In last trading session, Osisko Gold Royalties Ltd (NYSE:OR) saw 0.4 million shares changing hands with its beta currently measuring 0.59. Company’s recent per share price level of $11.66 trading at -$0.17 or -1.44% at ring of the bell on the day assigns it a market valuation of $2.47B. That closing price of OR’s stock is at a discount of -29.67% from its 52-week high price of $15.12 and is indicating a premium of 16.21% from its 52-week low price of $9.77. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 0.5 million shares which gives us an average trading volume of 607.51K if we extend that period to 3-months.
For Osisko Gold Royalties Ltd (OR), analysts’ consensus is at an average recommendation of a Buy. Splitting up the data highlights that, out of 14 analysts covering the stock, 0 rated the stock as a Sell while 2 recommended an Overweight rating for the stock. 1 suggested the stock as a Hold whereas 11 see the stock as a Buy. 0 analyst(s) advised it as an Underweight. The company is expected to be making an EPS of $0 in the current quarter.
Osisko Gold Royalties Ltd (NYSE:OR) trade information
Upright in the red during last session for losing -1.44%, in the last five days OR remained trading in the green while hitting it’s week-highest on Thursday, 01/13/22 when the stock touched $11.66 price level, adding 4.27% to its value on the day. Osisko Gold Royalties Ltd’s shares saw a change of -4.82% in year-to-date performance and have moved 3.55% in past 5-day. Osisko Gold Royalties Ltd (NYSE:OR) showed a performance of 3.83% in past 30-days. Number of shares sold short was 2.89 million shares which calculate 4.09 days to cover the short interests.
Wall Street analysts have assigned a consensus price target of $17.65 to the stock, which implies a rise of 33.94% to its current value. Analysts have been projecting $13.00 as a low price target for the stock while placing it at a high target of $21.30. It follows that stock’s current price would drop -82.68% in reaching the projected high whereas dropping to the targeted low would mean a loss of -11.49% for stock’s current value.
Osisko Gold Royalties Ltd (OR) estimates and forecasts
Statistics highlight that Osisko Gold Royalties Ltd is scoring comparatively higher than the scores of other players of the relevant industry. The company lost -9.75% of value to its shares in past 6 months, showing an annual growth rate of 85.71% while that of industry is 0.80. Apart from that, the company came raising its revenue forecast for fiscal year 2022.
Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of -20.30% during past 5 years. In 2022, company’s earnings growth rate is likely to be around 106.70% while estimates for its earnings growth in next 5 years are of 34.00%.
Osisko Gold Royalties Ltd is more likely to be releasing its next quarterly report between February 22 and February 28 and investors are confident in the company announcing better current-quarter dividends despite the fact that it has been facing issues arising out of mounting debt. With an annual yield of 1.46%, the share has a forward dividend of 0.17 which implies that company’s dividend yield remained growing in trailing twelve months while having a 5 year average dividend yield of 1.40%.
Osisko Gold Royalties Ltd (NYSE:OR)’s Major holders
Insiders are in possession of 0.54% of company’s total shares while institution are holding 78.93 percent of that, with stock having share float percentage of 79.36%. Investors also watch the number of corporate investors in a company very closely, which is 78.93% institutions for Osisko Gold Royalties Ltd that are currently holding shares of the company. Van Eck Associates Corporation is the top institutional holder at OR for having 15.23 million shares of worth $171.04 million. And as of Sep 29, 2021, it was holding 9.15% of the company’s outstanding shares.
The second largest institutional holder is Caisse De Depot Et Placement Du Quebec, which was holding about 14.75 million shares on Sep 29, 2021. The number of shares represents firm’s hold over 8.86% of outstanding shares, having a total worth of $165.7 million.
On the other hand, VanEck Vectors ETF Tr-Gold Miners ETF and VanEck Vectors ETF Tr-Junior Gold Miners ETF are the top two Mutual Funds which own company’s shares. As of Sep 29, 2021, the former fund manager was holding 8.54 million shares of worth $95.91 million or 5.13% of the total outstanding shares. The later fund manager was in possession of 5.61 million shares on Sep 29, 2021, making its stake of worth around $63.01 million in the company or a holder of 3.37% of company’s stock.