Osisko Gold Royalties (TSE:OR) PT Raised to C$28.00 at Raymond James

Osisko Gold Royalties (TSE:OR) had its price target lifted by equities researchers at Raymond James from C$26.00 to C$28.00 in a report released on Tuesday, BayStreet.CA reports. Raymond James’ price objective suggests a potential upside of 29.99% from the company’s previous close.

Several other analysts also recently weighed in on OR. Stifel Nicolaus lifted their target price on Osisko Gold Royalties from C$27.00 to C$28.00 and gave the company a “buy” rating in a research note on Friday, April 19th. TD Securities cut their target price on Osisko Gold Royalties from C$25.00 to C$23.00 and set a “buy” rating on the stock in a research note on Friday, February 23rd. National Bankshares cut their target price on Osisko Gold Royalties from C$25.00 to C$23.00 and set an “outperform” rating on the stock in a research note on Thursday, February 22nd. Finally, CIBC lifted their target price on Osisko Gold Royalties from C$28.50 to C$33.00 in a research note on Monday, April 15th. One investment analyst has rated the stock with a hold rating and six have issued a buy rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of C$26.56.

Osisko Gold Royalties Trading Down 0.0 %

Shares of TSE OR opened at C$21.54 on Tuesday. The company has a market cap of C$4.00 billion, a price-to-earnings ratio of -82.85, a price-to-earnings-growth ratio of 1.31 and a beta of 0.79. Osisko Gold Royalties has a 12-month low of C$15.42 and a 12-month high of C$24.42. The company has a current ratio of 4.11, a quick ratio of 0.98 and a debt-to-equity ratio of 12.11. The stock’s 50 day simple moving average is C$21.15 and its 200 day simple moving average is C$19.42.

Osisko Gold Royalties (TSE:OR) last announced its quarterly earnings results on Tuesday, February 20th. The company reported C$0.16 earnings per share (EPS) for the quarter, topping the consensus estimate of C$0.15 by C$0.01. The business had revenue of C$65.16 million for the quarter. Osisko Gold Royalties had a negative return on equity of 2.85% and a negative net margin of 19.55%. Equities research analysts expect that Osisko Gold Royalties will post 0.5493552 EPS for the current year.

Insider Buying and Selling

In related news, Director David Smith bought 10,000 shares of the firm’s stock in a transaction that occurred on Monday, February 26th. The shares were acquired at an average cost of C$18.98 per share, for a total transaction of C$189,800.00. In other news, Senior Officer Iain Wesley Farmer sold 19,600 shares of Osisko Gold Royalties stock in a transaction on Monday, March 11th. The stock was sold at an average price of C$22.08, for a total transaction of C$432,864.04. Also, Director David Smith purchased 10,000 shares of the stock in a transaction dated Monday, February 26th. The shares were acquired at an average price of C$18.98 per share, for a total transaction of C$189,800.00. Insiders have sold 53,184 shares of company stock worth $1,158,088 in the last three months. 0.57% of the stock is currently owned by insiders.

Osisko Gold Royalties Company Profile

Osisko Gold Royalties Ltd acquires and manages precious metal and other royalties, streams, and other interests in Canada and internationally. It also owns options on offtake; royalty/stream financings; and exclusive rights to participate in future royalty/stream financings on various projects. The company's primary asset is a 3-5% net smelter return royalty on the Canadian Malartic complex located in Canada.