Analysts Set Osisko Gold Royalties Ltd (TSE:OR) Target Price at C$50.67

Osisko Gold Royalties Ltd (TSE:OR) has earned an average recommendation of “Moderate Buy” from the seven ratings firms that are covering the firm, Marketbeat Ratings reports. Three investment analysts have rated the stock with a hold rating, three have given a buy rating and one has issued a strong buy rating on the company. The average 12-month price target among brokerages that have issued ratings on the stock in the last year is C$50.67.

A number of analysts have weighed in on the company. Stifel Nicolaus increased their price objective on Osisko Gold Royalties from C$70.00 to C$71.00 and gave the stock a “buy” rating in a research report on Wednesday, April 15th. TD Securities decreased their price objective on Osisko Gold Royalties from C$67.00 to C$64.00 and set a “hold” rating for the company in a research report on Monday, February 23rd.

Osisko Gold Royalties Trading Up 3.9%

OR opened at C$51.38 on Friday. Osisko Gold Royalties has a one year low of C$33.86 and a one year high of C$65.54. The company has a market cap of C$9.63 billion, a P/E ratio of 38.34, a PEG ratio of 1.31 and a beta of 1.71. The company has a debt-to-equity ratio of 0.31, a quick ratio of 0.98 and a current ratio of 4.11. The business’s 50-day simple moving average is C$52.20 and its 200-day simple moving average is C$53.15.

Osisko Gold Royalties (TSE:OR) last released 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 for the quarter. Osisko Gold Royalties had a return on equity of 16.55% and a net margin of 78.10%.

Insider Activity at Osisko Gold Royalties

In related news, Director Everard Trenton Richards sold 15,000 shares of Osisko Gold Royalties stock in a transaction on Tuesday, May 12th. The stock was sold at an average price of C$53.85, for a total transaction of C$807,750.00. 0.38% of the stock is owned by corporate insiders.

Osisko Gold Royalties Company Profile

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.