4.53 (Total Current Assets 147.3m / Total Current Liabilities 32.5m)
Debt / Equity = 0.01 (Debt 8.77m / totalStockholderEquity, last quarter 1.43b)
Debt / EBITDA = -0.47 (Net Debt -133.0m / EBITDA 284.1m)
Debt / FCF = -0.63 (Net Debt -133.0m / FCF TTM 209.6m)
Total Stockholder Equity = 1.47b (last 4 quarters mean from totalStockholderEquity)
RoA = 14.04% (Net Income 207.0m / Total Assets 1.57b)
RoE = 14.10% (Net Income TTM 207.0m / Total Stockholder Equity 1.47b)
RoCE = 16.76% (EBIT 247.0m / Capital Employed (Equity 1.47b + L.T.Debt 5.00m))
RoIC = 15.51% (NOPAT 211.1m / Invested Capital 1.36b)
WACC = 7.94% (E(7.60b)/V(7.61b) * Re(7.94%) + D(8.77m)/V(7.61b) * Rd(8.50%) * (1-Tc(0.15)))
Discount Rate = 7.94% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: 100.0 | Cagr: 1.01%
[DCF] Terminal Value 77.52% ; FCFF base≈166.2m ; Y1≈153.8m ; Y5≈139.6m
[DCF] Fair Price = 14.38 (EV 2.56b - Net Debt -133.0m = Equity 2.70b / Shares 187.5m; r=7.94% [WACC]; 5y FCF grow -9.46% → 3.0% )
EPS Correlation: 60.21 | EPS CAGR: 156.1% | SUE: 4.0 | # QB: 1
Revenue Correlation: 46.75 | Revenue CAGR: 17.15% | SUE: 4.0 | # QB: 2
EPS next Quarter (2026-06-30): EPS=0.40 | Chg7d=+0.013 | Chg30d=+0.026 | Revisions Net=+1 | Analysts=3
EPS current Year (2026-12-31): EPS=1.51 | Chg7d=+0.021 | Chg30d=+0.041 | Revisions Net=-1 | Growth EPS=+71.7% | Growth Revenue=+67.9%
EPS next Year (2027-12-31): EPS=1.69 | Chg7d=+0.050 | Chg30d=+0.097 | Revisions Net=-1 | Growth EPS=+11.9% | Growth Revenue=+10.7%
[Analyst] Revisions Ratio: +0.33 (2 Up / 1 Down within 30d for Next Quarter)
[Growth] Implied Growth Rate = 5.2% (Discount Rate 7.9% - Earnings Yield 2.7%)
[Growth] Growth Spread = -5.2% (Analyst 0.0% - Implied 5.2%)
External Resources
Dataroma Stockcircle