Osisko Gold Royalties Ltd (OR): Keep paying attention to its insider activity

Osisko Gold Royalties Ltd (NYSE:OR) saw a downside of -2.50% to close Friday at $12.86 after subtracting -$0.33 on the day. The 5-day average trading volume is 640,160 shares of the company’s common stock. It has gained $13.72 in the past week and touched a new high 1 time within the past 5 days. An average of 904,780 shares of the company has been traded in the last 20 days, and the 50-day average volume stands at 746,754.

OR’s 1-month performance is 2.06% or $0.61 on its low of $12.28 reached on 01/04/23. The company’s shares have touched a 52-week low of $9.19 and high of $14.56, with the stock’s rally to the 52-week high happening on 01/25/23. YTD, OR has achieved 6.55% or $0.79 and has reached a new high 11 times. However, the current price is down -11.71% from the 52-week high price.

Valuation Metrics

OR stock has a beta of 0.67. Moving on to other valuation ratios, the trailing price-to-sales (P/S) ratio is 14.19 while the price-to-book (PB) in the most recent quarter is 1.38, with the price to cash flow ratio at 455.03.

Osisko Gold Royalties Ltd’s quick ratio for the period ended June 29 was 1.00, with the current ratio over the same period at 1.00.. In terms of profitability, the gross margin trailing 12 months is 62.70%. The firm’s gross profit as reported stood at $110.8 million against revenue of $179.43 million.

Earnings Surprise

For the quarterly period ending June 29 this year, Net income and sales went down compared to those figures reported in the previous quarter. Net income grew 47.09% to -$80.88 million, while revenue of $0.0 was 100.0% off the previous quarter. Analysts expected OR to announce $0.07 per share in earnings in its latest quarter, but it posted $0.1, representing a 42.90% surprise. EBITDA for the quarter stood at more than $26.91 million. OR stock balance sheet for the quarter ending June 29 shows that total liabilities totaled 312.79 million, with total debt at $305.24 million.

Let’s look briefly at Osisko Gold Royalties Ltd (OR) price momentum from a technical analysis perspective. The 9-day relative strength index as at close on 03 February was 38.04% to suggest the stock is trending Neutral, with historical volatility in this time period at 22.68%.

The stock’s 5-day moving average is $13.26, reflecting a -4.95% or -$0.67 change from its current price. OR is currently trading +1.90% above its 20-day SMA, +20.98% above its 100-day SMA. However, the stock’s current price level is away from the SMA50 by +3.21% and SMA200 by-7.01%.

Stochastic %K and %D was 32.65% and 46.83% and the average true range (ATR) pointed at 0.36. The RSI (14) points at 45.68%, while the 14-day stochastic is at 7.91% with the period’s ATR at 0.36. The stock’s 9-day MACD Oscillator is pointing at -0.29 and -0.25 on the 14-day charts.

Analyst Ratings

In the most recent analyst report for Osisko Gold Royalties Ltd (NYSE: OR), CIBC upgraded it to a Sector outperform rating. They previously had a Neutral rating on the stock. Analysts offering their rating for OR stock have a consensus rating for the stock as Buy. Currently, 0 brokerage advisors rate OR as a “sell,”, while 1 advise that investors “Hold.” 0 analysts have rated the stock as underweight. 2 rates the stock as overweight while 10 have offered a “buy” rating.

What is OR’s price target for the next 12 months?

Analysts have a consensus price target ranging from a low of $13.49 and a high of $18.74, with their median price target at $16.88. Looking at these predictions, the average price target given by analysts is for Osisko Gold Royalties Ltd (OR) stock is $16.60.

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