Is Osisko Gold Royalties Ltd (OR) A Solid Choice On The Value Front?

The stock of Osisko Gold Royalties Ltd (NYSE:OR) increased by $0.44 on Friday to finish at $12.96, up 3.51 percent. The last five days have seen an average of 605,020 shares of common stock traded. 11 times new highs were reached in the current year, with a gain of $0.89. The average number of shares traded over the last 20 days was 556,310, while the average volume over the last 50 days totaled 700,652.

OR stock dropped -7.03% since last month. On 02/24/23, the company’s shares reached a one-month low of $12.31. The stock touched a high of $14.56 on 01/25/23, after rallying from a low of $9.19 in 52 weeks. The price of OR stock has risen by 7.37% or $0.89 this year, reaching a new high 11 times. Still, the stock price is down -11.02% from the 52-week high.

Valuation Metrics

Osisko Gold Royalties Ltd (OR) has a trailing price-to-earnings (P/E) ratio of 29.93. Beta for the stock is 0.68. There are also a few other valuation ratios worth considering, including the trailing price-to-sales (P/S) ratio of 13.68, the price-to-book (PB) ratio of 1.37.

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 62.70% percent. Osisko Gold Royalties Ltd’s operating margin stood at 29.60% for the same period. Based on annual data, it had gross profit of $110.8 million and revenue of $179.43 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 $26.91 million for the quarter.

Technical Picture

Here’s a quick look at Osisko Gold Royalties Ltd’s (OR) price momentum from a technical perspective. As of 24 February, the RSI 9-day stood at 54.00%, suggesting the stock is Neutral, with a 23.60% historical volatility rate.

The stochastic %K and %D were 39.71% and 23.72% respectively, while the average true range (ATR) was 0.35. Based on the 14-day stochastic reading of 90.28%, the RSI (14) reading is 51.90%. On the 9-day MACD Oscillator, the stock is at -0.11, and the 14-day reading is at -0.12.

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, 1 rate it overweight and 9 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 $14.00 and $18.74, with a median target price of $16.86. In analyzing these forecasts, the average price target given by analysts for Osisko Gold Royalties Ltd (OR) is $16.77.

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