Osisko Gold Royalties (TSE:OR) Price Target Cut to C$64.00 by Analysts at TD Securities

Osisko Gold Royalties (TSE:OR) had its price target reduced by TD Securities from C$67.00 to C$64.00 in a research note released on Monday,BayStreet.CA reports. They currently have a hold rating on the stock.

A number of other equities research analysts have also weighed in on the company. Raymond James Financial upgraded Osisko Gold Royalties from a “hold” rating to a “moderate buy” rating in a research report on Thursday, November 6th. Stifel Nicolaus boosted their price target on Osisko Gold Royalties from C$61.00 to C$70.00 in a report on Tuesday, February 10th. One investment analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating and three have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of C$50.50.

Osisko Gold Royalties Stock Performance

Shares of Osisko Gold Royalties stock opened at C$61.26 on Monday. The company’s 50 day moving average price is C$55.19 and its two-hundred day moving average price is C$50.40. The firm has a market capitalization of C$11.52 billion, a P/E ratio of 78.54, a P/E/G ratio of 1.31 and a beta of 1.27. Osisko Gold Royalties has a fifty-two week low of C$25.35 and a fifty-two week high of C$65.10. 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 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.