Osisko Gold Royalties Ltd (TSE:OR) Stock Rated “Moderate Buy” by Wall Street Brokerages

Osisko Gold Royalties Ltd (TSE:OR) has been given a consensus recommendation of “Moderate Buy” by the six ratings firms that are presently covering the company, Marketbeat reports. Three research analysts have rated the stock with a hold rating, two have given a buy rating and one has assigned a strong buy rating to the company. The average twelve-month target price among brokerages that have updated their coverage on the stock in the last year is C$63.20.

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

Osisko Gold Royalties Price Performance

Shares of OR opened at C$50.63 on Friday. The firm has a market capitalization of C$9.48 billion, a PE ratio of 33.75, a PEG ratio of 1.31 and a beta of 1.93. The company’s 50-day moving average is C$47.71 and its 200-day moving average is C$49.21. Osisko Gold Royalties has a fifty-two week low of C$38.58 and a fifty-two week high of C$65.54. The company has a debt-to-equity ratio of 14.78, a current ratio of 2.28 and a quick ratio of 0.98.

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