Osisko Gold Royalties (TSE:OR) Given New C$66.00 Price Target at TD Securities

Osisko Gold Royalties (TSE:OR) had its target price upped by TD Securities from C$52.00 to C$66.00 in a report published on Thursday,BayStreet.CA reports.

OR has been the topic of several other reports. Jefferies Financial Group downgraded Osisko Gold Royalties from a “buy” rating to a “hold” rating and set a C$40.00 price target on the stock. in a report on Sunday, October 5th. Canaccord Genuity Group upgraded Osisko Gold Royalties from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, October 22nd. Raymond James Financial upgraded Osisko Gold Royalties from a “hold” rating to a “moderate buy” rating in a research report on Thursday, November 6th. 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. One research 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 stock. According to MarketBeat, Osisko Gold Royalties currently has an average rating of “Moderate Buy” and an average price target of C$45.50.

Osisko Gold Royalties Stock Performance

Osisko Gold Royalties stock opened at C$62.40 on Thursday. 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 firm has a market capitalization of C$11.73 billion, a P/E ratio of 80.00, a price-to-earnings-growth ratio of 1.31 and a beta of 1.21. Osisko Gold Royalties has a 1-year low of C$25.35 and a 1-year high of C$62.70. The company’s 50-day moving average is C$50.42 and its 200 day moving average is C$47.18.

Insiders Place Their Bets

In other Osisko Gold Royalties news, insider Guy Desharnais sold 4,407 shares of the business’s stock in a transaction that occurred on Monday, November 17th. The stock was sold at an average price of C$45.15, for a total value of C$198,976.05. Following the sale, the insider owned 24,814 shares of the company’s stock, valued at C$1,120,352.10. The trade was a 15.08% decrease in their ownership of the stock. Company insiders own 0.38% of the company’s stock.

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.