Osisko Gold Royalties Ltd (TSE:OR) Receives Average Recommendation of “Moderate Buy” from Analysts

Osisko Gold Royalties Ltd (TSE:OR) has received an average recommendation of “Moderate Buy” from the six analysts that are currently covering the firm, MarketBeat Ratings reports. Three investment analysts have rated the stock with a hold recommendation, two have assigned a buy recommendation and one has assigned a strong buy recommendation to the company. The average twelve-month price target among brokerages that have covered the stock in the last year is C$63.20.

Separately, Canadian Imperial Bank of Commerce cut their price target on shares of Osisko Gold Royalties from C$88.00 to C$85.00 in a report on Thursday, July 16th.

Osisko Gold Royalties Stock Performance

Shares of TSE:OR opened at C$51.63 on Tuesday. The firm has a market capitalization of C$9.67 billion, a PE ratio of 34.42, a P/E/G ratio of 1.31 and a beta of 1.93. The company has a debt-to-equity ratio of 14.78, a current ratio of 2.28 and a quick ratio of 0.98. The business has a 50-day moving average of C$45.37 and a two-hundred day moving average of C$50.17. Osisko Gold Royalties has a 12 month low of C$38.58 and a 12 month high of C$65.54.

Osisko Gold Royalties (TSE:OR) last released its quarterly earnings data on Wednesday, August 5th. The company reported C$0.46 earnings per share for the quarter. Osisko Gold Royalties had a return on equity of 21.84% and a net margin of 80.76%.The business had revenue of C$138.98 million for the quarter.

Insider Activity at Osisko Gold Royalties

In related news, Director Duncan Cornell Card sold 5,000 shares of Osisko Gold Royalties stock in a transaction on Monday, June 15th. The shares were sold at an average price of C$50.99, for a total transaction of C$254,950.00. Corporate insiders own 0.38% of the company’s stock.

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.