OR Royalties (NYSE:OR - Get Free Report) was downgraded by investment analysts at Wall Street Zen from a "buy" rating to a "hold" rating in a report issued on Saturday.
A number of other equities analysts have also weighed in on OR. Raymond James Financial boosted their target price on OR Royalties from $34.00 to $36.00 and gave the stock an "outperform" rating in a research report on Friday. Scotiabank boosted their target price on OR Royalties from $26.00 to $28.00 and gave the stock a "sector outperform" rating in a research report on Monday, July 7th. National Bankshares reissued an "outperform" rating on shares of OR Royalties in a research report on Tuesday, June 24th. Finally, CIBC reissued an "outperform" rating on shares of OR Royalties in a research report on Tuesday, July 15th. Six equities research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company's stock. According to data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and an average price target of $27.25.
View Our Latest Analysis on OR
OR Royalties Price Performance
Shares of NYSE:OR opened at $35.96 on Friday. OR Royalties has a fifty-two week low of $17.55 and a fifty-two week high of $36.20. The business has a 50-day simple moving average of $30.09 and a two-hundred day simple moving average of $25.41. The company has a debt-to-equity ratio of 0.03, a quick ratio of 4.73 and a current ratio of 4.73. The firm has a market cap of $6.77 billion, a price-to-earnings ratio of 97.19 and a beta of 0.72.
OR Royalties (NYSE:OR - Get Free Report) last issued its earnings results on Tuesday, August 5th. The basic materials company reported $0.13 earnings per share for the quarter, missing analysts' consensus estimates of $0.17 by ($0.04). OR Royalties had a return on equity of 8.56% and a net margin of 35.25%.The business had revenue of $60.36 million during the quarter, compared to analysts' expectations of $83.25 million. On average, analysts expect that OR Royalties will post 0.62 earnings per share for the current year.
Institutional Inflows and Outflows
A number of hedge funds have recently made changes to their positions in OR. Plato Investment Management Ltd bought a new position in shares of OR Royalties during the 1st quarter valued at approximately $56,000. Summit Securities Group LLC bought a new position in OR Royalties in the 1st quarter worth approximately $62,000. Employees Retirement System of Texas bought a new position in OR Royalties in the 4th quarter worth approximately $131,000. Hsbc Holdings PLC bought a new position in OR Royalties in the 1st quarter worth approximately $208,000. Finally, Autumn Glory Partners LLC bought a new position in OR Royalties in the 1st quarter worth approximately $232,000. 68.52% of the stock is currently owned by institutional investors.
About OR Royalties
(
Get Free Report)
Osisko Gold Royalties Ltd acquires and manages precious metal and other royalties, streams, and other interests in Canada and internationally. It also owns options on offtake; royalty/stream financings; and exclusive rights to participate in future royalty/stream financings on various projects. The company's primary asset is a 3-5% net smelter return royalty on the Canadian Malartic complex located in Canada.
See Also
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.
Before you consider OR Royalties, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and OR Royalties wasn't on the list.
While OR Royalties currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
We are about to experience the greatest A.I. boom in stock market history...
Thanks to a pivotal economic catalyst, specific tech stocks will skyrocket just like they did during the "dot com" boom in the 1990s.
That’s why, we’ve hand-selected 7 tiny tech disruptor stocks positioned to surge.
- The first pick is a tiny under-the-radar A.I. stock that's trading for just $3.00. This company already has 98 registered patents for cutting-edge voice and sound recognition technology... And has lined up major partnerships with some of the biggest names in the auto, tech, and music industry... plus many more.
- The second pick presents an affordable avenue to bolster EVs and AI development…. Analysts are calling this stock a “buy” right now and predict a high price target of $19.20, substantially more than its current $6 trading price.
- Our final and favorite pick is generating a brand-new kind of AI. It's believed this tech will be bigger than the current well-known leader in this industry… Analysts predict this innovative tech is gearing up to create a tidal wave of new wealth, fueling a $15.7 TRILLION market boom.
Right now, we’re staring down the barrel of a true once-in-a-lifetime moment. As an investment opportunity, this kind of breakthrough doesn't come along every day.
And the window to get in on the ground-floor — maximizing profit potential from this expected market surge — is closing quickly...
Simply enter your email below to get the names and tickers of the 7 small stocks with potential to make investors very, very happy.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
