OR Stock Analysis: Osisko Gold Ro | NYSE
Gold | NYSE, USA | Market Cap: 5.475m USD | 12M Return: 7.7% | Charts, Fundamentals & Technical Analysis
Avg Turnover: 28.9M
EPS Trend: 77.2%
Qual. Beats: 1
Rev. Trend: 15.5%
Qual. Beats: 3
Warnings
Tailwinds
No distinct edge detected
Seasonality 10.5 years of data
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.
OR Royalties Inc. (NYSE: OR) is a Canadian mining-focused company that acquires and manages precious metal royalties, streams, and related interests in Canada and internationally. The company was founded in 2014, is headquartered in Montreal, and was renamed from Osisko Gold Royalties Ltd to OR Royalties Inc. in May 2025. It is listed in the GICS Materials sector under the Gold sub-industry, with a mid-cap market capitalization of approximately US$6.7 billion as of its most recent valuation.
The companys primary asset is a 3-5% net smelter return (NSR) royalty on the Canadian Malartic complex in Canada. NSR royalties entitle the holder to a percentage of revenue from mineral production, after deducting smelting, refining, and certain transport costs. In addition to royalties, OR participates in off-take options, royalty/stream financings, and holds exclusive rights to participate in future financings on various projects. It is also engaged in the exploration, evaluation, and development of mining properties targeting gold, silver, copper, and diamond.
Royalty and streaming companies operate under a non-operating business model, providing upfront capital to mining operators in exchange for a share of future production or revenue. This structure allows the company to generate cash flow without the operational risks associated with mine ownership, while typically offering higher margins than traditional mining. Gold royalty companies benefit from rising precious metal prices and increased production volumes at the underlying mining operations.
- Gold price rally lifts Malartic royalty revenue
- Canadian Malartic production expansion drives earnings growth
- New stream and royalty acquisitions accelerate portfolio growth
| Net Income: 245.4m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.08 > 0.02 and ΔFCF/TA 1.12 > 1.0 |
| NWC/Revenue: 25.42% < 20% (prev 27.12%; Δ -1.70% < -1%) |
| CFO/TA 0.16 > 3% & CFO 253.0m > Net Income 245.4m |
| Net Debt (-90.6m) to EBITDA (317.9m): -0.28 < 3 |
| Current Ratio: 4.11 > 1.5 & < 3 |
| Outstanding Shares: last quarter (188.7m) vs 12m ago 0.14% < -2% |
| Gross Margin: 84.65% > 18% (prev 85.19%; Δ -0.53% > 0.5%) |
| Asset Turnover: 20.62% > 50% (prev 14.30%; Δ 6.32% > 0%) |
| Interest Coverage Ratio: 94.71 > 6 (EBIT TTM 280.1m / Interest Expense TTM 2.96m) |
| A: 0.05 (Total Current Assets 103.9m - Total Current Liabilities 25.3m) / Total Assets 1.61b |
| B: -0.14 (Retained Earnings -224.9m / Total Assets 1.61b) |
| C: 0.19 (EBIT TTM 280.1m / Avg Total Assets 1.50b) |
| D: 11.20 (Book Value of Equity 1.48b / Total Liabilities 132.0m) |
| Altman-Z'' = 12.88 = AAA |
| DSRI: 1.31 (Receivables 5.65m/2.77m, Revenue 309.1m/198.5m) |
| GMI: 1.01 (GM 85.19% / 84.65%) |
| AQI: 1.23 (AQ_t 0.19 / AQ_t-1 0.15) |
| SGI: 1.56 (Revenue 309.1m / 198.5m) |
| TATA: -0.00 (NI 245.4m - CFO 253.0m) / TA 1.61b) |
| Beneish M = -2.23 (Cap -4..+1) = BBB |
As of July 28, 2026, the stock is trading at USD 29.54 with a total of 574,344 shares traded. Over the past week, the price has changed by +5.27%, over one month by -7.44%, over three months by -23.89% and over the past year by +7.69%.
Current recommended Stop Loss: 27.80 (which is 5.9% or 1.4 ATR below the current price).
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
| Analysts Target Price | 42.3 | 43% |
P/E Trailing = 21.791
P/E Forward = 22.0751
P/S = 16.831
P/B = 3.6973
Revenue TTM = 309.1m USD
EBIT TTM = 280.1m USD
EBITDA TTM = 317.9m USD
Long Term Debt = 3.44m USD (estimated: total debt 4.65m - short term 1.21m)
Short Term Debt = 1.21m USD (from shortTermDebt, last quarter)
Debt = 4.65m USD (from shortLongTermDebtTotal, last quarter) (leases 4.64m already included)
Net Debt = -90.6m USD (calculated: Debt 4.65m - CCE 95.3m)
Enterprise Value = 5.38b USD (5.47b + Debt 4.65m - CCE 95.3m)
Interest Coverage Ratio = 94.71 (Ebit TTM 280.1m / Interest Expense TTM 2.96m)
EV/FCF = 41.99x (Enterprise Value 5.38b / FCF TTM 128.2m)
FCF Yield = 2.38% (FCF TTM 128.2m / Enterprise Value 5.38b)
FCF Margin = 41.48% (FCF TTM 128.2m / Revenue TTM 309.1m)
Net Margin = 79.37% (Net Income TTM 245.4m / Revenue TTM 309.1m)
Gross Margin = 84.65% ((Revenue TTM 309.1m - Cost of Revenue TTM 47.4m) / Revenue TTM)
Gross Margin QoQ = 86.06% (prev 85.49%)
Tobins Q-Ratio = 3.34 (Enterprise Value 5.38b / Total Assets 1.61b)
Interest Expense / Debt = 63.54% (Interest Expense 2.96m / Debt 4.65m)
Taxrate = 13.90% (39.6m / 284.9m)
NOPAT = 241.2m (EBIT 280.1m * (1 - 13.90%))
Current Ratio = 4.11 (Total Current Assets 103.9m / Total Current Liabilities 25.3m)
Debt / Equity = 0.00 (Debt 4.65m / totalStockholderEquity, last quarter 1.48b)
Debt / EBITDA = -0.28 (Net Debt -90.6m / EBITDA 317.9m)
Debt / FCF = -0.71 (Net Debt -90.6m / FCF TTM 128.2m)
Total Stockholder Equity = 1.40b (last 4 quarters mean from totalStockholderEquity)
RoA = 16.36% (Net Income 245.4m / Total Assets 1.61b)
RoE = 17.56% (Net Income TTM 245.4m / Total Stockholder Equity 1.40b)
RoCE = 19.99% (EBIT 280.1m / Capital Employed (Equity 1.40b + L.T.Debt 3.44m))
RoIC = 15.36% (NOPAT 241.2m / Invested Capital 1.57b)
WACC = 8.66% (E(5.47b)/V(5.48b) * Re(8.67%) + (debt cost/tax rate unavailable))
Discount Rate = 8.67% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 87.90 | Cagr: 0.96%
[DCF] Terminal Value 76.96% ; FCFF base≈115.0m ; Y1≈131.8m ; Y5≈194.0m
[DCF] Fair Price = 15.24 (EV 2.77b - Net Debt -90.6m = Equity 2.86b / Shares 187.5m; r=8.66% [WACC]; 5y FCF grow 15.0% → 2.50% )
EPS Correlation: 77.16 | EPS CAGR: 26.82% | SUE: 1.48 | # QB: 1
Revenue Correlation: 15.46 | Revenue CAGR: 2.26% | SUE: 0.93 | # QB: 3
EPS current Quarter (2026-06-30): EPS=0.32 | Chg30d=-14.72% | Revisions=+0% | Analysts=10
EPS next Quarter (2026-09-30): EPS=0.33 | Chg30d=-16.23% | Revisions=+0% | Analysts=6
EPS current Year (2026-12-31): EPS=1.33 | Chg30d=-10.68% | Revisions=+31% | GrowthEPS=+51.5% | GrowthRev=+46.7%
EPS next Year (2027-12-31): EPS=1.42 | Chg30d=-13.79% | Revisions=+30% | GrowthEPS=+6.8% | GrowthRev=+22.6%
[Analyst] Revisions Ratio: +29% (up=14, down=7)