Osisko Gold Royalties Ltd. (OR.TO)

Everybody loves gold now. Still only trades at 1.1x NAV. Cheaper on valuation than AEM, and still growing. Gossip that one of its downed mines might come back, so that's a catalyst. He'll always have an allocation to gold. See his Top Picks.

It is a gold royalty company. It has had issues but now has a new CEO who has cleaned up a lot of management conflicts. He likes the management group now as well as the assets of the company. This is a catalyst for the stock. It can grow organically by 50% over the next 3 to 4 years and is trading just over its NAV so is inexpensive. Gold has broken out.             Buy 11  Hold 3  Sell 0

(Analysts’ price target is $25.16)

The new CEO is cleaning house. They have a dual mandate of being a royalty company and owning pieces of junior mining companies.  They finally cut themselves loose from Osisko Mining through a secondary offering, and will sell their stake in Osisko Development to become a pure royalty company. The market wants this. They have a great development pipeline, a strong balance sheet and financing.

Good company. Royalties from a lot of NA mines, not foreign jurisdictions. Royalty space doesn't have to deal with higher costs of being an operator, it gets paid regardless. Gold should start outperforming consistently for the next couple of years. USD will eventually trail down, as rates are not being hiked as aggressively. Yield is 1.33%.

Despite small stakes in other divisions, an almost-pure play on royalties and streaming in 99% precious metals. Well diversified. Prospects to grow assets organically by 10-12% per annum. After 8 years, smashed through resistance last month. In his momentum fund. Gold is pushing toward fresh highs. Yield is 1.02%.

Pretty strong dividend, which he's bullish on right now. One of the best charts in the gold space, if not the best. Doesn't hesitate to recommend.

Billy Kawasaki’s Insights - Billy’s most-liked answers from 5i Research. Pays a decent dividend yield of 1.6%. Long-term debt has been significantly reduced. Quite healthy in terms of debt levels and ability to pay them, although ability to service and pay debt has been eroding slightly over time. A lot will depend on the gold market, and if the price of gold continues to increase, OR's financial standpoint should also increase. Unlock Premium - Try 5i Free

US investors would look at FNV-T if they are looking at royalties and streaming. It is OR-T has gone through a transition over the years and is smaller and without the same following. He had his eyes on it in the past.