Osisko Gold Royalties stock gains as gold prices support royalties

Osisko Gold Royalties (ISIN CA6882781009) closed at C$52.89 on the Toronto Stock Exchange on September 22, 2026, up 4.3 percent from the prior close. The move puts the royalty and streaming company at a market capitalization of C$9.91 billion, according to the latest market snapshot.

First half revenue doubles

Osisko Gold Royalties reported first-half 2026 revenue of USD 13.91 million, up 99.9 percent from USD 6.96 million in the first half of 2025, according to ChoiceStock on September 23, 2026. Gold equivalent ounces rose 41.7 percent to 3,677 ounces from 2,595 ounces in the comparable period.

The operating leverage was also visible in adjusted EBITDA. The figure reached USD 12.60 million in the first half of 2026, compared with USD 4.04 million a year earlier, an increase of 212.1 percent. The second quarter contributed USD 6.73 million of revenue, up 76.1 percent year over year.

Guidance remains unchanged

For 2026, the company maintained guidance of 7,500 to 9,300 gold equivalent ounces, with the outlook based on a gold price assumption of USD 5,150 per ounce and a copper price assumption of USD 5.75 per pound, ChoiceStock reported on September 23, 2026. The unchanged range matters because it sets the current operating benchmark against which the first-half production increase must be measured.

Net income in the second quarter was USD 1.78 million, compared with a net loss of USD 0.83 million in the second quarter of 2025. That comparison marks a swing of USD 2.61 million and gives the revenue increase greater significance than a price reaction alone.

Stock reaches C$52.89

The September 22, 2026 quotation of C$52.89 was accompanied by a 52-week range of C$35.26 to C$52.89 and a market capitalization of C$9.91 billion. The stock therefore closed at the upper end of the reported yearly range, while the 4.3 percent daily gain linked the market picture to the companys improving first-half operating figures.

Osisko Gold Royalties earns exposure to mine production through royalty and streaming interests rather than by operating every underlying mine itself. That structure makes gold and copper price assumptions important: the 2026 guidance is quantified, but its realization remains tied to production volumes and commodity prices.

Market data frames the valuation

On September 22, 2026, Osisko Gold Royalties traded on the Toronto Stock Exchange at C$52.89. The same market snapshot listed a 52-week low of C$35.26, a 52-week high of C$52.89 and a moderate buy consensus with an average target of C$63.20.

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