Osisko Gold Royalties Ltd (TSE:OR) Receives Consensus Rating of “Moderate Buy” from Brokerages

Shares of Osisko Gold Royalties Ltd (TSE:OR) have been assigned an average rating of “Moderate Buy” from the six brokerages that are presently covering the stock, Marketbeat.com reports. Three analysts have rated the stock with a hold rating, two have issued a buy rating and one has given a strong buy rating to the company. The average twelve-month price target among brokerages that have covered the stock in the last year is C$63.20.

Several equities analysts have recently issued reports on the stock. Canadian Imperial Bank of Commerce lowered their target price on shares of Osisko Gold Royalties from C$88.00 to C$85.00 in a report on Thursday. Stifel Nicolaus upped their price target on Osisko Gold Royalties from C$70.00 to C$71.00 and gave the stock a “buy” rating in a research note on Wednesday, April 15th.

Insider Buying and Selling at Osisko Gold Royalties

In other news, Director Duncan Cornell Card sold 5,000 shares of the stock in a transaction on Monday, June 15th. The stock was sold at an average price of C$50.99, for a total value of C$254,950.00. Also, Director Everard Trenton Richards sold 15,000 shares of the firm’s stock in a transaction on Tuesday, May 12th. The shares were sold at an average price of C$53.85, for a total value of C$807,750.00. Insiders own 0.38% of the company’s stock.

Osisko Gold Royalties Stock Performance

Shares of TSE OR opened at C$39.65 on Monday. Osisko Gold Royalties has a 1 year low of C$37.10 and a 1 year high of C$65.54. The stock has a market cap of C$7.43 billion, a P/E ratio of 29.59, a price-to-earnings-growth ratio of 1.31 and a beta of 1.85. The firm has a 50-day moving average of C$47.14 and a 200 day moving average of C$52.59. The company has a debt-to-equity ratio of 0.31, a current ratio of 4.11 and a quick ratio of 0.98.

Osisko Gold Royalties (TSE:OR) last posted its quarterly earnings data on Wednesday, May 6th. The company reported C$0.56 EPS for the quarter. The business had revenue of C$142.97 million for the quarter. Osisko Gold Royalties had a net margin of 82.42% and a return on equity of 19.91%.

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.