Osisko Free Cash Flow Yield vs Price To Sales Ratio Analysis

OR Stock

CAD 26.99 1.12 3.98%

Osisko Gold financial indicator trend analysis is much more than just breaking down Osisko Gold Ro prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Osisko Gold Ro is a good investment. Please check the relationship between Osisko Gold Free Cash Flow Yield and its Price To Sales Ratio accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Osisko Gold Ro. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.

Free Cash Flow Yield vs Price To Sales Ratio

Free Cash Flow Yield vs Price To Sales Ratio Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Osisko Gold Ro Free Cash Flow Yield account and Price To Sales Ratio. At this time, the significance of the direction appears to have almost identical trend.

The correlation between Osisko Gold's Free Cash Flow Yield and Price To Sales Ratio is 0.91. Overlapping area represents the amount of variation of Free Cash Flow Yield that can explain the historical movement of Price To Sales Ratio in the same time period over historical financial statements of Osisko Gold Ro, assuming nothing else is changed. The correlation between historical values of Osisko Gold's Free Cash Flow Yield and Price To Sales Ratio is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Free Cash Flow Yield of Osisko Gold Ro are associated (or correlated) with its Price To Sales Ratio. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Price To Sales Ratio has no effect on the direction of Free Cash Flow Yield i.e., Osisko Gold's Free Cash Flow Yield and Price To Sales Ratio go up and down completely randomly.

Correlation Coefficient

0.91

Relationship Direction	Positive
Relationship Strength	Very Strong

View All Relationships

Free Cash Flow Yield

A financial solvency ratio that compares the free cash flow per share a company is expected to earn against its market value per share, calculated as free cash flow per share divided by market price per share.

Price To Sales Ratio

Price to Sales Ratio is figured by comparing Osisko Gold Ro stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Osisko Gold sales, a figure that is much harder to manipulate than other Osisko Gold Ro multiples. Because sales tend to be more stable P/S ratio can be a good tool for screening cyclical companies fluctuating earnings patterns. A valuation ratio that compares a company's stock price to its revenues, calculated by dividing the company's market cap by its total sales or revenue over a 12-month period.

Most indicators from Osisko Gold's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Osisko Gold Ro current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Osisko Gold Ro. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.

At this time, Osisko Gold's Tax Provision is very stable compared to the past year. As of the 26th of November 2024, Sales General And Administrative To Revenue is likely to grow to 0.19, though Discontinued Operations is likely to grow to (229.5 M).

	2023	2024 (projected)
Non Recurring	63.9M	56.8M
Interest Income	6.8M	6.5M

Non Recurring Interest Income

Osisko Gold fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Total Equity	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Common Stock	Other Liab
Total Assets		0.85	0.54	0.46	0.98	0.41	0.74	-0.51	0.39	-0.16	0.98	-0.26	-0.16	0.69	0.91	0.31	0.84	0.27	0.35	0.84	0.94	0.39	0.02	0.45	0.89	0.06
Short Long Term Debt Total	0.85		0.54	0.52	0.74	0.25	0.84	-0.28	0.34	-0.18	0.85	-0.14	-0.17	0.5	0.69	0.21	0.83	0.22	0.27	0.62	0.96	0.37	-0.02	0.62	0.64	-0.08
Other Current Liab	0.54	0.54		0.69	0.49	0.56	0.41	-0.35	0.9	0.02	0.49	-0.28	0.01	0.88	0.63	-0.48	0.32	0.85	0.87	0.74	0.61	0.92	0.41	0.19	0.56	-0.59
Total Current Liabilities	0.46	0.52	0.69		0.34	0.44	0.51	-0.38	0.61	-0.19	0.46	-0.12	-0.21	0.69	0.48	-0.17	0.05	0.57	0.53	0.53	0.57	0.68	0.06	0.42	0.43	-0.27
Total Stockholder Equity	0.98	0.74	0.49	0.34		0.42	0.68	-0.54	0.37	-0.18	0.97	-0.28	-0.17	0.68	0.92	0.32	0.82	0.26	0.35	0.86	0.86	0.36	0.01	0.35	0.92	0.06
Property Plant And Equipment Net	0.41	0.25	0.56	0.44	0.42		0.44	-0.78	0.82	-0.43	0.4	-0.79	-0.44	0.69	0.64	-0.41	0.18	0.75	0.79	0.74	0.41	0.75	-0.08	-0.1	0.61	-0.58
Net Debt	0.74	0.84	0.41	0.51	0.68	0.44		-0.65	0.37	-0.68	0.83	-0.19	-0.67	0.49	0.75	0.26	0.62	0.23	0.32	0.68	0.79	0.38	-0.5	0.35	0.75	-0.27
Retained Earnings	-0.51	-0.28	-0.35	-0.38	-0.54	-0.78	-0.65		-0.55	0.74	-0.58	0.42	0.74	-0.57	-0.74	-0.08	-0.2	-0.4	-0.52	-0.77	-0.39	-0.48	0.5	0.18	-0.79	0.4
Accounts Payable	0.39	0.34	0.9	0.61	0.37	0.82	0.37	-0.55		-0.18	0.34	-0.56	-0.19	0.85	0.59	-0.66	0.14	0.97	0.99	0.75	0.44	0.99	0.25	0.01	0.53	-0.77
Cash	-0.16	-0.18	0.02	-0.19	-0.18	-0.43	-0.68	0.74	-0.18		-0.32	0.13	1.0	-0.15	-0.37	-0.17	0.0	-0.07	-0.16	-0.34	-0.13	-0.14	0.91	0.19	-0.42	0.36
Non Current Assets Total	0.98	0.85	0.49	0.46	0.97	0.4	0.83	-0.58	0.34	-0.32		-0.22	-0.31	0.64	0.92	0.39	0.81	0.21	0.31	0.83	0.92	0.35	-0.15	0.42	0.92	0.04
Non Currrent Assets Other	-0.26	-0.14	-0.28	-0.12	-0.28	-0.79	-0.19	0.42	-0.56	0.13	-0.22		0.14	-0.36	-0.38	0.47	-0.26	-0.58	-0.57	-0.44	-0.29	-0.49	-0.11	-0.21	-0.36	0.36
Cash And Short Term Investments	-0.16	-0.17	0.01	-0.21	-0.17	-0.44	-0.67	0.74	-0.19	1.0	-0.31	0.14		-0.17	-0.37	-0.15	0.02	-0.1	-0.18	-0.34	-0.12	-0.16	0.9	0.18	-0.42	0.38
Net Receivables	0.69	0.5	0.88	0.69	0.68	0.69	0.49	-0.57	0.85	-0.15	0.64	-0.36	-0.17		0.76	-0.33	0.33	0.81	0.84	0.88	0.64	0.86	0.23	0.14	0.74	-0.46
Common Stock Total Equity	0.91	0.69	0.63	0.48	0.92	0.64	0.75	-0.74	0.59	-0.37	0.92	-0.38	-0.37	0.76		0.16	0.67	0.47	0.57	0.96	0.81	0.58	-0.09	0.22	0.99	-0.22
Common Stock Shares Outstanding	0.31	0.21	-0.48	-0.17	0.32	-0.41	0.26	-0.08	-0.66	-0.17	0.39	0.47	-0.15	-0.33	0.16		0.33	-0.78	-0.7	-0.06	0.18	-0.66	-0.45	0.08	0.22	0.72
Non Current Liabilities Total	0.84	0.83	0.32	0.05	0.82	0.18	0.62	-0.2	0.14	0.0	0.81	-0.26	0.02	0.33	0.67	0.33		0.04	0.12	0.57	0.84	0.13	0.09	0.47	0.65	0.13
Inventory	0.27	0.22	0.85	0.57	0.26	0.75	0.23	-0.4	0.97	-0.07	0.21	-0.58	-0.1	0.81	0.47	-0.78	0.04		0.98	0.65	0.33	0.98	0.35	0.07	0.41	-0.77
Other Current Assets	0.35	0.27	0.87	0.53	0.35	0.79	0.32	-0.52	0.99	-0.16	0.31	-0.57	-0.18	0.84	0.57	-0.7	0.12	0.98		0.74	0.38	0.98	0.27	-0.01	0.52	-0.79
Other Stockholder Equity	0.84	0.62	0.74	0.53	0.86	0.74	0.68	-0.77	0.75	-0.34	0.83	-0.44	-0.34	0.88	0.96	-0.06	0.57	0.65	0.74		0.75	0.74	0.01	0.11	0.95	-0.39
Total Liab	0.94	0.96	0.61	0.57	0.86	0.41	0.79	-0.39	0.44	-0.13	0.92	-0.29	-0.12	0.64	0.81	0.18	0.84	0.33	0.38	0.75		0.46	0.08	0.6	0.76	-0.03
Property Plant And Equipment Gross	0.39	0.37	0.92	0.68	0.36	0.75	0.38	-0.48	0.99	-0.14	0.35	-0.49	-0.16	0.86	0.58	-0.66	0.13	0.98	0.98	0.74	0.46		0.28	0.09	0.51	-0.74
Total Current Assets	0.02	-0.02	0.41	0.06	0.01	-0.08	-0.5	0.5	0.25	0.91	-0.15	-0.11	0.9	0.23	-0.09	-0.45	0.09	0.35	0.27	0.01	0.08	0.28		0.21	-0.17	0.03
Short Term Debt	0.45	0.62	0.19	0.42	0.35	-0.1	0.35	0.18	0.01	0.19	0.42	-0.21	0.18	0.14	0.22	0.08	0.47	0.07	-0.01	0.11	0.6	0.09	0.21		0.18	0.24
Common Stock	0.89	0.64	0.56	0.43	0.92	0.61	0.75	-0.79	0.53	-0.42	0.92	-0.36	-0.42	0.74	0.99	0.22	0.65	0.41	0.52	0.95	0.76	0.51	-0.17	0.18		-0.18
Other Liab	0.06	-0.08	-0.59	-0.27	0.06	-0.58	-0.27	0.4	-0.77	0.36	0.04	0.36	0.38	-0.46	-0.22	0.72	0.13	-0.77	-0.79	-0.39	-0.03	-0.74	0.03	0.24	-0.18

Click cells to compare fundamentals

Osisko Gold Account Relationship Matchups

Osisko Gold fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	1.9B	2.4B	2.4B	2.0B	2.0B	2.0B
Short Long Term Debt Total	369.7M	411.8M	428.8M	155.6M	199.9M	245.1M
Other Current Liab	21.1M	45.5M	32.7M	16.3M	5.1M	4.8M
Total Current Liabilities	27.9M	109.5M	346.3M	17.9M	20.5M	19.4M
Total Stockholder Equity	1.5B	1.7B	1.6B	1.7B	1.7B	1.6B
Property Plant And Equipment Net	386.6M	532.0M	639.3M	6.9M	1.6B	1.6B
Net Debt	240.8M	109.3M	313.1M	65.0M	132.2M	138.8M
Retained Earnings	(249.7M)	(174.5M)	(283.0M)	(463.6M)	(554.7M)	(527.0M)
Accounts Payable	6.8M	12.8M	9.7M	648K	3.1M	5.1M
Cash	108.2M	302.5M	115.7M	90.5M	67.7M	64.3M
Non Current Assets Total	1.8B	2.1B	2.2B	1.9B	1.9B	1.8B
Non Currrent Assets Other	1.1B	1.1B	1.2B	1.3B	2.2M	2.0M
Cash And Short Term Investments	128.9M	306.0M	115.7M	90.5M	75.9M	72.1M
Net Receivables	6.3M	12.9M	14.7M	11.7M	6.3M	10.7M
Common Stock Total Equity	1.6B	1.6B	1.7B	1.8B	2.0B	1.4B
Common Stock Shares Outstanding	151.3M	162.4M	167.6M	180.4M	185.2M	141.9M
Liabilities And Stockholders Equity	1.9B	2.4B	2.4B	2.0B	2.0B	2.0B
Non Current Liabilities Total	425.9M	446.5M	244.3M	241.2M	336.5M	337.6M
Inventory	1.7M	10.0M	18.6M	1.0	13K	12.4K
Other Current Assets	3.5M	6.2M	3.9M	2.5M	1.8M	1.7M
Other Stockholder Equity	73.3M	77.2M	75.1M	77.3M	79.4M	69.2M
Total Liab	453.8M	556.1M	590.6M	259.1M	356.9M	414.5M
Property Plant And Equipment Gross	386.6M	532.0M	812.0M	11.9M	7.1M	6.8M
Total Current Assets	140.4M	335.2M	152.9M	104.8M	84.0M	79.8M
Accumulated Other Comprehensive Income	13.5M	49.0M	58.9M	47.4M	28.1M	19.0M
Short Term Debt	20.7M	51.3M	303.9M	921K	1.1M	1.1M
Common Stock	1.7B	1.8B	1.8B	2.1B	2.1B	1.6B
Other Liab	67.5M	86.0M	119.4M	86.6M	99.6M	103.3M
Net Tangible Assets	1.4B	1.6B	1.5B	1.6B	1.9B	1.4B
Other Assets	6.9M	25.8M	18.0M	1.8M	1.7M	1.6M
Long Term Investments	171.5M	276.7M	294.4M	393.3M	208.7M	280.7M
Property Plant Equipment	1.5B	1.6B	1.8B	1.4B	1.6B	1.3B
Short Term Investments	0.0	10M	20.7M	3.5M	8.2M	5.5M
Capital Surpluse	37.6M	41.6M	42.5M	77.3M	88.9M	93.3M
Deferred Long Term Liab	1.6M	1.2M	1.8M	1.8M	1.7M	1.6M
Long Term Debt	349.0M	350.6M	115.5M	148.0M	191.9M	201.8M
Long Term Debt Total	349.0M	360.5M	124.9M	154.7M	139.2M	211.7M
Net Invested Capital	1.8B	2.1B	2.0B	1.9B	1.8B	1.6B

Pair Trading with Osisko Gold

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Osisko Gold position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Osisko Gold will appreciate offsetting losses from the drop in the long position's value.

Moving together with Osisko Stock

0.93	AG	First Majestic Silver	Pair Corr
0.94	IE	Ivanhoe Energy	Pair Corr
0.89	FDY	Faraday Copper Corp	Pair Corr

Moving against Osisko Stock

0.46

INFM

Infinico Metals Corp

Pair Corr

The ability to find closely correlated positions to Osisko Gold could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Osisko Gold when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Osisko Gold - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Osisko Gold Ro to buy it.

The correlation of Osisko Gold is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Osisko Gold moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Osisko Gold Ro moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for Osisko Gold can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

When determining whether Osisko Gold Ro is a strong investment it is important to analyze Osisko Gold's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Osisko Gold's future performance. For an informed investment choice regarding Osisko Stock, refer to the following important reports:

How To Invest In Osisko

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Is Osisko Stock a good investment?

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What is Osisko Gold's Net Worth?

Details

Largest Metals & Mining Companies

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Largest Materials Companies

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Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Osisko Gold Ro. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.

You can also try the Investing Opportunities module to build portfolios using our predefined set of ideas and optimize them against your investing preferences.

Please note, there is a significant difference between Osisko Gold's value and its price as these two are different measures arrived at by different means. Investors typically determine if Osisko Gold is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Osisko Gold's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

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Osisko Free Cash Flow Yield vs Price To Sales Ratio Analysis

Free Cash Flow Yield vs Price To Sales Ratio

Free Cash Flow Yield vs Price To Sales Ratio Correlation Analysis

Correlation Coefficient

Free Cash Flow Yield

Price To Sales Ratio

Osisko Gold fundamental ratios Correlations

Osisko Gold Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Osisko Gold fundamental ratios Accounts

Pair Trading with Osisko Gold

Moving together with Osisko Stock

Moving against Osisko Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Cash And Short Term Investments	+ 1.0	Cash
Other Current Assets	+ 0.99	Accounts Payable
Property Plant And Equipment Gross	+ 0.99	Accounts Payable
Common Stock	+ 0.99	Common Stock Total Equity
Total Stockholder Equity	+ 0.98	Total Assets
Non Current Assets Total	+ 0.98	Total Assets

Other Liab	- 0.79	Other Current Assets
Common Stock	- 0.79	Retained Earnings
Non Currrent Assets Other	- 0.79	Property Plant And Equipment Net
Inventory	- 0.78	Common Stock Shares Outstanding
Retained Earnings	- 0.78	Property Plant And Equipment Net
Other Liab	- 0.77	Inventory