Overview
Osisko Gold Royalties Ltd is a Canadian-based company primarily engaged in the acquisition and management of precious metal and other royalties and streams. The company's operations focus on providing investors with exposure to the cash flow generated from its diversified portfolio of royalties, which includes key projects on mining properties predominantly in North America. Important projects in Osisko Gold Royalties' portfolio include the Canadian Malartic mine and the Éléonore mine, located in Quebec, illustrating its significant focus on gold and silver assets. With a business model centered around securing stable and long-term royalty interests, Osisko Gold Royalties Ltd strategically positions itself within the mining sector to leverage the financial benefits of production without bearing the operational costs of mining enterprises.
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Basic Stats
The share price of OR Royalties Inc. as of September 5, 2025 is $34.42 / share. This is an increase of 7.03% from the prior week. The market cap (or net worth) of OR Royalties Inc. as of September 5, 2025 is $6,476.13 MM.
The Factor Analysis chart (below right) shows a view of OR Royalties Inc. from a variety of lenses. Each factor shows how well the company ranks against all other companies in the Fintel global investing universe. Factor scores range from zero to 100, with 100 being most desirable, and 50 being average.
For example, a company with a Value Score of 100 would be the most undervalued company in our database. A company with a Value Score of zero would be the most overvalued.
| Market Cap | 6,476.13 MM |
| EV | 6,462.16 MM |
| Shares Out. | 188.15 MM |
| Earnings Date | |
| EPS (TTM) | 0.42 |
| Dividend Yield | 0.70 % |
| Ex-Dividend Date | 2025-09-29 |
| Borrow Rate | 0.36 |
| Short Shares Avail. | 2.30 MM |
| Short Interest | 3.47 MM |
| Short Float | 2.12 % |
| Days to Cover | 3.30 days |
| Risk Free Rate | 4.17 % |
| Price Change (1 yr) | 104.64 % |
| Volatility (1 yr) | 0.31 |
| Beta | 0.55 |
| Sharpe Ratio (1 yr) | 3.22 |
| Sortino Ratio (1 yr) | 5.63 |
| PE Ratio | 82.49 |
| Price/Book | 5.02 |
| Price/TBV | 5.36 |
| Book/Market | 0.20 |
| EBIT/EV | 0.02 |
| EBIT(3yr avg)/EV | 0.01 |
| ROA | 0.04 |
| ROE | 0.05 |
| ROIC | 0.06 |
| CROIC | 0.00 |
| OCROIC | 0.14 |
| Implied Volatility | 34.46 % |
| Put/Call OI Ratio | 0.24 |
Factor Scores range from 0 to 100, with 100 being most desirable. Larger circles are better. In situations where we have no data (e.g. no insider trades), we plot the score at 50 to avoid penalizing companies. However, a company that does not pay dividends will get a Dividend Score of Zero. Additionally, we inverted volatility to create a "stability" metric which is better when higher.
Price Target
The average one-year price target for OR Royalties Inc. is $30.57. The forecasts range from a low of $22.58 to a high of $43.16. A stock’s price target is the price at which analysts consider it fairly valued with respect to its projected earnings and historical earnings. Analysts typically set price targets that correspond to their buy or sell recommendations.
Update Frequency: Monthly
Stock Upgrades/Downgrades
This card shows analyst upgrades/downgrades for OR Royalties Inc.. An analyst rating is a classification that gives investors a sense of analyst sentiment about the direction and performance of an equity - usually a stock - over a period of time, typically 12 months.
The standard analyst ratings are generally as follows:
- Buy/Overweight/Outperform - Any of these ratings conveys an analyst’s belief that the stock is likely to outperform a market index (e.g. the S&P 500).
- Hold/Equal-Weight/Market Perform - Any of these ratings conveys an analyst’s belief that the stock is likely to perform in line with a market index.
- Sell/Underweight/Underperform - Any of these ratings suggest that an analyst believes the stock is likely to underperform a market index.
When an analyst upgrades a stock, they are signaling that the company’s fundamentals are being undervalued by investors. It could also mean they believe the market is underestimating the company’s potential. The opposite is true when a stock receives a downgrade.
The average rating of each individual analyst’s rating is the consensus rating for a stock. This gives investors a broader sense of the overall sentiment for that stock.
| Date | Analyst | Prior | Latest Recommendation |
Action |
|---|---|---|---|---|
| 2023-12-14 | HAYWOOD SECURITIES INC. | Buy | Buy | Maintains |
| 2023-12-14 | RAYMOND JAMES LTD. | Outperform | Outperform | Maintains |
| 2023-12-13 | NATIONAL BANK FINANCIAL | Outperform | Outperform | Maintains |
| 2023-11-28 | TD SECURITIES | Buy | Buy | Maintains |
| 2023-11-20 | STIFEL CANADA | Buy | Buy | Maintains |
| 2023-11-15 | CIBC CAPITAL MARKETS | Outperform | Outperform | Maintains |
| 2023-11-10 | CORMARK SECURITIES INC. | Buy | Buy | Maintains |
| 2023-08-18 | STIFEL CANADA | Buy | Buy | Maintains |
| 2023-08-17 | STIFEL CANADA | Buy | Buy | Maintains |
| 2023-08-11 | CORMARK SECURITIES INC. | Buy | Buy | Maintains |
| 2023-08-10 | CORMARK SECURITIES INC. | Buy | Buy | Maintains |
| 2023-08-10 | HAYWOOD SECURITIES INC. | Buy | Buy | Maintains |
| 2023-08-10 | CIBC CAPITAL MARKETS | Outperform | Outperform | Maintains |
| 2023-08-10 | RAYMOND JAMES LTD. | Outperform | Outperform | Maintains |
| 2023-08-10 | TD SECURITIES | Buy | Buy | Maintains |
| 2023-08-10 | IA CAPITAL MARKETS | Strong Buy | Strong Buy | Maintains |
| 2023-08-09 | HAYWOOD SECURITIES INC. | Buy | Buy | Maintains |
| 2023-08-09 | CIBC CAPITAL MARKETS | Outperform | Outperform | Maintains |
| 2023-08-09 | RAYMOND JAMES LTD. | Outperform | Outperform | Maintains |
| 2023-08-09 | TD SECURITIES | Buy | Buy | Maintains |
| 2023-08-09 | IA CAPITAL MARKETS | Strong Buy | Strong Buy | Maintains |
| 2023-08-09 | NATIONAL BANK FINANCIAL | Outperform | Outperform | Maintains |
| 2023-08-08 | NATIONAL BANK FINANCIAL | Outperform | Outperform | Maintains |
| 2023-06-06 | NATIONAL BANK FINANCIAL | Outperform | Outperform | Maintains |
| 2023-06-06 | RAYMOND JAMES LTD. | Outperform | Outperform | Maintains |
| 2023-06-05 | NATIONAL BANK FINANCIAL | Outperform | Outperform | Maintains |
| 2023-06-05 | RAYMOND JAMES LTD. | Outperform | Outperform | Maintains |
| 2023-05-19 | STIFEL CANADA | Buy | Buy | Maintains |
| 2023-05-18 | STIFEL CANADA | Buy | Buy | Maintains |
| 2023-05-12 | CORMARK SECURITIES INC. | Buy | Buy | Maintains |
| 2023-05-12 | TD SECURITIES | Buy | Buy | Maintains |
| 2023-05-11 | CORMARK SECURITIES INC. | Buy | Buy | Maintains |
| 2023-05-11 | TD SECURITIES | Buy | Buy | Maintains |
| 2023-05-11 | CIBC CAPITAL MARKETS | Outperform | Outperform | Maintains |
| 2023-05-11 | IA CAPITAL MARKETS | Strong Buy | Strong Buy | Maintains |
| 2023-05-10 | CIBC CAPITAL MARKETS | Outperform | Outperform | Maintains |
| 2023-05-10 | IA CAPITAL MARKETS | Strong Buy | Strong Buy | Maintains |
| 2023-04-16 | CIBC CAPITAL MARKETS | Outperform | Outperform | Maintains |
| 2023-04-10 | STIFEL CANADA | Buy | Buy | Maintains |
| 2023-04-10 | CORMARK SECURITIES INC. | Buy | Buy | Maintains |
| 2023-04-06 | NATIONAL BANK FINANCIAL | Outperform | Outperform | Maintains |
| 2023-04-05 | TD SECURITIES | Buy | Buy | Maintains |
| 2023-03-14 | IA CAPITAL MARKETS | Strong Buy | Strong Buy | Maintains |
| 2023-02-27 | HAYWOOD SECURITIES INC. | Buy | Buy | Maintains |
| 2023-02-26 | HAYWOOD SECURITIES INC. | Buy | Buy | Maintains |
| 2023-02-24 | RAYMOND JAMES LTD. | Outperform | Outperform | Maintains |
| 2023-01-30 | SCOTIABANK GBM | Outperform | Outperform | Maintains |
| 2023-01-29 | SCOTIABANK GBM | Outperform | Outperform | Maintains |
| 2022-11-10 | Scotiabank Capital | Outperform | Maintains | |
| 2022-10-12 | Scotiabank Capital | Outperform | Maintains | |
| 2022-09-16 | STA Research | Buy | Maintains | |
| 2022-08-17 | BMO Financial | Outperfom | Initiate | |
| 2022-08-10 | Scotiabank Capital | Outperform | Maintains | |
| 2022-05-13 | Scotiabank Capital | Outperform | Maintains | |
| 2022-04-22 | STA Research | Hold | Maintains | |
| 2022-04-13 | Scotiabank Capital | Outperform | Maintains | |
| 2022-04-07 | National Bank of Canada Financial | Outperform | Maintains | |
| 2022-04-05 | STA Research | Hold | Initiate | |
| 2022-04-04 | Raymond James Capital | Outperform | Initiate | |
| 2022-03-24 | CIBC Capital Markets | Outperform | Maintains | |
| 2022-03-17 | TD SECURITIES | Buy | Buy | Maintains |
| 2022-03-17 | NATIONAL BANK FINANCIAL | Outperform | Outperform | Maintains |
| 2022-03-16 | NATIONAL BANK FINANCIAL | Outperform | Outperform | Maintains |
| 2022-03-16 | TD SECURITIES | Buy | Buy | Maintains |
| 2022-02-25 | IA CAPITAL MARKETS | Strong Buy | Strong Buy | Maintains |
| 2022-02-25 | Scotiabank Capital | Outperform | Initiate | |
| 2022-02-24 | IA CAPITAL MARKETS | Strong Buy | Strong Buy | Maintains |
| 2022-01-26 | Raymond James Financial | Outperform | Initiate | |
| 2021-11-11 | RaymondJamesFinancial | Outperform | Initiate | |
| 2021-08-20 | Canaccord Genuity | Buy | Initiate | |
| 2021-08-10 | CIBC World Markets | Outperform | Maintains | |
| 2021-08-10 | RBC Capital | Outperform | Maintains | |
| 2021-07-14 | CIBC World Markets | Outperform | Maintains | |
| 2021-04-13 | Raymond James Financial | Outperform | Initiate | |
| 2021-03-22 | Raymond James Financial | Outperform | Initiate | |
| 2021-03-01 | BMO Capital Markets | Outperform | Maintains | |
| 2021-02-25 | BMO Capital Markets | 21 | 20 | Downgrade |
| 2021-02-12 | Sbank | 25 | 27.5 | Upgrade |
| 2021-02-08 | CIBC World Markets | 21 | 19.5 | Downgrade |
| 2021-01-15 | Cormark Securities | 20 | 25 | Upgrade |
| 2021-01-11 | Sbank | 24 | 25 | Upgrade |
| 2020-12-02 | Raymond James Financial | Outperform | Initiate | |
| 2020-11-11 | CIBC World Markets | Neutral | Outperform | Upgrade |
| 2020-11-10 | Eight Capital | 19 | 25 | Upgrade |
| 2020-11-02 | BMO Capital Markets | 20 | 21 | Upgrade |
| 2020-11-02 | TD Securities | Hold | Buy | Upgrade |
| 2020-10-30 | National Bank Financial | Outperform | Initiate | |
| 2020-09-11 | National Bank Financial | 21 | 22 | Upgrade |
| 2020-07-22 | CIBC World Markets | 14.5 | 16 | Upgrade |
| 2020-07-20 | Eight Capital | 18 | 19 | Upgrade |
| 2020-07-09 | Haywood Securities | 19.75 | 22.25 | Upgrade |
| 2020-05-17 | RBC Capital | Sector Perform | Outperform | Upgrade |
| 2020-05-01 | Raymond James Financial | Outperform | Initiate | |
| 2020-04-23 | CIBC World Markets | 15.25 | 14.5 | Downgrade |
| 2020-04-21 | Eight Capital | 18.5 | 18 | Downgrade |
| 2020-03-18 | Canaccord Genuity | 17 | 16 | Downgrade |
| 2020-01-28 | National Bank Financial | Sector Perform | Outperform | Upgrade |
| 2020-01-28 | National Bank of Canada | Sector Perform | Outperform | Upgrade |
| 2020-01-15 | Canaccord Genuity | 18 | 17 | Downgrade |
| 2019-11-22 | National Bank Financial | Sector Perform | Initiate | |
| 2019-11-08 | Raymond James Financial | Outperform | Initiate | |
| 2019-11-05 | CIBC World Markets | Outperform | Neutral | Downgrade |
| 2019-09-24 | RBC Capital | Outperform | Sector Perform | Downgrade |
| 2019-09-23 | National Bank Financial | Sector Perform | Initiate | |
| 2019-09-11 | BMO Capital Markets | 17.5 | 19 | Upgrade |
| 2019-09-10 | Cormark Securities | 17 | 19.25 | Upgrade |
| 2019-09-04 | Raymond James Financial | Outperform | Initiate | |
| 2019-08-08 | Eight Capital | 13.25 | 18.5 | Upgrade |
| 2019-08-02 | Raymond James Financial | Outperform | Initiate | |
| 2019-07-19 | Canaccord Genuity | 18 | 18.5 | Upgrade |
| 2019-07-15 | CIBC World Markets | 18 | 18.5 | Upgrade |
| 2019-07-12 | National Bank Financial | Sector Perform | Initiate | |
| 2019-06-25 | National Bank Financial | Sector Perform | Initiate | |
| 2019-05-03 | Raymond James Financial | Outperform | Initiate | |
| 2019-04-29 | BMO Capital | Market Perform | Outperform | Upgrade |
| 2019-04-12 | Desjardins | Buy | Hold | Downgrade |
| 2019-02-22 | TD Securities | 15 | 17.5 | Upgrade |
| 2019-02-22 | Raymond James Financial | Outperform | Initiate | |
| 2019-02-21 | Eight Capital | 13 | 13.25 | Upgrade |
| 2019-01-21 | CIBC World Markets | 17 | 18 | Upgrade |
| 2019-01-18 | Raymond James Financial | 16.5 | 16 | Downgrade |
| 2018-12-20 | Raymond James Financial | Outperform | Initiate | |
| 2018-11-07 | Eight Capital | 15.5 | 12.15 | Downgrade |
| 2018-10-18 | Canaccord Genuity | 19 | 17.5 | Downgrade |
| 2018-07-14 | National Bank Financial | 16 | 15 | Downgrade |
| 2018-05-04 | Canaccord Genuity | 22 | 20 | Downgrade |
| 2018-03-09 | Eight Capital | 15.25 | 15.5 | Upgrade |
| 2018-02-21 | TD Securities | Hold | Buy | Upgrade |
| 2018-02-21 | Eight Capital | 17.6 | 15.25 | Downgrade |
| 2017-11-13 | Canaccord Genuity | 21.5 | 22 | Upgrade |
| 2017-06-15 | Raymond James Financial | Outperform | Maintains | |
| 2017-06-15 | Raymond James | Outperform | Initiate | |
| 2017-06-07 | Sbank | Outperform | Maintains | |
| 2017-06-06 | TD Securities | Buy | Hold | Downgrade |
| 2017-06-06 | Canaccord Genuity | Buy | Maintains | |
| 2017-05-24 | BMO Capital Markets | Outperform | Maintains | |
| 2017-05-09 | RBC Capital | Outperform | Maintains | |
| 2017-04-06 | Canaccord Genuity | Buy | Maintains | |
| 2017-03-16 | Sbank | Outperform | Maintains | |
| 2017-03-01 | Desjardins Securities | Buy | Maintains | |
| 2017-01-11 | Sbank | Outperform | Maintains | |
| 2016-10-27 | Sbank | Outperform | Maintains | |
| 2016-10-26 | Desjardins Securities | Buy | Maintains | |
| 2016-08-23 | Paradigm Capital | Buy | Maintains | |
| 2016-07-28 | Sbank | Outperform | Maintains | |
| 2016-05-06 | TD Securities | Buy | Maintains | |
| 2016-03-25 | Dundee Securities | Buy | Maintains | |
| 2015-12-16 | Haywood Securities | Buy | Initiate | |
| 2015-11-06 | National Bank Financial | Outperform | Maintains | |
| 2015-07-17 | Dundee Securities | Neutral | Maintains | |
| 2015-05-13 | Canaccord Genuity | Hold | Maintains | |
| 2015-02-24 | TD Securities | Buy | Maintains | |
| 2015-02-20 | RBC Capital | Outperform | Sector Perform | Downgrade |
| 2024-08-06 | TD COWEN | Buy | Buy | Maintains |
| 2024-08-06 | HAYWOOD SECURITIES INC. | Buy | Buy | Maintains |
| 2024-08-06 | STIFEL CANADA | Buy | Buy | Maintains |
| 2024-08-06 | NATIONAL BANK FINANCIAL | Outperform | Outperform | Maintains |
| 2024-08-06 | RAYMOND JAMES LTD. | Outperform | Outperform | Maintains |
| 2024-08-05 | CIBC CAPITAL MARKETS | Outperform | Outperform | Maintains |
| 2024-07-22 | CORMARK SECURITIES INC. | Buy | Buy | Maintains |
| 2024-02-21 | TD SECURITIES | Buy | Buy | Maintains |
| 2024-01-15 | PARADIGM CAPITAL | Buy | Buy | Maintains |
| 2023-12-13 | HAYWOOD SECURITIES INC. | Buy | Buy | Maintains |
| 2023-12-13 | RAYMOND JAMES LTD. | Outperform | Outperform | Maintains |
| 2023-12-12 | NATIONAL BANK FINANCIAL | Outperform | Outperform | Maintains |
| 2023-11-27 | TD SECURITIES | Buy | Buy | Maintains |
| 2023-11-19 | STIFEL CANADA | Buy | Buy | Maintains |
| 2023-11-14 | CIBC CAPITAL MARKETS | Outperform | Outperform | Maintains |
| 2023-11-09 | CORMARK SECURITIES INC. | Buy | Buy | Maintains |
| 2025-02-27 | Scotiabank | Sector Perform | Sector Perform | Maintains |
| 2025-04-01 | NATIONAL BANK FINANCIAL | Outperform | Outperform | Maintains |
| 2025-03-17 | TD COWEN | Hold | Hold | Maintains |
| 2025-02-03 | NATIONAL BANK FINANCIAL | Outperform | Outperform | Maintains |
| 2025-01-30 | CANACCORD GENUITY | Buy | Buy | Maintains |
| 2025-01-28 | TD COWEN | Buy | Hold | Downgrade |
| 2025-01-09 | RAYMOND JAMES LTD. | Outperform | Outperform | Maintains |
| 2025-01-07 | EIGHT CAPITAL | Buy | Buy | Maintains |
| 2025-01-06 | CANACCORD GENUITY | Buy | Buy | Maintains |
| 2025-01-06 | STIFEL CANADA | Buy | Buy | Maintains |
| 2025-01-06 | NATIONAL BANK FINANCIAL | Outperform | Outperform | Maintains |
| 2024-12-22 | RAYMOND JAMES LTD. | Outperform | Outperform | Maintains |
| 2024-12-11 | CIBC CAPITAL MARKETS | Outperform | Outperform | Maintains |
| 2024-11-07 | CORMARK SECURITIES INC. | Buy | Buy | Maintains |
| 2024-11-06 | TD COWEN | Buy | Buy | Maintains |
| 2024-11-06 | HAYWOOD SECURITIES INC. | Buy | Buy | Maintains |
| 2024-10-16 | EIGHT CAPITAL | Buy | Buy | Maintains |
| 2025-04-04 | RBC Capital | Outperform | Outperform | Maintains |
| 2025-04-14 | Scotiabank | Sector Perform | Sector Outperform | Upgrade |
| 2025-07-16 | TD COWEN | Hold | Hold | Maintains |
| 2025-07-14 | NATIONAL BANK FINANCIAL | Outperform | Outperform | Maintains |
| 2025-07-08 | RAYMOND JAMES LTD. | Outperform | Outperform | Maintains |
| 2025-07-06 | CANACCORD GENUITY | Buy | Buy | Maintains |
| 2025-05-08 | CORMARK SECURITIES INC. | Buy | Buy | Maintains |
| 2025-05-07 | CIBC CAPITAL MARKETS | Outperform | Outperform | Maintains |
| 2025-04-20 | STIFEL CANADA | Buy | Buy | Maintains |
| 2025-07-07 | Scotiabank | Sector Outperform | Sector Outperform | Maintains |
