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Investment analysts at RBC Capital began coverage on shares of Osisko Gold Royalties (TSE:OR) in a note issued to investors on Wednesday. The firm set an “outperform” rating and a C$18.00 price target on the stock. RBC Capital’s price objective would indicate a potential upside of 21.79% from the stock’s previous close.

Shares of Osisko Gold Royalties (TSE:OR) traded up 4.59% during mid-day trading on Wednesday, hitting $14.80. 195,049 shares of the company’s stock traded hands.

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