Osisko Gold Royalties (NYSE:OR) PT Raised to $19.00

Osisko Gold Royalties (NYSE:OR) had its target price upped by research analysts at Jefferies Financial Group from $15.00 to $19.00 in a research note issued to investors on Monday, BayStreet.CA reports. The brokerage presently has a “hold” rating on the basic materials company’s stock. Jefferies Financial Group’s price objective points to a potential upside of 20.48% from the stock’s previous close.

Osisko Gold Royalties Stock Performance

Shares of Osisko Gold Royalties stock opened at $15.77 on Monday. The company has a current ratio of 4.11, a quick ratio of 4.11 and a debt-to-equity ratio of 0.12. The business has a 50-day moving average price of $15.54 and a two-hundred day moving average price of $14.31. Osisko Gold Royalties has a 1-year low of $11.24 and a 1-year high of $17.96. The company has a market cap of $2.93 billion, a P/E ratio of -83.00 and a beta of 0.99.

Osisko Gold Royalties (NYSE:OR) last issued its earnings results on Tuesday, February 20th. The basic materials company reported $0.12 EPS for the quarter, beating the consensus estimate of $0.11 by $0.01. The company had revenue of $47.87 million during the quarter. Osisko Gold Royalties had a positive return on equity of 6.78% and a negative net margin of 19.34%. As a group, analysts anticipate that Osisko Gold Royalties will post 0.42 EPS for the current year.

Institutional Trading of Osisko Gold Royalties

Several large investors have recently made changes to their positions in OR. Anchor Investment Management LLC acquired a new stake in shares of Osisko Gold Royalties in the 4th quarter valued at about $72,000. Dubuque Bank & Trust Co acquired a new stake in shares of Osisko Gold Royalties in the 3rd quarter valued at about $133,000. Creekmur Asset Management LLC bought a new position in Osisko Gold Royalties in the 4th quarter valued at about $136,000. Stansberry Asset Management LLC bought a new position in Osisko Gold Royalties in the 3rd quarter valued at about $156,000. Finally, HTLF Bank bought a new position in Osisko Gold Royalties in the 4th quarter valued at about $162,000. 68.52% of the stock is currently owned by institutional investors and hedge funds.

Osisko Gold Royalties Company Profile

Osisko Gold Royalties Ltd acquires and manages precious metal and other royalties, streams, and other interests in Canada and internationally. It also owns options on offtake; royalty/stream financings; and exclusive rights to participate in future royalty/stream financings on various projects. The company's primary asset is a 3-5% net smelter return royalty on the Canadian Malartic complex located in Canada.