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Side-by-side financial comparison of Galiano Gold Inc. (GAU) and OR Royalties Inc. (OR). Click either name above to swap in a different company.

Galiano Gold Inc. is the larger business by last-quarter revenue ($166.8M vs $46.7M, roughly 3.6× OR Royalties Inc.).

Galiano Gold Inc. is a Canada-based mineral exploration and production firm focused on gold assets. Its core operation is the Asanko Gold Mine in Ghana, West Africa. It extracts, processes and sells gold products to global precious metals markets, catering to both industrial clients and investment sector purchasers.

OR Royalties Inc. is a Canadian company that holds royalties in gold, silver and diamond mines, principally in the form of net smelter returns and streams.Like its predecessor company, Osisko Mining, it is headquartered in Montreal, Quebec, with shares listed on the Toronto Stock Exchange and the New York Stock Exchange.

GAU vs OR — Head-to-Head

Bigger by revenue
GAU
GAU
3.6× larger
GAU
$166.8M
$46.7M
OR

Income Statement — Q3 FY2025 vs Q2 FY2022

Metric
GAU
GAU
OR
OR
Revenue
$166.8M
$46.7M
Net Profit
Gross Margin
Operating Margin
24.3%
Net Margin
Revenue YoY
Net Profit YoY
EPS (diluted)

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
GAU
GAU
OR
OR
Q3 25
$166.8M
Q2 25
$95.7M
Q1 25
$31.7M
Q3 24
$71.1M
Q2 24
$64.0M
Q1 24
$31.7M
Q3 23
$239.3M
Q2 23
$162.4M
Net Profit
GAU
GAU
OR
OR
Q3 25
Q2 25
$4.1M
Q1 25
$-3.2M
Q3 24
$1.1M
Q2 24
$8.8M
Q1 24
Q3 23
$19.5M
Q2 23
$2.2M
Operating Margin
GAU
GAU
OR
OR
Q3 25
24.3%
Q2 25
18.4%
Q1 25
8.2%
Q3 24
Q2 24
Q1 24
17.2%
Q3 23
9.1%
Q2 23
-0.0%
Net Margin
GAU
GAU
OR
OR
Q3 25
Q2 25
4.3%
Q1 25
-10.1%
Q3 24
1.5%
Q2 24
13.8%
Q1 24
Q3 23
8.2%
Q2 23
1.3%

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
GAU
GAU
OR
OR
Cash + ST InvestmentsLiquidity on hand
Total DebtLower is stronger
$222.8M
Stockholders' EquityBook value
$1.3B
Total Assets
Debt / EquityLower = less leverage
0.17×

8-quarter trend — quarters aligned by calendar period.

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
GAU
GAU
OR
OR
Operating Cash FlowLast quarter
$41.9M
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
GAU
GAU
OR
OR
Q3 25
$41.9M
Q2 25
$17.5M
Q1 25
$13.0M
Q3 24
$28.6M
Q2 24
$9.2M
Q1 24
Q3 23
Q2 23
Cash Conversion
GAU
GAU
OR
OR
Q3 25
Q2 25
4.30×
Q1 25
Q3 24
26.04×
Q2 24
1.05×
Q1 24
Q3 23
Q2 23

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

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