Osisko Gold Royalties (TSE:OR) Upgraded at Raymond James Financial

Raymond James Financial upgraded shares of Osisko Gold Royalties (TSE:OR) from a hold rating to a moderate buy rating in a research report released on Thursday morning,Zacks.com reports.

A number of other equities research analysts have also recently commented on the company. Jefferies Financial Group cut Osisko Gold Royalties from a “buy” rating to a “hold” rating and set a C$40.00 target price on the stock. in a research note on Sunday, October 5th. TD Securities upped their price target on shares of Osisko Gold Royalties from C$35.00 to C$40.00 in a research note on Wednesday, July 16th. Canaccord Genuity Group upgraded shares of Osisko Gold Royalties from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, October 22nd. Finally, Scotiabank cut shares of Osisko Gold Royalties from a “strong-buy” rating to a “hold” rating in a report on Thursday, October 23rd. One investment analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating and three have issued a Hold rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of C$40.86.

Osisko Gold Royalties Stock Performance

Osisko Gold Royalties stock opened at C$44.84 on Thursday. Osisko Gold Royalties has a twelve month low of C$25.35 and a twelve month high of C$58.84. The company has a quick ratio of 0.98, a current ratio of 4.40 and a debt-to-equity ratio of 5.29. The company has a market capitalization of C$8.44 billion, a P/E ratio of 57.49, a PEG ratio of 1.31 and a beta of 1.28. The stock’s 50 day moving average is C$49.86 and its 200 day moving average is C$41.32.

About Osisko Gold Royalties

Osisko is an intermediate precious metal royalty company focused on the Americas that commenced activities in June 2014. Osisko holds a North American focused portfolio of over 175 royalties, streams and precious metal offtakes. Osisko’s portfolio is anchored by its cornerstone asset, a 5% net smelter return royalty on the Canadian Malartic mine, which is the largest gold mine in Canada.