Osisko Gold Royalties (TSE:OR) Share Price Passes Below Two Hundred Day Moving Average - What's Next?

Key Points

• Technical action: OR shares dipped below their 200-day moving average (C$52.62), trading as low as C$51.45 intraday before last trading at C$52.83, with the 50-day MA at C$54.96 — indicating near-term volatility and technical weakness.
• Analyst view: Sentiment is mixed but mildly positive, with a consensus rating of "Moderate Buy" and an average price target of C$50.67; individual targets range from C$64 (TD, hold) to C$71 (Stifel, buy).
• Recent results and metrics: Q earnings were C$0.56 EPS on C$142.97M revenue, the stock has a market cap of C$9.90B, a P/E of 48.47 and a high net margin of 74.23%, underscoring strong profitability despite a rich valuation.

Osisko Gold Royalties Ltd (TSE:OR - Get Free Report) crossed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of C$52.62 and traded as low as C$51.45. Osisko Gold Royalties shares last traded at C$52.83, with a volume of 343,628 shares changing hands.

Wall Street Analyst Weigh In

A number of equities analysts have issued reports on the company. Stifel Nicolaus increased their price target on Osisko Gold Royalties from C$70.00 to C$71.00 and gave the company a "buy" rating in a research note on Wednesday, April 15th. TD Securities decreased their price target on Osisko Gold Royalties from C$67.00 to C$64.00 and set a "hold" rating for the company in a research note on Monday, February 23rd. One research analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating and three have issued a Hold rating to the company. According to data from MarketBeat, the company has an average rating of "Moderate Buy" and a consensus price target of C$50.67.

Osisko Gold Royalties Trading Up 7.4%

The business has a 50 day simple moving average of C$54.96 and a 200-day simple moving average of C$52.62. The company has a debt-to-equity ratio of 0.61, a quick ratio of 0.98 and a current ratio of 4.53. The stock has a market capitalization of C$9.90 billion, a P/E ratio of 48.47, a price-to-earnings-growth ratio of 1.31 and a beta of 1.71.

Osisko Gold Royalties (TSE:OR - Get Free Report) last issued its quarterly earnings results on Wednesday, May 6th. The company reported C$0.56 earnings per share (EPS) for the quarter. The firm had revenue of C$142.97 million during the quarter. Osisko Gold Royalties had a return on equity of 14.10% and a net margin of 74.23%.

About Osisko Gold Royalties

OR Royalties is a precious metals royalty and streaming company focused on Tier-1 mining jurisdictions defined as Canada, the United States, and Australia. OR Royalties commenced activities in June 2014 with a single producing asset, and today holds a portfolio of over 195 royalties, streams and similar interests. OR Royalties' portfolio is anchored by its cornerstone asset, the 3-5% net smelter return royalty on Agnico Eagle Mines Limited's Canadian Malartic Complex, one of the world's largest gold mines.

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