What is the Price Targets for Osisko Gold Royalties Ltd (OR)?

Osisko Gold Royalties Ltd (NYSE:OR) saw a downside of -1.35% to close Friday at $14.62 after subtracting -$0.2 on the day. The 5-day average trading volume is 585,880 shares of the company’s common stock. It has gained $15.21 in the past week and touched a new high 2 times within the past 5 days. An average of 1,208,695 shares of the company has been traded in the last 20 days, and the 50-day average volume stands at 1,025,432.

OR’s 1-month performance is -2.79% or -$0.42 on its low of $13.27 reached on 07/05/23. The company’s shares have touched a 52-week low of $9.19 and high of $17.96, with the stock’s rally to the 52-week high happening on 05/04/23. YTD, OR has achieved 21.13% or $2.55 and has reached a new high 26 times. However, the current price is down -18.60% from the 52-week high price.

Valuation Metrics

OR stock has a beta of 0.76. Moving on to other valuation ratios, the trailing price-to-sales (P/S) ratio is 15.07 while the price-to-book (PB) in the most recent quarter is 1.54.

In terms of profitability, the gross margin trailing 12 months is 65.60%. The trailing 12-month EBITDA margin is 81.36% while for the period ending September 29, Osisko Gold Royalties Ltd’s operating margin was 39.90%. The firm’s gross profit as reported stood at $115.67 million against revenue of $167.54 million.

Earnings Surprise

For the quarterly period ending September 29 this year, Net income and sales went up 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 $35.56 million. OR stock balance sheet for the quarter ending September 29 shows that total liabilities totaled 184.56 million, with total debt at $143.14 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 21 July was 41.55% to suggest the stock is trending Neutral, with historical volatility in this time period at 23.82%.

The stock’s 5-day moving average is $14.94, reflecting a -2.66% or -$0.40 change from its current price. OR is currently trading -3.37% above its 20-day SMA, +12.81% above its 100-day SMA. However, the stock’s current price level is away from the SMA50 by -15.64% and SMA200 by+39.11%.

Stochastic %K and %D was 62.40% and 68.04% and the average true range (ATR) pointed at 0.41. The RSI (14) points at 42.70%, while the 14-day stochastic is at 54.00% with the period’s ATR at 0.43. The stock’s 9-day MACD Oscillator is pointing at -0.05 and 0.08 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 9 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 $16.00 and a high of $22.80, with their median price target at $20.49. Looking at these predictions, the average price target given by analysts is for Osisko Gold Royalties Ltd (OR) stock is $20.07.

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