Saturday, March 13, 2021 12:41:59 AM
https://www.streetwisereports.com/article/2021/03/10/royalty-companies-and-explorers-are-on-sale-1.html
The company has a strong pipeline of assets in Osisko Development (as well as Osisko Mining, Metals and O3), in which it holds royalty interests as well as equity. This pipeline is important when competition for royalty assets is so strong and prices so high. On a recent call, CEO Sandeep Singh emphasized the significance of the accelerator model, which had been "wildly successful" both financially and in developing the pipeline. He said he continues to like what he described as "the pure accelerator model," but said there are fewer good assets available after last year's market rally.
The company provided guidance for this coming year of between 78,000 to 82,000 GEOs (gold equivalent ounces), which was self-described as fairly conservative and deliberately so after several disappointments in recent years. In particular, Eleonore appears to have stabilized and now has upside, as does the diamond mine Renard, though it is not in the guidance.
It has the lowest valuation among the larger companies, justifiably so perhaps, though too wide a gap in my view. It is the highest yielding at 1.5%. Osisko is not receiving credit for the progress it has made, including turning around diamond mine Renard, as well as its no-cost inbuilt pipeline. Osisko is a buy.
Starboy
Recent OR News
- Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16] • Edgar (US Regulatory) • 05/09/2024 09:08:11 PM
- Osisko Announces the Voting Results From Its Annual Meeting of Shareholders • GlobeNewswire Inc. • 05/09/2024 09:00:00 PM
- Osisko Declares an 8% Increase in Second Quarter 2024 Dividend • GlobeNewswire Inc. • 05/08/2024 09:13:00 PM
- Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16] • Edgar (US Regulatory) • 05/08/2024 09:12:20 PM
- Osisko Reports Q1 2024 Results • GlobeNewswire Inc. • 05/08/2024 09:00:00 PM
- Osisko Announces Publication of 2023 Sustainability Report • GlobeNewswire Inc. • 04/10/2024 12:46:57 PM
- Osisko Announces Q1 2024 Geo Deliveries and Select Asset Updates • GlobeNewswire Inc. • 04/08/2024 12:00:00 PM
- Osisko Files 2023 Year-End Disclosure Documents • GlobeNewswire Inc. • 03/28/2024 10:12:29 PM
- Osisko Declares First Quarter 2024 Dividend • GlobeNewswire Inc. • 02/20/2024 10:22:31 PM
- Osisko Reports Record 2023 Results and Provides 2024 Guidance and New 5-Year Outlook • GlobeNewswire Inc. • 02/20/2024 10:15:00 PM
- Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16] • Edgar (US Regulatory) • 01/31/2024 03:57:17 PM
- Osisko Provides Board Update • GlobeNewswire Inc. • 01/31/2024 02:02:33 PM
- Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16] • Edgar (US Regulatory) • 01/24/2024 01:36:20 PM
- Osisko Appoints David Smith to Its Board of Directors • GlobeNewswire Inc. • 01/24/2024 01:00:00 PM
- Osisko Announces Q4 2023 GEO Deliveries, Record Cash Margin and Reduced Debt Balance • GlobeNewswire Inc. • 01/08/2024 10:00:00 PM
- Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16] • Edgar (US Regulatory) • 12/13/2023 09:54:12 PM
- Osisko Gold Royalties Announces Sale of Common Shares of Osisko Mining for Gross Proceeds of C$132 Million • GlobeNewswire Inc. • 12/13/2023 09:43:37 PM
- Osisko Announces TSX Approval to Renew Normal Course Issuer Bid • GlobeNewswire Inc. • 12/08/2023 01:00:00 PM
- Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16] • Edgar (US Regulatory) • 11/20/2023 07:01:38 PM
- Osisko Board Update • GlobeNewswire Inc. • 11/20/2023 06:35:05 PM
- Osisko Announces Appointment of Jason Attew as President and Chief Executive Officer • GlobeNewswire Inc. • 11/08/2023 10:20:00 PM
- Osisko Declares Fourth Quarter 2023 Dividend • GlobeNewswire Inc. • 11/08/2023 10:02:44 PM
- Osisko Reports Q3 2023 Results • GlobeNewswire Inc. • 11/08/2023 10:00:00 PM
- Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16] • Edgar (US Regulatory) • 10/30/2023 12:19:08 PM
- Osisko Announces Royalty Transaction on the Namdini Gold Project in Ghana • GlobeNewswire Inc. • 10/30/2023 12:00:00 PM
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