Osisko Gold Royalties Ltd (NYSE: OR): Retirees Don’t Worry About Volatility

Osisko Gold Royalties Ltd (NYSE:OR) currently has a daily average trading volume of 855.34K but it saw 2060040 shares traded in last market. With a market cap of 4.06B USD, the company’s current market price of $21.81 came rising about 6.86 while comparing to the previous closing price of $20.41. In past 52 weeks, the stock remained buoying in the range of price level as high as $21.42 and as low as $15.12. In the recent trading on the day, stock has struck highest price mark of $20.31 while lowest mark touched by it was $21.91.

Taking a look at 20-day trading activity of Osisko Gold Royalties Ltd (OR) gives us an average price of $20.49, while its current price level is 1.82% below from 52-week high level whereas it is 44.25% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $19.61 while that of 200 days or SMA-200 reads an average of $18.65. A closer look into the stock’s movement over the week reveals that its volatility is standing at 6.61% during that period while stretching the period over a month that decreases to 3.83%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 63.92 which implies that the stock is in neutral territory.

Jefferies upgraded its recommendation for the stock as a “Buy” from “Hold” on July 12, 2024 while assigning a price target of $19. Jefferies issued its recommendations for the stock as it initiated the price target for the stock is $15.

Over the week, OR’s stock price is moving 3.96% up while it is 14.97% when we observe its performance for the past one month. Year-to-date it is 20.50% up and over the past year, the stock is showing an upside performance of 33.23%.

Currently, Osisko Gold Royalties Ltd’s total number of outstanding shares is 186.68M. Company’s return on investment (ROI) stands at 1.26% and return on equity (ROE) at 1.33%. It has a price to earnings ratio (P/E ratio) of 253.31 while having a 31.72 of forward P/E ratio. Stock’s beta reads 0.80. Stock has a price to book (P/B) ratio of 3.42 while price to sale or P/S ratio amounts to 21.25. Its return on asset (ROA) is 1.12% on average.