Osisko Gold Royalties (TSE:OR - Get Free Report) had its price objective hoisted by equities researchers at BMO Capital Markets from C$27.00 to C$28.00 in a research note issued to investors on Thursday,BayStreet.CA reports. BMO Capital Markets' target price indicates a potential downside of 1.37% from the stock's previous close.
OR has been the subject of a number of other reports. Stifel Nicolaus increased their price target on Osisko Gold Royalties from C$29.00 to C$31.00 in a research note on Monday, October 21st. Jefferies Financial Group upgraded Osisko Gold Royalties from a "hold" rating to a "buy" rating in a research note on Friday, July 12th. Canaccord Genuity Group boosted their target price on shares of Osisko Gold Royalties from C$30.00 to C$31.00 in a research report on Tuesday, July 23rd. CIBC raised their target price on Osisko Gold Royalties from C$33.00 to C$34.00 in a report on Wednesday, July 10th. Finally, Scotiabank lifted their target price on shares of Osisko Gold Royalties from C$25.00 to C$27.00 in a report on Monday, August 19th. One research analyst has rated the stock with a hold rating and seven have assigned a buy rating to the company's stock. Based on data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and an average price target of C$29.63.
Check Out Our Latest Research Report on Osisko Gold Royalties
Osisko Gold Royalties Price Performance
Shares of OR traded up C$0.14 during mid-day trading on Thursday, reaching C$28.39. 118,417 shares of the stock traded hands, compared to its average volume of 292,015. Osisko Gold Royalties has a 1 year low of C$16.32 and a 1 year high of C$29.57. The firm has a fifty day moving average price of C$25.61 and a 200 day moving average price of C$23.65. The company has a market cap of C$5.29 billion, a price-to-earnings ratio of -56.78, a price-to-earnings-growth ratio of 1.31 and a beta of 0.90. The company has a current ratio of 4.92, a quick ratio of 0.98 and a debt-to-equity ratio of 7.00.
Osisko Gold Royalties (TSE:OR - Get Free Report) last posted its quarterly earnings data on Tuesday, August 6th. The company reported C$0.18 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of C$0.17 by C$0.01. The firm had revenue of C$64.85 million during the quarter. Osisko Gold Royalties had a negative return on equity of 5.46% and a negative net margin of 36.86%.
Insider Activity at Osisko Gold Royalties
In other news, Director Everard Trenton Richards sold 15,000 shares of the firm's stock in a transaction dated Friday, August 9th. The shares were sold at an average price of C$22.19, for a total value of C$332,913.00. In other Osisko Gold Royalties news, Director Everard Trenton Richards sold 15,000 shares of Osisko Gold Royalties stock in a transaction on Friday, August 9th. The stock was sold at an average price of C$22.19, for a total value of C$332,913.00. Also, Senior Officer André Le Bel sold 10,000 shares of the company's stock in a transaction on Friday, September 20th. The shares were sold at an average price of C$24.80, for a total value of C$248,000.00. In the last three months, insiders have sold 35,000 shares of company stock valued at $851,244. 0.38% of the stock is owned by corporate insiders.
About Osisko Gold Royalties
(
Get Free Report)
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.
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