Osisko Gold Royalties Ltd Common Shares (OR) Company Bio
Osisko Gold Royalties Ltd. operates as a mining royalty and exploration company. The company primarily explores for gold and base metals. The company is based in Montreal, Canada.
OR Price Forecast Based on DCF Valuation
DCF Fair Value Target:
Below please find a table outlining a discounted cash flow forecast for OR, in which we model out valuation assuming a variety of terminal growth rates. To summarize, we found that Osisko Gold Royalties LTD ranked in the 24th percentile in terms of potential gain offered. Our DCF analysis suggests the stock is overvalued by about 62.67%. As for the metrics that stood out in our discounted cash flow analysis of Osisko Gold Royalties LTD, consider:
88% of the company's capital comes from equity, which is greater than 73.01% of stocks in our cash flow based forecasting set.
Osisko Gold Royalties LTD's interest coverage rate -- a measure of gross earnings relative to interest payments -- comes in at -10.66. This coverage rate is greater than that of merely 8.32% of stocks we're observing for the purpose of forecasting via discounted cash flows.
Relative to other stocks in its sector (Basic Materials), Osisko Gold Royalties LTD has a reliance on debt greater than just 19.78% of them.
Terminal Growth Rate in Free Cash Flow
Return Relative to Current Share Price
For other companies in the Basic Materials that have a similar discounted cashflow valuation profile (and ensuing price forecasts) as OR, try SYNL, HL, IPI, SCHN, and TECK.
Osisko Gold Royalties Ltd. (OR), or Osisko hereafter, is the number four precious metal royalty company, following Franco Nevada Corp. (FNV), Wheaton Precious Metals Corp. (WPM), and Royal Gold, Inc. (RGLD) and leading Sandstorm Gold Ltd. (SAND). While its peers capturing an average P/NAV of around 2.2X, Osisko trades around...
Laurentian Research on Seeking Alpha | September 29, 2020
In a previous article, I stated that there existed an unmet need to build mines out of the enormous inventory of moderately-sized gold deposits, and enumerated the challenges faced by a mine builder that sought to pursue such a blue ocean opportunity. The presence of these challenges, in the parlance...
Laurentian Research on Seeking Alpha | September 22, 2020
Figure 1 Plan map of the Malartic mine showing the royalty limits with respect to the mineral resourcezones. Figure 2 Long section Canadian Malartic property showing the distribution of underground mineralresourcesMONTREAL, July 30, 2020 (GLOBE NEWSWIRE) -- Osisko Gold Royalties Ltd (the “Company” or “Osisko”) (OR: TSX & NYSE) is pleased to report the initiation of construction of a portal to access the underground resources at the Canadian Malartic Mine (“Canadian Malartic Underground”). Construction of the portal is expected to commence in August, and construction of the ramp is expected to commence in the fourth quarter.Sean Roosen, Chair and Chief Executive Officer of the Company declared: “We are extremely pleased to see the advancement of the Partnership’s vision to explore and de...