Osisko Gold Group Inc. (OGG) AI Stock Analysis
OGG AI stock analysis summary
AI ResearchOsisko Gold Group Inc. (OGG) is a precious metals exploration and development company with projects in Canada, Mexico, and the United States. In FY2026, revenue surged 677.4% to $35.4M, though net income remained negative at -$168.9M. As of May 31, 2026, the company holds net cash of $294.9M and a current ratio of 3.58.
- Market cap
- $817.9M
- Revenue (TTM)
- $63.6M
- P/E
- — fwd 24.0x
- 1Y return
- -30.4% S&P 500 16.8%
- Avg. target
- $6.90 166.4% vs last close
Bull case
- Trailing twelve-month revenue grew 377.1% year-over-year for the quarter ending May 31, 2026, reaching $63.6M.
- The balance sheet maintains net cash of $294.9M supported by $837.3M in cash and short-term investments.
- The lone covering analyst maintains a Strong Buy rating with a mean price target of $6.90, reflecting 166.4% upside from the $2.59 close.
Bear case
- The company recorded net income of -$168.9M and free cash flow of -$120.8M in FY2026.
- Analyst estimates forecast revenue will decline 66.7% to $11.6M in the next fiscal year.
- Osisko Gold Group expanded its share count by 725.0% over the five-year period.
What Osisko Gold does
Osisko Gold Group Inc., together with its subsidiaries, acquires, explores, and develops precious metals resource properties in Canada, Mexico, and the United States. The company explores for precious and base metal, gold, silver, lithium, copper, lead, and zinc deposits. Its flagship asset is the 100% owned Cariboo Gold Project, which covers an area of approximately 192,000 hectares consisting of 443 mineral and placer titles located in British Columbia, Canada. The company also holds a portfolio of marketable securities. Headquartered in Montreal, Canada, the company was formerly known as Osisko Development Corp. before changing its name to Osisko Gold Group Inc. in July 2026.
Growth and profitability
Osisko Gold Group's revenue expanded at a 4-year compound annual growth rate of 46.7% between FY2022 and FY2026, though results have fluctuated significantly. After dropping 85.6% to $4.6M in FY2025, revenue rebounded 677.4% to $35.4M in FY2026. However, gross margin stood at -71.1% and operating margin was -151.1% in FY2026, producing net income of -$168.9M and diluted EPS of $0.02. Free cash flow was -$120.8M, compared to -$88.9M in FY2025. Over the trailing twelve months ending May 31, 2026, revenue reached $63.6M with quarterly revenue growth of 377.1% year-over-year, an operating margin of 24.7%, and EPS of $0.00.
Balance sheet and cash flow
As of May 31, 2026, Osisko Gold Group held $837.3M in cash and short-term investments against $542.4M in total debt, resulting in net cash of $294.9M. Shareholders' equity was $1.11B against total assets of $1.93B. The company reported a current ratio of 3.58 and a debt-to-equity ratio of 0.49. During FY2026, capital expenditures were $95.8M, while operating cash flow was -$25.0M. The company's share count grew 725.0% over the past five years.
Valuation and performance
At a last close of $2.59 on October 16, 2026, Osisko Gold Group had a market capitalization of $817.9M and an enterprise value of $555.8M. The stock trades at a forward P/E of 24.0x and a price-to-sales multiple of 12.9x, both above the median of its US-listed Basic Materials peers at 13.4x and 1.8x, respectively. Its EV to EBITDA ratio of 8.9x sits below the peer median of 10.5x. Over the past year, the stock fell 30.4%, trailing the S&P 500 return of 16.8%. Over five years, the stock dropped 80.7% compared to an 83.0% gain for the S&P 500.
What analysts expect
Analyst sentiment consists of 1 Strong Buy rating, with 0 Buy, 0 Hold, 0 Sell, and 0 Strong Sell ratings. The mean price target is $6.90, representing 166.4% upside compared to the last close of $2.59. For the current fiscal year ending December 31, 2026, consensus revenue is $35.0M. For the next fiscal year, analysts estimate revenue of $11.6M, indicating an expected revenue decrease of 66.7%. The company's next earnings date is November 6, 2026.
Key risks and what to watch
- Operating cash flow remained negative at -$25.0M in FY2026 alongside capital expenditures of $95.8M.
- The stock carries a high beta of 1.95 and is down 30.4% over the trailing one-year period.
- Historical revenue displays high volatility, dropping 85.6% in FY2025 to $4.6M before jumping to $35.4M in FY2026.
AI-generated research summary. Written with AI from Quotelinks data as of October 16, 2026 and checked so every figure matches that data. For information only, not investment advice. Disclaimer
About this OGG AI stock analysis
This page is an AI-written research summary of Osisko Gold Group Inc. (OGG). The text was generated on October 30, 2026 from Quotelinks data as of October 16, 2026 (company profile, annual results, latest balance sheet, valuation, price performance and analyst estimates). An automatic check rejects any draft that contains a figure not found in that data. It is not investment advice; verify figures on the linked tabs before making decisions.
Related: OGG income statement, OGG balance sheet, OGG key metrics, OGG analyst forecast, OGG chart. See the OGG stock overview for the latest quote and news.
OGG AI stock analysis FAQ
What is Osisko Gold Group's flagship mining property?
Its flagship asset is the 100% owned Cariboo Gold Project in British Columbia, Canada, covering approximately 192,000 hectares across 443 mineral and placer titles.
When is Osisko Gold Group's next earnings release?
The company is scheduled to report earnings on November 6, 2026.
What does Osisko Gold Group's liquidity position look like?
As of May 31, 2026, the company held $837.3M in cash and short-term investments and $542.4M in total debt, giving it net cash of $294.9M and a current ratio of 3.58.
What is Wall Street's price target for OGG?
The consensus mean price target is $6.90 based on 1 Strong Buy rating, representing 166.4% potential upside from the October 16, 2026 closing price of $2.59.