Osisko Gold Royalties (TSE:OR) Cut to “Hold” at Jefferies Financial Group

Jefferies Financial Group lowered shares of Osisko Gold Royalties (TSE:OR) from a buy rating to a hold rating in a research report sent to investors on Sunday, MarketBeat.com reports. The firm currently has C$40.00 price target on the stock.

Several other research firms have also issued reports on OR. National Bankshares lifted their target price on shares of Osisko Gold Royalties from C$38.00 to C$40.00 and gave the company an “outperform” rating in a report on Tuesday, June 24th. Canaccord Genuity Group lowered shares of Osisko Gold Royalties from a “buy” rating to a “hold” rating and lifted their target price for the company from C$44.00 to C$56.00 in a report on Thursday, October 2nd. Finally, TD Securities lifted their target price on shares of Osisko Gold Royalties from C$35.00 to C$40.00 in a report on Wednesday, July 16th. One equities research analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating and three have issued a Hold rating to the stock. According to data from MarketBeat, Osisko Gold Royalties currently has an average rating of “Moderate Buy” and an average target price of C$40.86.

Osisko Gold Royalties Stock Performance

Shares of OR opened at C$57.01 on Friday. The company has a debt-to-equity ratio of 5.29, a current ratio of 4.40 and a quick ratio of 0.98. Osisko Gold Royalties has a one year low of C$24.96 and a one year high of C$57.17. The company has a 50-day simple moving average of C$46.60 and a two-hundred day simple moving average of C$38.30. The firm has a market capitalization of C$10.73 billion, a PE ratio of 135.74, a price-to-earnings-growth ratio of 1.31 and a beta of 1.18.

Osisko Gold Royalties Company Profile

Osisko is an intermediate precious metal royalty company focused on the Americas that commenced activities in June 2014. Osisko holds a North American focused portfolio of over 175 royalties, streams and precious metal offtakes. Osisko’s portfolio is anchored by its cornerstone asset, a 5% net smelter return royalty on the Canadian Malartic mine, which is the largest gold mine in Canada.