Osisko Gold Royalties Ltd (TSE:OR) Receives C$50.50 Consensus PT from Brokerages

Shares of Osisko Gold Royalties Ltd (TSE:OR) have received a consensus rating of “Moderate Buy” from the six analysts that are covering the company, Marketbeat.com reports. Three research analysts have rated the stock with a hold recommendation, two have given a buy recommendation and one has issued a strong buy recommendation on the company. The average 1-year price objective among analysts that have issued a report on the stock in the last year is C$50.50.

A number of equities analysts have commented on OR shares. Stifel Nicolaus boosted their price target on shares of Osisko Gold Royalties from C$61.00 to C$70.00 in a research report on Tuesday, February 10th. TD Securities cut their target price on shares of Osisko Gold Royalties from C$67.00 to C$64.00 and set a “hold” rating for the company in a research note on Monday, February 23rd.

Osisko Gold Royalties Stock Down 0.6%

OR opened at C$55.06 on Tuesday. The firm has a market cap of C$10.32 billion, a price-to-earnings ratio of 50.51, a PEG ratio of 1.31 and a beta of 1.40. The company has a debt-to-equity ratio of 0.61, a quick ratio of 0.98 and a current ratio of 4.53. The firm’s 50-day simple moving average is C$58.31 and its 200-day simple moving average is C$52.27. Osisko Gold Royalties has a twelve month low of C$27.08 and a twelve month high of C$65.54.

About Osisko Gold Royalties

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.