Stifel Nicolaus Raises Osisko Gold Royalties (TSE:OR) Price Target to C$71.00

Osisko Gold Royalties (TSE:OR) had its price target boosted by stock analysts at Stifel Nicolaus from C$70.00 to C$71.00 in a report issued on Wednesday,BayStreet.CA reports. The brokerage presently has a “buy” rating on the stock. Stifel Nicolaus’ price objective would indicate a potential upside of 26.67% from the stock’s current price.

Separately, TD Securities cut their price target on Osisko Gold Royalties from C$67.00 to C$64.00 and set a “hold” rating for the company in a research note on Monday, February 23rd. One investment analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating and three have assigned a Hold rating to the stock. Based on data from MarketBeat, Osisko Gold Royalties has an average rating of “Moderate Buy” and a consensus price target of C$50.67.

Osisko Gold Royalties Stock Up 1.7%

OR stock opened at C$56.05 on Wednesday. Osisko Gold Royalties has a 12-month low of C$30.78 and a 12-month high of C$65.54. The company has a quick ratio of 0.98, a current ratio of 4.53 and a debt-to-equity ratio of 0.61. The company has a market cap of C$10.51 billion, a price-to-earnings ratio of 51.42, a PEG ratio of 1.31 and a beta of 1.69. The company has a 50 day moving average of C$56.03 and a two-hundred day moving average of C$52.77.

Osisko Gold Royalties (TSE:OR) last announced its quarterly earnings data on Wednesday, February 18th. The company reported C$0.44 earnings per share (EPS) for the quarter. Osisko Gold Royalties had a return on equity of 14.10% and a net margin of 74.23%.The business had revenue of C$120.46 million during the quarter.

Osisko Gold Royalties Company Profile

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.