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Analysts From Major Brokerage Firms Release Report On Osisko Gold Royalties Ltd (OR)

The stock of Osisko Gold Royalties Ltd (NYSE:OR) increased by $0.41 on Tuesday to $16.61, up 2.53 percent. The last five days have seen an average of 1,049,386…

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This article was originally published by Fosters Leader

The stock of Osisko Gold Royalties Ltd (NYSE:OR) increased by $0.41 on Tuesday to $16.61, up 2.53 percent. The last five days have seen an average of 1,049,386 shares of common stock traded. 23 times new highs were reached in the current year, with a gain of $4.58. The average number of shares traded over the last 20 days was 1,257,552, while the average volume over the last 50 days totaled 913,363.

OR stock appreciated 27.48% since last month. On 03/13/23, the company’s shares reached a one-month low of $13.45. The stock touched a high of $17.00 on 04/05/23, after rallying from a low of $9.19 in 52 weeks. The price of OR stock has risen by 37.61% or $4.58 this year, reaching a new high 23 times. Still, the stock price is down -2.29% from the 52-week high.

Valuation Metrics

Osisko Gold Royalties Ltd (OR) has a trailing price-to-earnings (P/E) ratio of 23.79. Beta for the stock is 0.65. There are also a few other valuation ratios worth considering, including the trailing price-to-sales (P/S) ratio of 16.83, the price-to-book (PB) ratio of 1.72.

Company paid $0.0410 per share in dividends, an increase of 2.5% from $0.04 last year. A $0.0010 dividend increase was reported on Thursday February 23 2023.

Financial Health

For the three months ended September 29, Osisko Gold Royalties Ltd’s quick ratio was 5.90, while its current ratio was 5.90, indicating its ability to pay off its debt. The company’s long-term debt to equity ratio for the quarter ending September 29 is 0.09, and the total debt to equity ratio is 0.09. As far as profitability goes, gross margin for the trailing twelve months is 63.20% percent. Osisko Gold Royalties Ltd’s EBITDA margin for the year ended September 29 was 81.36%, whereas its operating margin stood at 28.20% 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 -4.80%. 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 -6.50%.

Earnings Surprise

According to Osisko Gold Royalties Ltd’s quarterly financial report for the quarter that ended September 29. A lower 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 $78.59 million for the quarter. At the end of Osisko Gold Royalties Ltd’s most recent quarter ended September 29, its liabilities totaled 199.29 million, while its total debt was $155.57 million.

Technical Picture

Here’s a quick look at Osisko Gold Royalties Ltd’s (OR) price momentum from a technical perspective. As of 10 April, the RSI 9-day stood at 73.74%, suggesting the stock is Overbought, with a 25.26% historical volatility rate.

The stochastic %K and %D were 81.46% and 83.18% respectively, while the average true range (ATR) was 0.49. Based on the 14-day stochastic reading of 86.33%, the RSI (14) reading is 73.51%. On the 9-day MACD Oscillator, the stock is at 0.25, and the 14-day reading is at 0.66.

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.

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