Osisko Gold Royalties Ltd (NYSE:OR) concluded the trading at $18.67 on Friday, January 10 with a rise of 0.38% from its closing price on previous day.
Taking a look at stock we notice that its last check on previous day was $18.60 and 5Y monthly beta was reading 0.907 with its price kept floating in the range of $18.572 and $19.36 on the day. Considering stock’s 52-week price range provides that OR hit a high price of $21.29 and saw its price falling to a low level of $12.77 during that period. Over a period of past 1-month, stock came subtracting -4.74% in its value.
With its current market valuation of $3.48 billion, Osisko Gold Royalties Ltd is set to declare its quarterly results in February. OR Stock’s Forward Dividend of 0.18 and its yield of 0.99% are making investors’ thoughts stronger that it could climb further before the company announces its earnings for the current quarter. Analysts are in estimates of 0.2 per share for company’s earnings in the current quarter and are expecting its annual EPS growth moving up to 0.69 for current year with estimates of that growing to 0.93 in next year.
Analysts watching the company’s growth closely have provided estimates for its revenue growth with an average revenue estimate of 68.29M. They suggested that in the process company could generate revenue of as low as 66.73M which could climb up to 69.85M to hit a high. The average estimate is representing an increase of 4.80% in sales growth from that of posted by the company in the same quarter of last year. In keeping analyst consensus estimate with, company is forecasted to be making an annual revenue of 262.1M in current fiscal year, which will be 5.98% more from revenue generated by the company last year.
In contrast, when we review OR stock’s current outlook then short term indicators are assigning it an average of Hold, while medium term indicators are categorizing the stock at an average of 50% Buy. Long term indicators are suggesting an average of 50% Buy for it.
According to ratings assigned by 6 analysts at the scale of 1 to 5 with 1.00 representing a strong buy and 5.00 suggesting a strong sell; 2 of them are recommending Osisko Gold Royalties Ltd (OR) as a Hold, while 4 are in view that stock is a Buy. Recommendation by 0 analysts for the stock is an Underweight while number of those analysts who rated the stock as an Overweight is 0, whereas 0 of them are considering the stock as a Sell. When taken as whole, stock gets a rating of Overweight and that encourages the investors to exploit the opportunity and build their stake up in the company.
Digging deeper we become aware of the PEG ratio of the OR stock which is currently positioned at 0. It further provides that stock’s current price level is 0.27% away from its 20-day simple moving average and is -2.95% off its SMA50. Its relative strength index (RSI) for 14-periods is oscillating at 48.71 while volatility remained at 2.39% over the past week which changes to 2.20% when measuring it over the past month. Beta is valued at 1.03, while measure of average true range or ATR is currently at 0.46. In predicting price targets of as low as $19 and as high as $19, analysts are in agreement on assigning the stock over the next 12 months average price target of $19. Stock’s current price level is -1.77% above from estimated low price target while it is -1.77% below the estimated high; and even if the OR’s share succeeded to reach the median price of $19, then the outlook of -1.77% could come to the excitement of the investors.
Having a second look at Osisko Gold Royalties Ltd (NYSE:OR) provides that stock’s average daily trading volume for 3 months was 574.59K, while it jumped to 330530 when we calculate an average volume for past 10 days. Number of outstanding shares of the stock stood at 186.27 million.
The percentage of outstanding shares held by the insiders is 0.60% while it is 82.26% for the institutional holders. In December the standing of shares short improved as it was 3.74 million in the previous month. Addition of 3.15% by stock’s current price to its year-to-date value in last trading session is likely to be increasing investors’ interest in the stock as it is hinting an extended uptrend.
