Osisko Gold Royalties Ltd (NYSE:OR) shares, rose in value on Friday, January 24, with the stock price down by -0.16% to the previous day’s close as strong demand from buyers drove the stock to $18.76.
Actively observing the price movement in the last trading, the stock closed the session at $18.79, falling within a range of $18.49 and $19.14. The value of beta (5-year monthly) was 0.907. Referring to stock’s 52-week performance, its high was $21.29, and the low was $12.77. On the whole, OR has fluctuated by 2.57% over the past month.
With the market capitalization of Osisko Gold Royalties Ltd currently standing at about $3.50 billion, investors are eagerly awaiting this quarter’s results, scheduled for in February. The company’s Forward Dividend Ratio is 0.18, with its dividend yield at 0.99%.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 262M, with a low estimate of 66.73M and a high estimate of 66.73M. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 66.73M.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that OR’s technical picture suggests that short-term indicators denote the stock is a Hold on average. However, medium-term indicators have put the stock in the category of Hold while long-term indicators on average have been pointing out that it is a 50% Buy.
The stock’s technical analysis shows that the price of OR currently trading nearly 1.04% and -0.89% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 49.85, while the 7-day volatility ratio is showing 2.36% which for the 30-day chart, stands at 2.19%. Furthermore, Osisko Gold Royalties Ltd (OR)’s beta value is 1.03, and its average true range (ATR) is 0.49.
A comparison of Osisko Gold Royalties Ltd (OR) with its peers suggests the former has fared considerably weaker in the market. OR showed an intraday change of -0.16% in last session, and over the past year, it grew by 29.56%%.
Data on historical trading for Osisko Gold Royalties Ltd (NYSE:OR) indicates that the trading volumes over the past 10 days have averaged 0.53 and over the past 3 months, they’ve averaged 590.08K. According to company’s latest data on outstanding shares, there are 186.27 million shares outstanding.
Nearly 0.61% of Osisko Gold Royalties Ltd’s shares belong to company insiders and institutional investors own 81.99% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 1.93 million shares as on 2024-12-31, resulting in a short ratio of 3.83. The stock has risen by 3.65% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the OR stock heading into the next quarter.
