TD Securities Cuts Osisko Gold Royalties (TSE:OR) Price Target to C$30.00

Osisko Gold Royalties (TSE:OR) had its price target cut by analysts at TD Securities from C$31.00 to C$30.00 in a report released on Tuesday,BayStreet.CA reports. The brokerage currently has a “hold” rating on the stock. TD Securities’ price objective suggests a potential upside of 15.43% from the company’s previous close.

A number of other research firms have also issued reports on OR. BMO Capital Markets raised their target price on Osisko Gold Royalties from C$27.00 to C$28.00 in a report on Thursday, November 7th. National Bankshares decreased their price target on Osisko Gold Royalties from C$35.00 to C$34.00 and set an “outperform” rating on the stock in a research note on Tuesday, February 11th. Finally, CIBC lifted their price objective on Osisko Gold Royalties from C$36.00 to C$39.00 in a research report on Monday, December 2nd.

Osisko Gold Royalties Stock Down 1.9 %

TSE OR traded down C$0.49 during trading on Tuesday, reaching C$25.99. 898,353 shares of the company’s stock were exchanged, compared to its average volume of 335,476. The company’s fifty day simple moving average is C$27.09 and its 200-day simple moving average is C$26.12. Osisko Gold Royalties has a fifty-two week low of C$18.56 and a fifty-two week high of C$29.59. The firm has a market capitalization of C$4.85 billion, a PE ratio of -88.30, a P/E/G ratio of 1.31 and a beta of 0.90. The company has a current ratio of 4.40, a quick ratio of 0.98 and a debt-to-equity ratio of 5.29.

About Osisko Gold Royalties

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.