The Basic Materials group has plenty of great stocks, but investors should always be looking for companies that are outperforming their peers. Has Osisko Gold Royalties (OR) been one of those stocks this year? A quick glance at the company's year-to-date performance in comparison to the rest of the Basic Materials sector should help us answer this question. Osisko Gold Royalties is a member of the Basic Materials sector. This group includes 235 individual stocks and currently holds a Zacks Sector Rank of #1 ...

MONTREAL, Sept. 30, 2024 (GLOBE NEWSWIRE) -- Osisko Gold Royalties Ltd (the "Company" or "Osisko") (OR: TSX & NYSE) is pleased to announce that it has entered into a binding agreement to acquire a 1.8% gross revenue royalty ("GRR") on the Dalgaranga Gold project (the "Dalgaranga Royalty" and the "Project") operated by Spartan Resources Limited ("Spartan") in Western Australia. In addition, Osisko shall also acquire a 1.35% GRR (the "Exploration Royalty") on additional regional exploration licenses in proxim ...

Core Insights - The article reflects on the author's transition from urban life to living in a yurt in the boreal forest, emphasizing the importance of energy and commodities in both personal and societal contexts [1] - It discusses the challenges of self-sufficiency and the shift in dependency from societal structures to natural ecosystems [1] - The author highlights the significance of timing in investment decisions, sharing personal experiences with the uranium trade and the difficulty of aligning market entry with the right timing [1] Investment Insights - The author acknowledges past mistakes in investment timing, particularly in the uranium market, where the anticipated cycle took longer to materialize than expected [1] - The narrative emphasizes that understanding market cycles and timing is crucial for making significant profits, and that mastering this skill is a continuous learning process [1] - The article suggests that personal growth and learning from mistakes are more valuable than comparing investment returns with others or indices [1] Research Philosophy - The author expresses a desire to make research accessible to a broader audience, moving away from exclusive insights shared with a select group [1] - There is a clear independence from affiliations with any groups, philosophies, or companies, with a focus on personal growth and spiritual journey in the context of financial markets [1] - The writing serves as a personal notebook, acknowledging the inevitability of missteps while also recognizing the role of luck in successful investment outcomes [1]

MONTREAL, Aug. 06, 2024 (GLOBE NEWSWIRE) -- Osisko Gold Royalties Ltd (the "Company" or "Osisko") (OR: TSX & NYSE) is pleased to announce that the Board of Directors has approved a third quarter 2024 dividend of C$0.065 per common share. This marks Osisko's 40th consecutive quarterly dividend, which will be paid on October 15, 2024 to shareholders of record as of the close of business on September 30, 2024. This dividend is an "eligible dividend" as defined in the Income Tax Act (Canada). For shareholders r ...

Core Insights - Osisko Gold Royalties Ltd reported consolidated financial results for Q2 2024, highlighting record operating cash flows of $52.3 million and a cash margin of 97% [1][2] - The company appointed Ms. Wendy Louie to its Board of Directors, bringing over 25 years of finance and leadership experience in the mining industry [4][5] Financial Performance - The company earned 20,068 gold equivalent ounces (GEOs) in Q2 2024, a decrease from 24,645 GEOs in Q2 2023 [2] - Revenues from royalties and streams increased to $64.8 million, compared to $60.5 million in Q2 2023 [2] - A net loss of $21.1 million was reported, equating to $0.11 per basic share, primarily due to a non-cash impairment loss of $67.8 million on the Eagle gold royalty [2] - Adjusted earnings reached a record of $33.2 million, or $0.18 per basic share, up from $27.2 million or $0.15 per basic share in Q2 2023 [2][22] - The company repaid $44.2 million under its revolving credit facility and extended the maturity date to April 30, 2028 [2] Cash Flow and Balance Sheet - Operating cash flows were recorded at $52.3 million, an increase from $47.4 million in Q2 2023 [2] - As of June 30, 2024, the cash balance stood at $65.7 million, with outstanding debt of $109.0 million [2] - The company declared a quarterly dividend of $0.065 per common share, marking an 8% increase [2] Strategic Developments - Subsequent to June 30, 2024, Osisko Bermuda Limited acquired a new gold stream on SolGold plc's Cascabel copper-gold project in Ecuador [3] - The company also received its first payment under the CSA copper stream from Metals Acquisition Limited and from Agnico Eagle Mines Ltd. under the Akasaba West royalty [3] - The company adjusted its 2024 GEO delivery guidance range to 77,000 – 83,000 GEOs due to production suspensions at the Eagle mine [8] Leadership Changes - Ms. Wendy Louie's appointment to the Board is expected to enhance the company's governance and strategic direction, given her extensive experience in the mining sector [5][6]

If you are looking for a stock that has a solid history of beating earnings estimates and is in a good position to maintain the trend in its next quarterly report, you should consider Osisko Gold Royalties (OR) . This company, which is in the Zacks Mining - Gold industry, shows potential for another earnings beat. This mining royalty and exploration company has an established record of topping earnings estimates, especially when looking at the previous two reports. The company boasts an average surprise for ...

Market Overview - The stock market may not always align with the economic realities of the United States, presenting opportunities for savvy investors to capitalize on discrepancies [1] Gold Mining Sector - Gold mining stocks are gaining attention as gold prices have reached an all-time high, reminiscent of the inflationary periods of the 1970s [2] - Key stocks in the VanEck Gold Miners ETF include Osisko Gold Royalties, Triple Flag Precious Metals, and Royal Gold [2] Osisko Gold Royalties (OR) - Osisko stock is currently priced at $18.20, reflecting a 1.68% increase, with a 52-week range of $11.24 to $18.30 and a dividend yield of 1.04% [3] - The stock has rallied 28% over the past six months, outperforming the S&P 500's 18.3% return during the same period [4] - Osisko trades at a price-to-sales (P/S) ratio of 18.3x, which is a 42.9% premium over the industry average of 12.8x [5] - Institutional investment in Osisko has increased by 3.7% in the past quarter, totaling $345 million, leading to a 16.8% drop in short interest [9][10] Triple Flag Precious Metals (TFPM) - TFPM is currently priced at $16.21, with a P/E ratio of 85.32, indicating a 211% premium over the industry average of 27.7x [7][11] - Analysts at Jefferies Financial Group have raised the price target for TFPM to $20, suggesting a potential upside [6] - Short interest for TFPM has decreased by 11.3% recently, allowing for increased institutional investment [19] Royal Gold (RGLD) - Royal Gold is priced at $139.58, with a P/E ratio of 41.17, which is approximately 49% above the industry average [13][22] - Analysts project a 26.5% EPS growth for Royal Gold, higher than the forecasts for Osisko and TFPM [21] - Institutional investments in Royal Gold have also increased, with VanEck boosting its stake by 6.8% to a total of $559.8 million [14]

Pursuant to the terms of the Gold Stream, OBL and FNB (collectively, the "Stream Purchasers") will make initial deposits totaling US$100 million to SolGold in three equal tranches to fund the Project's pre-construction costs (the "Pre-Construction Deposit"). The first tranche of the Pre-Construction Deposit will be funded at closing, with the two subsequent tranches subject to the achievement of key development milestones. Jason Attew, President & CEO of Osisko commented: "Cascabel is a world-class copper-g ...

Core Insights - Osisko Gold Royalties (OR) reported an 18.6% year-over-year decline in attributable gold equivalent ounces (GEOs) for Q2 2024, with preliminary revenues from royalties and streams at $64.8 million, reflecting a 7.1% increase from the same quarter last year [1][2] Financial Performance - OR earned approximately 20,068 attributable GEOs in Q2 2024, with a preliminary cost of sales (excluding depletion) of $2.2 million, down from $4.3 million in the prior year [2] - The cash margin for the quarter reached a record $62.6 million, indicating an 11.4% growth year-over-year, with a cash margin percentage of 97% compared to 93% in Q2 2023 [2] - As of June 30, 2024, OR's cash position was $65.7 million, having utilized $44.2 million for repayments on its revolving credit facility in Q2, totaling $87.9 million in repayments for the first half of 2024 [3] - Adjusted earnings per share (EPS) for Q1 2024 were reported at 12 cents, surpassing the Zacks Consensus Estimate of 11 cents, although the bottom line declined by 8% year-over-year [3][4] Market Comparison - In the past year, Osisko's shares increased by 13.2%, while the industry experienced a growth of 21.2% [5] - The average realized price of gold in Q2 2024 was $2,339 per ounce, up from $2,054 per ounce in Q1 2024, indicating a positive trend in gold prices [7] Industry Context - Sandstorm Gold Ltd. (SAND) reported a 16.9% year-over-year decline in revenues for Q2 2024, while its cash operating margin increased by 17.1% [8] - SAND's preliminary cost of sales (excluding depletion) was $4.7 million, down from $5.6 million in Q1 2023, with a cash operating margin of $2,043 per attributable GEO [9] - Royal Gold, Inc. (RGLD) sold 52,600 GEOs in Q2 2024, with a cost of sales of $459 per GEO, compared to $436 per GEO in the previous quarter [12][13]

Osisko Gold Royalties (OR) closed the last trading session at $16.43, gaining 1.2% over the past four weeks, but there could be plenty of upside left in the stock if short-term price targets set by Wall Street analysts are any guide. The mean price target of $20.61 indicates a 25.4% upside potential. The mean estimate comprises 13 short-term price targets with a standard deviation of $1.99. While the lowest estimate of $16.79 indicates a 2.2% increase from the current price level, the most optimistic analys ...