Osisko Gold Royalties (TSE:OR) Price Target Raised to C$33.00

Osisko Gold Royalties (TSE:OR) had its price target upped by BMO Capital Markets from C$31.00 to C$33.00 in a research note issued to investors on Wednesday morning,BayStreet.CA reports.

Several other equities analysts also recently issued reports on the stock. Scotiabank raised shares of Osisko Gold Royalties from a “hold” rating to a “strong-buy” rating in a report on Monday, April 14th. TD Securities boosted their price target on Osisko Gold Royalties from C$30.00 to C$35.00 in a research note on Tuesday, April 15th. National Bankshares upped their target price on Osisko Gold Royalties from C$34.00 to C$35.50 and gave the stock an “outperform” rating in a research report on Wednesday, April 2nd. Finally, Stifel Nicolaus upped their target price on Osisko Gold Royalties from C$33.00 to C$38.00 in a research note on Monday, April 21st.

Osisko Gold Royalties Stock Performance

Shares of OR opened at C$35.51 on Wednesday. The company has a 50-day simple moving average of C$32.57 and a 200-day simple moving average of C$29.19. The company has a quick ratio of 0.98, a current ratio of 4.40 and a debt-to-equity ratio of 5.29. The company has a market capitalization of C$6.63 billion, a PE ratio of -120.64, a P/E/G ratio of 1.31 and a beta of 0.90. Osisko Gold Royalties has a 52-week low of C$20.67 and a 52-week high of C$37.66.

Insider Activity

In other Osisko Gold Royalties news, Director Michael David Saynor Spencer sold 4,992 shares of the stock in a transaction that occurred on Thursday, April 17th. The stock was sold at an average price of C$32.79, for a total value of C$163,687.68. Also, Senior Officer Iain Wesley Farmer sold 26,100 shares of the firm’s stock in a transaction that occurred on Wednesday, April 16th. The shares were sold at an average price of C$32.92, for a total value of C$859,219.83. Corporate 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.