Analysts Set Osisko Gold Royalties Ltd (TSE:OR) PT at C$50.67

Shares of Osisko Gold Royalties Ltd (TSE:OR) have been given an average rating of “Moderate Buy” by the seven brokerages that are covering the stock, Marketbeat reports. Three equities research analysts have rated the stock with a hold rating, three have assigned a buy rating and one has assigned a strong buy rating to the company. The average 1 year target price among analysts that have updated their coverage on the stock in the last year is C$50.67.

Several brokerages have weighed in on OR. TD Securities reduced their price objective on Osisko Gold Royalties from C$67.00 to C$64.00 and set a “hold” rating on the stock in a research note on Monday, February 23rd. Stifel Nicolaus boosted their price objective on Osisko Gold Royalties from C$70.00 to C$71.00 and gave the stock a “buy” rating in a research note on Wednesday, April 15th.

Osisko Gold Royalties Trading Up 0.1%

Shares of TSE OR opened at C$49.20 on Wednesday. The business’s 50 day moving average is C$55.13 and its two-hundred day moving average is C$52.64. The company has a debt-to-equity ratio of 0.61, a current ratio of 4.53 and a quick ratio of 0.98. Osisko Gold Royalties has a 1-year low of C$31.35 and a 1-year high of C$65.54. The stock has a market capitalization of C$9.22 billion, a P/E ratio of 45.14, a PEG ratio of 1.31 and a beta of 1.71.

Osisko Gold Royalties (TSE:OR) last issued its quarterly earnings data on Wednesday, February 18th. The company reported C$0.44 earnings per share for the quarter. Osisko Gold Royalties had a return on equity of 14.10% and a net margin of 74.23%.The company had revenue of C$120.46 million for the quarter.

Osisko Gold Royalties Company Profile

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.