Brokerages Set Osisko Gold Royalties Ltd (TSE:OR) PT at C$50.50

Shares of Osisko Gold Royalties Ltd (TSE:OR) have been assigned an average rating of “Moderate Buy” from the six analysts that are covering the stock, MarketBeat.com reports. Three equities research analysts have rated the stock with a hold recommendation, two have assigned a buy recommendation and one has issued a strong buy recommendation on the company. The average 1-year price target among analysts that have covered the stock in the last year is C$50.50.

Several equities analysts have issued reports on the stock. Stifel Nicolaus upped their price objective on shares of Osisko Gold Royalties from C$61.00 to C$70.00 in a research note on Tuesday, February 10th. TD Securities cut their target price on Osisko Gold Royalties from C$67.00 to C$64.00 and set a “hold” rating on the stock in a research report on Monday, February 23rd.

Osisko Gold Royalties Price Performance

Osisko Gold Royalties stock opened at C$55.40 on Friday. The company’s 50 day simple moving average is C$56.36 and its 200-day simple moving average is C$52.60. The company has a debt-to-equity ratio of 0.61, a quick ratio of 0.98 and a current ratio of 4.53. Osisko Gold Royalties has a 1 year low of C$27.08 and a 1 year high of C$65.54. The company has a market capitalization of C$10.39 billion, a price-to-earnings ratio of 50.83, a price-to-earnings-growth ratio of 1.31 and a beta of 1.69.

About Osisko Gold Royalties

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.