Brokerages Set Osisko Gold Royalties Ltd (TSE:OR) Target Price at C$50.83

Shares of Osisko Gold Royalties Ltd (TSE:OR) have been assigned an average rating of “Moderate Buy” from the six brokerages that are currently covering the firm, Marketbeat Ratings reports. Three analysts have rated the stock with a hold rating, two have given a buy rating and one has given a strong buy rating to the company. The average 1-year target price among brokerages that have issued ratings on the stock in the last year is C$50.83.

OR has been the subject of several recent analyst reports. Raymond James Financial upgraded Osisko Gold Royalties from a “hold” rating to a “moderate buy” rating in a research note on Thursday, November 6th. TD Securities raised their price objective on shares of Osisko Gold Royalties from C$52.00 to C$66.00 in a report on Thursday, January 22nd. Stifel Nicolaus upped their target price on shares of Osisko Gold Royalties from C$61.00 to C$70.00 in a report on Tuesday, February 10th. Canaccord Genuity Group raised shares of Osisko Gold Royalties from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, October 22nd. Finally, Scotiabank lowered shares of Osisko Gold Royalties from a “strong-buy” rating to a “hold” rating in a research note on Thursday, October 23rd.

Osisko Gold Royalties Stock Up 6.1%

Osisko Gold Royalties stock opened at C$58.17 on Friday. The stock has a market cap of C$10.94 billion, a PE ratio of 74.58, a P/E/G ratio of 1.31 and a beta of 1.27. The company has a debt-to-equity ratio of 5.29, a current ratio of 4.40 and a quick ratio of 0.98. The stock’s fifty day moving average is C$53.91 and its two-hundred day moving average is C$49.59. Osisko Gold Royalties has a 1-year low of C$25.35 and a 1-year high of C$65.10.

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.