TSX:ORMetals and Mining
OR Royalties (TSX:OR) Valuation After Renewed Share Buyback and Strong Recent Share Price Gains
OR Royalties (TSX:OR) just renewed its normal course issuer bid, giving management the green light to buy back and cancel up to 5% of its shares, which can be interpreted as a signal of confidence in the business.
See our latest analysis for OR Royalties.
That buyback renewal comes after a powerful run, with the share price at $48.08 and a year to date share price return of 79.07%. The five year total shareholder return of 240.67% shows longer term momentum has been firmly building rather...