Osisko Gold Royalties (TSE:OR) PT Raised to C$26.00

Osisko Gold Royalties (TSE:ORGet Rating) had its price objective lifted by equities research analysts at Canaccord Genuity Group from C$25.00 to C$26.00 in a research report issued on Friday, BayStreet.CA reports. Canaccord Genuity Group’s target price points to a potential upside of 54.30% from the stock’s current price.

Several other research analysts have also commented on OR. National Bankshares lifted their price objective on shares of Osisko Gold Royalties from C$20.00 to C$22.00 in a research note on Wednesday. BMO Capital Markets dropped their price objective on shares of Osisko Gold Royalties from C$19.00 to C$18.00 in a research note on Monday. TD Securities lifted their target price on Osisko Gold Royalties from C$21.00 to C$23.00 and gave the stock a “buy” rating in a research report on Tuesday, April 5th. Scotiabank lifted their target price on Osisko Gold Royalties from C$22.50 to C$24.00 in a research report on Tuesday. Finally, Eight Capital boosted their target price on shares of Osisko Gold Royalties from C$24.00 to C$25.00 and gave the stock a “buy” rating in a report on Thursday. Eight equities research analysts have rated the stock with a buy rating, Based on data from MarketBeat, the company has a consensus rating of “Buy” and an average price target of C$22.59.

OR stock traded down C$0.21 during trading on Friday, hitting C$16.85. 265,685 shares of the stock traded hands, compared to its average volume of 517,615. Osisko Gold Royalties has a 1 year low of C$13.60 and a 1 year high of C$18.59. The firm’s 50 day moving average is C$16.86 and its two-hundred day moving average is C$15.69. The stock has a market cap of C$3.11 billion and a price-to-earnings ratio of -119.50. The company has a debt-to-equity ratio of 24.09, a current ratio of 0.44 and a quick ratio of 0.38.

Osisko Gold Royalties (TSE:ORGet Rating) last announced its quarterly earnings results on Thursday, February 24th. The company reported C$0.02 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of C$0.12 by C($0.10). The firm had revenue of C$50.67 million for the quarter. As a group, analysts anticipate that Osisko Gold Royalties will post 0.56 EPS for the current fiscal year.

Osisko Gold Royalties Company Profile (Get Rating)

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

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