Following the ”merger” of Virginia Mines and Osisko Gold Royalities the new company will be the fourth largest Royality company in the gold sector. The proposed dividend and share buyback programm next year will make the company more and more attractive. Nevertheless, the market capitalization of well over 1 billion seems very high to me! The expected Revenue 2015 from the two major streaming deals (Eleonore Mines, Canadian Malartic) will be 33 – 36 Mio. USD with potenzial to 60 Mio in 2018 (assumption of Gold price 1.200 USD).
What do you think? Could Osisko be a better alternative to Sandstorm?
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