Osisko Gold Royalties (TSE:OR) Hits New 1-Year Low – Here’s What Happened

Osisko Gold Royalties Ltd (TSE:OR)’s share price reached a new 52-week low during mid-day trading on Tuesday. The stock traded as low as C$3.06 and last traded at C$45.10, with a volume of 251,938 shares. The stock had previously closed at C$45.90.

Wall Street Analyst Weigh In

Separately, Canadian Imperial Bank of Commerce cut their price target on shares of Osisko Gold Royalties from C$88.00 to C$85.00 in a report on Thursday, July 16th. Two equities research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of C$73.33.

Osisko Gold Royalties Price Performance

The company has a debt-to-equity ratio of 14.78, a current ratio of 2.28 and a quick ratio of 0.98. The stock’s 50 day moving average price is C$49.62 and its two-hundred day moving average price is C$50.85. The firm has a market capitalization of C$8.45 billion, a price-to-earnings ratio of 30.07, a PEG ratio of 1.31 and a beta of 1.83.

Osisko Gold Royalties (TSE:OR) last issued its quarterly earnings results on Wednesday, August 5th. The company reported C$0.46 earnings per share (EPS) for the quarter. Osisko Gold Royalties had a return on equity of 21.84% and a net margin of 80.76%. The company had revenue of C$138.98 million for the quarter.

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.