OR Royalties Inc. (OR:CA) (OR)
OR Royalties Inc. has just received a research report from BMO Capital Markets, raising its 12 month target for OR Royalties from C$27.00 to C$28.00, following the company’s acquisition of a silver stream on the South Railroad Project in Nevada.
Stock Forecast & Analysis
According to a consensus of seven analysts, the average 12-month price target for OR Royalties is CAD 31.61. This forecast reflects a blend of estimates across major Canadian financial institutions and brokerages that cover the stock regularly. In their valuation models, analysts consider a range of factors including the company’s streaming and royalty assets, operational partnerships, exposure to gold and silver prices, and macroeconomic drivers such as interest rates and inflation.
The average analyst rating is “Strong Buy,” indicating a high level of confidence in the company’s fundamentals and near-term growth trajectory. This rating suggests that most analysts believe the stock is currently undervalued or poised for outperformance relative to the broader materials sector.
Stock Performance
OR Royalties’ stock has shown impressive growth. Over the past week, the stock price increased by 5.78%, by 15.33% over the past month, and by 63.76% over the last year . Despite this upward trend, the current stock price of CAD 36.78 exceeds the average analyst target of CAD 31.61, suggesting a potential overvaluation.
Stock Target Advisor Analysis
Stock Target Advisor’s fundamental analysis indicates a “Slightly Bearish” outlook for OR Royalties, based on 7 positive signals and 9 negative signals. This mixed assessment highlights the need for investors to consider both the company’s growth prospects and potential risks.
Strategic Developments
The company’s acquisition of a silver stream on the South Railroad Project in Nevada has been a pivotal move, influencing analysts’ positive outlooks.
Despite the stock currently trading above the average price target (recently around CAD 36.78), many analysts believe the intrinsic value of OR’s portfolio may still justify higher multiples in the future, particularly if gold prices remain strong or if OR executes further accretive deals.
In summary, the “Strong Buy” rating reflects analyst confidence in the company’s long-term fundamentals, despite near-term valuation concerns. This outlook is supported by both operational momentum and a strong macro tailwind from precious metal markets.
STA Research (StockTargetAdvisor.com) is a independent Investment Research company that specializes in stock forecasting and analysis with integrated AI, based on our platform stocktargetadvisor.com, EST 2007.
