TD Securities Increases Osisko Gold Royalties (TSE:OR) Price Target to C$66.00

Osisko Gold Royalties (TSE:OR) had its target price raised by analysts at TD Securities from C$52.00 to C$66.00 in a report issued on Thursday,BayStreet.CA reports. TD Securities’ price target suggests a potential upside of 6.57% from the stock’s current price.

Other equities analysts have also recently issued reports about the stock. 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. Scotiabank lowered shares of Osisko Gold Royalties from a “strong-buy” rating to a “hold” rating in a research report on Thursday, October 23rd. Raymond James Financial raised shares of Osisko Gold Royalties from a “hold” rating to a “moderate buy” rating in a research report on Thursday, November 6th. Finally, Jefferies Financial Group cut shares of Osisko Gold Royalties from a “buy” rating to a “hold” rating and set a C$40.00 target price for the company. in a research note on Sunday, October 5th. One equities research 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 company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of C$45.50.

Osisko Gold Royalties Stock Down 0.8%

Shares of OR stock opened at C$61.93 on Thursday. Osisko Gold Royalties has a 12 month low of C$25.35 and a 12 month high of C$63.13. The firm has a market cap of C$11.64 billion, a PE ratio of 79.40, a price-to-earnings-growth ratio of 1.31 and a beta of 1.21. The stock has a 50 day moving average of C$50.75 and a 200-day moving average of C$47.35. The company has a quick ratio of 0.98, a current ratio of 4.40 and a debt-to-equity ratio of 5.29.

Insider Buying and Selling at Osisko Gold Royalties

In other news, insider Guy Desharnais sold 4,407 shares of the firm’s stock in a transaction dated Monday, November 17th. The stock was sold at an average price of C$45.15, for a total value of C$198,976.05. Following the completion of the transaction, the insider owned 24,814 shares in the company, valued at C$1,120,352.10. This trade represents a 15.08% decrease in their position. 0.38% of the stock is owned by insiders.

Osisko Gold Royalties Company Profile

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.