Osisko Gold Royalties saw its IBD SmartSelect Composite Rating jump to 96 Friday, up from 94 the day before.
The revised score means the stock currently tops 96% of all other stocks in terms of key performance metrics and technical strength. History shows the top market performers tend to have a 95 or higher score as they launch their major climbs.
Osisko Gold Royalties is currently forming a double bottom, with a 20.73 entry. See if the stock can break out in volume at least 40% higher than normal.
Lean How — And When — To Sell Stocks
The stock has a 93 EPS Rating, which means its recent quarterly and annual earnings growth is outpacing 93% of all stocks.
Its Accumulation/Distribution Rating of D- shows moderate selling by institutional investors over the last 13 weeks. Look for the rating to improve to at least a C or better.
In Q4, the company posted 33% EPS growth. Revenue growth increased 19%, up from -1% in the prior quarter. That marks one quarter of increasing revenue increases.
Osisko Gold Royalties holds the No. 28 rank among its peers in the Mining-Gold/Silver/Gems industry group. Alamos Gold, AngloGold Ashanti and DRDGOLD ADR are among the top 5 highly-rated stocks within the group.
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