Osisko Gold Royalties Ltd (TSE:OR) Receives C$57.75 Consensus Target Price from Analysts

Osisko Gold Royalties Ltd (TSE:OR) has earned an average recommendation of “Moderate Buy” from the six analysts that are covering the company, MarketBeat reports. Three research analysts have rated the stock with a hold recommendation, two have issued a buy recommendation and one has issued a strong buy recommendation on the company. The average 12-month target price among analysts that have issued ratings on the stock in the last year is C$63.20.

OR has been the subject of several research reports. Stifel Nicolaus upped their price target on shares of Osisko Gold Royalties from C$70.00 to C$71.00 and gave the company a “buy” rating in a research report on Wednesday, April 15th. Canadian Imperial Bank of Commerce dropped their price objective on shares of Osisko Gold Royalties from C$88.00 to C$85.00 in a research note on Thursday.

Insider Activity

In related news, Director Duncan Cornell Card sold 5,000 shares of the firm’s stock in a transaction dated Monday, June 15th. The stock was sold at an average price of C$50.99, for a total transaction of C$254,950.00. Also, Director Everard Trenton Richards sold 15,000 shares of the firm’s stock in a transaction dated Tuesday, May 12th. The stock was sold at an average price of C$53.85, for a total value of C$807,750.00. 0.38% of the stock is currently owned by corporate insiders.

Osisko Gold Royalties Trading Up 0.6%

OR opened at C$39.65 on Monday. The company has a quick ratio of 0.98, a current ratio of 4.11 and a debt-to-equity ratio of 0.31. Osisko Gold Royalties has a 52 week low of C$37.10 and a 52 week high of C$65.54. The business’s 50 day moving average is C$47.14 and its two-hundred day moving average is C$52.56. The firm has a market cap of C$7.43 billion, a price-to-earnings ratio of 29.59, a price-to-earnings-growth ratio of 1.31 and a beta of 1.85.

Osisko Gold Royalties (TSE:OR) last posted its quarterly earnings data on Wednesday, May 6th. The company reported C$0.56 earnings per share for the quarter. The business had revenue of C$142.97 million during the quarter. Osisko Gold Royalties had a return on equity of 19.91% and a net margin of 82.42%.

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.