Osisko Gold Royalties Ltd (OR): History, Ownership, Mission, How It Works & Makes Money

Ever wondered how some companies profit from gold without actually mining it? Osisko Gold Royalties Ltd., established in 2014, operates as a dynamic player in the mining industry, securing its revenue through royalties and precious metal streams. But how exactly does this Montreal-based company, with shares listed on both the Toronto Stock Exchange and the New York Stock Exchange, generate its impressive returns, and what makes its business model so unique? Let's delve into the history, ownership structure, and operational mechanics that define Osisko Gold Royalties.

Osisko Gold Royalties Ltd (OR) History

Osisko Gold Royalties Ltd Founding Timeline

Year established

The company was established in 2014.

Original location

The company is headquartered in Montréal, Québec, Canada.

Founding team members

While specific names of all founding team members are not readily available in the search results, the key figures associated with the establishment and leadership of the company include:

• Sean Roosen: Chairman and CEO
• Bryan Koch: Chief Financial Officer

Initial capital/funding

Details on the initial capital and funding are not available in the search results.

Osisko Gold Royalties Ltd Evolution Milestones

Osisko Gold Royalties Ltd Transformative Moments

• Strategic Spin-Off in 2014: The creation of Osisko Gold Royalties from Osisko Mining was a pivotal moment, allowing it to focus specifically on royalty and streaming opportunities.
• Acquisition of Virginia Mines in 2015: This acquisition brought the significant Eleonore gold mine royalty into Osisko's portfolio, marking a major expansion in its assets.
• Diversification into Iron Ore in 2017: The investment in LIORC signaled a strategic move to diversify beyond precious metals, providing a more balanced portfolio.
• Cariboo Gold Project: Increased exposure to the Cariboo Gold Project through the acquisition of Barkerville Gold Mines.

For more insights into the company's financial standing, consider reading Breaking Down Osisko Gold Royalties Ltd (OR) Financial Health: Key Insights for Investors.

Osisko Gold Royalties Ltd (OR) Ownership Structure

Osisko Gold Royalties operates with a mixed ownership structure, featuring a combination of institutional, insider, and retail investors which shapes its corporate governance and strategic direction.

Osisko Gold Royalties Ltd Current Status

Osisko Gold Royalties Ltd is a publicly traded company. It is listed on both the Toronto Stock Exchange (TSX:OR) and the New York Stock Exchange (NYSE:OR), allowing shares to be bought and sold by investors.

Osisko Gold Royalties Ltd Ownership Breakdown

Here’s a general overview of Osisko Gold Royalties Ltd’s ownership structure:

Osisko Gold Royalties Ltd Leadership

The leadership team is crucial to the strategic direction and operational management of Osisko Gold Royalties. As of April 2025, key figures include:

• Sean Roosen: Chairman of the Board and Chief Executive Officer
• Elif Lévesque: President
• Frédéric Ruel: Chief Financial Officer and Senior Vice President

These individuals, along with other members of the executive team and board of directors, guide the company’s strategic initiatives, financial performance, and overall governance. You can gain additional insights into the company's strategic goals and guiding principles by visiting Mission Statement, Vision, & Core Values of Osisko Gold Royalties Ltd (OR).

Osisko Gold Royalties Ltd (OR) Mission and Values

Osisko Gold Royalties Ltd's mission is to generate sustainable returns for its shareholders through acquiring and managing a diverse portfolio of precious metal royalties and streams. The company values integrity, respect, and collaboration in its pursuit of long-term growth and responsible resource development.

Osisko Gold Royalties Ltd Core Purpose

Official mission statement

Osisko Gold Royalties' mission statement is not explicitly available in the provided search results. However, based on their corporate profile and activities, a synthesized mission statement can be inferred:

• To generate superior returns for shareholders through the acquisition and management of high-quality precious metal royalties and streams.
• To build a diversified and sustainable portfolio of assets that provides long-term growth and exposure to the precious metals sector.
• To operate with integrity, transparency, and a commitment to responsible mining practices and community engagement.

Vision statement

Osisko Gold Royalties' vision statement is not explicitly available in the provided search results. However, based on their corporate profile and activities, a synthesized vision statement can be inferred:

• To be the leading precious metal royalty and streaming company, recognized for its financial performance, asset quality, and commitment to responsible investing.
• To create long-term value for shareholders by strategically growing its portfolio of royalties and streams in top-tier mining jurisdictions.
• To be a trusted partner to mining companies, providing flexible financing solutions that support the development of sustainable and responsible mining operations.

Company slogan/tagline

There is no official slogan or tagline available in the provided search results. However, you can explore more about the company in this article: Exploring Osisko Gold Royalties Ltd (OR) Investor Profile: Who’s Buying and Why?

Osisko Gold Royalties Ltd (OR) How It Works

Osisko Gold Royalties operates by acquiring royalties and streams from mining companies, which entitles them to a percentage of the revenue or metal production from specific mines, providing income without the risks and capital expenditures associated with mine operation.

Osisko Gold Royalties Ltd's Product/Service Portfolio

Osisko Gold Royalties Ltd's Operational Framework

Osisko Gold Royalties operates through a business model focused on acquiring and managing royalties and streams in the precious metals sector. This approach provides revenue generation without direct involvement in mining operations.

• Deal Sourcing and Evaluation: Osisko's team identifies potential royalty and streaming opportunities by assessing the geological potential, economic viability, and management quality of mining projects. This involves detailed due diligence to ensure the projects are likely to generate long-term value.
• Negotiation and Acquisition: Once a promising project is identified, Osisko negotiates the terms of the royalty or stream agreement. This includes determining the percentage of production attributable to Osisko, the purchase price (for streams), and any other relevant conditions.
• Portfolio Management: After acquiring a royalty or stream, Osisko actively manages its portfolio by monitoring the performance of the underlying mines. This involves tracking production levels, reserve estimates, and operational updates to ensure the mines are performing as expected.
• Revenue Collection: Osisko collects revenue based on the terms of its royalty and stream agreements. For royalties, this involves receiving a percentage of the revenue generated by the mine. For streams, Osisko purchases the agreed-upon quantity of metal at a predetermined price.
• Financial Reporting and Analysis: Osisko prepares regular financial reports that detail its revenue, expenses, and overall financial performance. This information is used to inform investment decisions and communicate with shareholders.

For example, in 2024, Osisko reported record royalty revenue of $94.7 million, with adjusted earnings of $0.18 per share, underscoring the financial benefits of its operational model.

Osisko Gold Royalties Ltd's Strategic Advantages

• Diversified Portfolio: Osisko holds a diverse portfolio of royalties and streams across various commodities and geographical locations, reducing its dependence on any single asset or region.
• Experienced Management Team: Osisko's management team has a proven track record in the mining and finance industries, providing the company with valuable expertise in deal sourcing, negotiation, and portfolio management.
• Strong Financial Position: Osisko maintains a strong balance sheet with access to capital, allowing it to pursue attractive acquisition opportunities and fund its growth initiatives.
• Non-Operating Business Model: By focusing on royalties and streams, Osisko avoids the operating risks and capital expenditures associated with mine operation, resulting in a more stable and predictable revenue stream.

Further insights into the company's financial standing can be found here: Breaking Down Osisko Gold Royalties Ltd (OR) Financial Health: Key Insights for Investors

Osisko Gold Royalties Ltd (OR) How It Makes Money

Osisko Gold Royalties Ltd primarily generates revenue through royalties and streams on precious metals, meaning they receive a percentage of the production or a fixed quantity of metal from various mining projects in exchange for upfront financing or acquisition of existing royalties.

Osisko Gold Royalties Ltd Revenue Breakdown

Osisko Gold Royalties Ltd Business Economics

• The company's business model benefits from the inherent leverage to precious metal prices. As the price of gold, silver, and other metals increases, Osisko's royalty and stream revenues also increase, providing strong upside potential.
• Osisko focuses on acquiring royalties and streams on high-quality, long-life mining assets, which ensures a steady revenue stream over extended periods.
• The company's diversified portfolio of royalties and streams across different geographies and operators reduces the risk associated with any single mining operation.
• Osisko's business model requires relatively low operating costs compared to traditional mining companies, resulting in high operating margins.
• Mission Statement, Vision, & Core Values of Osisko Gold Royalties Ltd (OR).

Osisko Gold Royalties Ltd Financial Performance

• In the fiscal year 2024, Osisko Gold Royalties Ltd reported revenues of $513.7 million, a 22% increase compared to 2023.
• The company's net earnings for 2024 were $98.5 million, which included a $31.9 million impairment charge.
• Osisko's cash flow from operating activities reached $321.5 million in 2024.
• The company paid dividends of $37.5 million in 2024, showcasing its commitment to returning value to shareholders.
• As of December 31, 2024, Osisko had a strong financial position with $138.2 million in cash and cash equivalents, and $449.4 million available under its revolving credit facility.

Osisko Gold Royalties Ltd (OR) Market Position & Future Outlook

Osisko Gold Royalties is strategically positioned in the precious metals royalty and streaming sector, with a focus on acquiring and managing high-quality assets. Their future outlook hinges on effective portfolio management, strategic acquisitions, and navigating the inherent risks of the mining industry. For more in-depth insights, read Exploring Osisko Gold Royalties Ltd (OR) Investor Profile: Who’s Buying and Why?.

Competitive Landscape

Opportunities & Challenges

Industry Position

Osisko Gold Royalties holds a significant position within the precious metals royalty and streaming sector, characterized by:

• A diversified portfolio of royalties and streams, providing exposure to various commodities and geographies.
• A business model that offers leverage to precious metal prices without the direct operational risks of mining.
• Strategic focus on acquiring high-quality, long-life assets.

The company's standing is also reflected in its financial performance. As of the fiscal year 2024, Osisko Gold Royalties reported:

• Revenues of $158.7 million.
• Net earnings of $17.9 million.
• A cash flow from operating activities totaling $87.9 million.