Osisko Gold Royalties Ltd (TSE:OR) Receives C$54.20 Consensus Target Price from Analysts

Shares of Osisko Gold Royalties Ltd (TSE:OR) have earned a consensus rating of “Moderate Buy” from the seven ratings firms that are currently covering the company, Marketbeat reports. Three analysts have rated the stock with a hold rating, three have assigned a buy rating and one has given a strong buy rating to the company. The average 12 month price objective among brokerages that have covered the stock in the last year is C$54.20.

OR has been the subject of several recent research reports. Stifel Nicolaus raised their target price on shares of Osisko Gold Royalties from C$70.00 to C$71.00 and gave the stock a “buy” rating in a report on Wednesday, April 15th. TD Securities reduced 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 report on Monday, February 23rd.

Insider Buying and Selling at Osisko Gold Royalties

In related news, Director Duncan Cornell Card sold 5,000 shares of the firm’s stock in a transaction on Monday, June 15th. The shares were sold at an average price of C$50.99, for a total transaction 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 stock was sold at an average price of C$53.85, for a total transaction of C$807,750.00. Company insiders own 0.38% of the company’s stock.

Osisko Gold Royalties Trading Up 1.0%

TSE OR opened at C$47.96 on Thursday. The company has a fifty day simple moving average of C$51.23 and a two-hundred day simple moving average of C$53.40. The stock has a market cap of C$8.99 billion, a P/E ratio of 35.79, a P/E/G ratio of 1.31 and a beta of 1.76. Osisko Gold Royalties has a 12-month low of C$33.86 and a 12-month high of C$65.54. The company has a current ratio of 4.11, a quick ratio of 0.98 and a debt-to-equity ratio of 0.31.

Osisko Gold Royalties (TSE:OR) last posted its quarterly earnings results on Wednesday, May 6th. The company reported C$0.56 earnings per share (EPS) for the quarter. The business had revenue of C$142.97 million during 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.