
TSE:OR
This summary was created by AI, based on 1 opinions in the last 12 months.
Osisko Gold Royalties Ltd. (symbol: OR-T) has garnered attention for its strong market position and potential for growth within the gold sector. The stock has recently been labeled as a top pick due to its favorable valuation at just 1.1 times net asset value (NAV), which positions it as a more attractive option compared to peers like AEM. Investors are excited about the possibility of one of its currently dormant mines returning to operation, which could serve as a significant catalyst for future price appreciation. Given the heightened interest in gold investments, the expert review suggests that maintaining an allocation to gold remains prudent. Overall, the outlook on Osisko Gold Royalties appears upbeat with potential triggers for further upward movement in its stock price.
Management has a big ownership in the company. This is the newest royalty company on the block. They have the Canadiann Malartic, sort of 5% NSR, which will give them $35 million a year. 2% royalty on a number of Cdn assets including Kirkland Lake Camp Have a huge tract of land in Mexico, which he expects they will hive off and keep a royalty on.
He likes the streamers (royalty companies) because he thinks they are going to be a much safer play than the actual producers. A good way to diversify within the sector.