The stock of Osisko Gold Royalties Ltd (NYSE:OR) decreased by -$0.07 on Friday to finish at $13.88, down -0.50 percent. The last five days have seen an average of 473,920 shares of common stock traded. 26 times new highs were reached in the current year, with a gain of $1.81. The average number of shares traded over the last 20 days was 570,615, while the average volume over the last 50 days totaled 919,328.
OR stock dropped -7.90% since last month. On 08/10/23, the company’s shares reached a one-month low of $13.76. The stock touched a high of $17.96 on 05/04/23, after rallying from a low of $9.19 in 52 weeks. The price of OR stock has risen by 15.00% or $1.81 this year, reaching a new high 26 times. Still, the stock price is down -22.72% from the 52-week high.
Valuation Metrics
Osisko Gold Royalties Ltd (OR) has a trailing price-to-earnings (P/E) ratio of 17.44. Beta for the stock is 0.79. There are also a few other valuation ratios worth considering, including the trailing price-to-sales (P/S) ratio of 14.67, the price-to-book (PB) ratio of 1.47.
Company paid $0.0450 per share in dividends, an increase of 2.27% from $0.0440 last year.
Financial Health
For the three months ended September 29, Osisko Gold Royalties Ltd’s current ratio was 4.50. The company’s long-term debt to equity ratio for the quarter ending September 29 is 0.18, and the total debt to equity ratio is 0.18. As far as profitability goes, gross margin for the trailing twelve months is 69.40% percent. Osisko Gold Royalties Ltd’s EBITDA margin for the year ended September 29 was 81.36%, whereas its operating margin stood at 51.30% for the same period. Based on annual data, it had gross profit of $115.67 million and revenue of $167.54 million.
Investors will also look at the performance of the company’s management in order to determine the potential profitability of their investment. OR’s return on assets (ROA) during the last 12 months has been -4.70%. There was a 4.90% return on investment (ROI) in the past year. In the meantime, the return on equity (ROE) for the last 12 months was -5.60%.
Earnings Surprise
According to Osisko Gold Royalties Ltd’s quarterly financial report for the quarter that ended September 29. A higher net income was reported in the quarter under review than the previous quarter. Net income for the quarter came in at $375.7 million, while revenues rose by 76.69% to $0.0. It was predicted that Osisko Gold Royalties Ltd’s quarterly earnings would be $0.1, but it ended up being $0.07, beating the consensus by 42.90%. EBITDA was $35.56 million for the quarter. At the end of Osisko Gold Royalties Ltd’s most recent quarter ended September 29, its liabilities totaled 184.56 million, while its total debt was $328.18 million.
Technical Picture
Here’s a quick look at Osisko Gold Royalties Ltd’s (OR) price momentum from a technical perspective. As of 11 August, the RSI 9-day stood at 35.44%, suggesting the stock is Neutral, with a 27.40% historical volatility rate.
The stochastic %K and %D were 13.35% and 13.51% respectively, while the average true range (ATR) was 0.35. Based on the 14-day stochastic reading of 8.96%, the RSI (14) reading is 38.27%. On the 9-day MACD Oscillator, the stock is at -0.11, and the 14-day reading is at -0.32.
Analyst Ratings
In its most recent analyst report, CIBC raised its rating on Osisko Gold Royalties Ltd (NYSE: OR) to a Sector outperform. Prior to this, analysts firm rated the stock as a Neutral. Analysts have assigned Osisko Gold Royalties Ltd (OR) an Buy rating. OR is a stock that is recommended for selling by 0 brokerage firms, while 1 companies recommend holding. The stock is underweighted by 0 analysts. Among the analysts who rate the stock, 2 rates it overweight and 10 others recommend it as a buy.
What is OR’s price target for the next 12 months?
The current consensus forecast for the stock is between $16.00 and $22.38, with a median target price of $19.77. In analyzing these forecasts, the average price target given by analysts for Osisko Gold Royalties Ltd (OR) is $19.43.
