Osisko Gold Royalties (TSE:OR) Stock Price Expected to Rise, Stifel Nicolaus Analyst Says

Osisko Gold Royalties (TSE:OR) had its target price hoisted by Stifel Nicolaus from C$70.00 to C$71.00 in a report released on Wednesday,BayStreet.CA reports. The firm currently has a “buy” rating on the stock. Stifel Nicolaus’ price objective points to a potential upside of 28.83% from the stock’s previous close.

Separately, TD Securities lowered their price objective on Osisko Gold Royalties from C$67.00 to C$64.00 and set a “hold” rating for the company in a research report on Monday, February 23rd. One analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating and three have issued a Hold rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of C$50.67.

Osisko Gold Royalties Trading Down 0.3%

Shares of TSE:OR traded down C$0.16 during mid-day trading on Wednesday, reaching C$55.11. 144,894 shares of the company’s stock were exchanged, compared to its average volume of 457,434. The firm has a market capitalization of C$10.33 billion, a price-to-earnings ratio of 50.56, a PEG ratio of 1.31 and a beta of 1.69. The business’s fifty day moving average price is C$55.99 and its 200-day moving average price is C$52.73. 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 twelve month low of C$30.78 and a twelve month high of C$65.54.

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

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.