Osisko Gold Royalties Ltd (TSE:OR) Receives Consensus Recommendation of “Moderate Buy” from Analysts

Osisko Gold Royalties Ltd (TSE:OR) has received an average recommendation of “Moderate Buy” from the seven research firms that are presently covering the firm, Marketbeat Ratings reports. Three investment analysts have rated the stock with a hold rating, three have given a buy rating and one has issued a strong buy rating on the company. The average 1 year price target among brokerages that have covered the stock in the last year is C$54.20.

Several research analysts recently weighed in on the stock. TD Securities reduced their price target on shares of Osisko Gold Royalties from C$67.00 to C$64.00 and set a “hold” rating for the company in a research report on Monday, February 23rd. Stifel Nicolaus upped their price target on shares of Osisko Gold Royalties from C$70.00 to C$71.00 and gave the stock a “buy” rating in a research report on Wednesday, April 15th.

Osisko Gold Royalties Stock Down 1.3%

OR opened at C$50.90 on Thursday. Osisko Gold Royalties has a twelve month low of C$33.86 and a twelve month high of C$65.54. The company has a quick ratio of 0.98, a current ratio of 4.11 and a debt-to-equity ratio of 0.31. The company has a 50-day moving average price of C$51.66 and a 200 day moving average price of C$53.40. The company has a market cap of C$9.54 billion, a PE ratio of 37.99, a price-to-earnings-growth ratio of 1.31 and a beta of 1.76.

Osisko Gold Royalties (TSE:OR) last released its quarterly earnings results on Wednesday, May 6th. The company reported C$0.56 earnings per share for the quarter. Osisko Gold Royalties had a net margin of 82.42% and a return on equity of 19.91%. The firm had revenue of C$142.97 million during the quarter.

Insider Transactions at Osisko Gold Royalties

In other Osisko Gold Royalties news, Director Duncan Cornell Card sold 5,000 shares of the stock in a transaction dated Monday, June 15th. The shares were sold at an average price of C$50.99, for a total value of C$254,950.00. Also, Director Everard Trenton Richards sold 15,000 shares of the stock in a transaction dated Tuesday, May 12th. The shares were sold at an average price of C$53.85, for a total transaction of C$807,750.00. 0.38% of the stock is currently owned by corporate insiders.

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.