Osisko Gold Royalties (TSE:OR) Cut to Hold at TD Securities

Osisko Gold Royalties (TSE:OR - Get Free Report) was downgraded by equities researchers at TD Securities from a "buy" rating to a "hold" rating in a report issued on Monday,BayStreet.CA reports.

OR has been the subject of a number of other research reports. Stifel Nicolaus lifted their price target on shares of Osisko Gold Royalties from C$29.00 to C$31.00 in a research note on Monday, October 21st. Raymond James cut their target price on shares of Osisko Gold Royalties from C$27.50 to C$27.00 in a research note on Monday, August 19th. Scotiabank increased their target price on shares of Osisko Gold Royalties from C$25.00 to C$27.00 in a research report on Monday, August 19th. National Bankshares increased their target price on Osisko Gold Royalties from C$26.00 to C$28.00 and gave the company an "outperform" rating in a research note on Wednesday, July 17th. Finally, Canaccord Genuity Group raised their price objective on Osisko Gold Royalties from C$30.00 to C$31.00 in a research note on Tuesday, July 23rd. Two research analysts have rated the stock with a hold rating and six have given a buy rating to the company. According to data from MarketBeat.com, Osisko Gold Royalties has an average rating of "Moderate Buy" and an average price target of C$29.63.

Osisko Gold Royalties Stock Down 7.6 %

Shares of TSE:OR traded down C$2.14 during trading hours on Monday, hitting C$26.00. The company's stock had a trading volume of 231,794 shares, compared to its average volume of 292,198. The company has a debt-to-equity ratio of 7.00, a current ratio of 4.92 and a quick ratio of 0.98. The company has a market capitalization of C$4.84 billion, a price-to-earnings ratio of -52.00, a P/E/G ratio of 1.31 and a beta of 0.90. The firm's fifty day moving average price is C$25.70 and its 200 day moving average price is C$23.70. Osisko Gold Royalties has a 52 week low of C$16.32 and a 52 week high of C$29.57.

Insiders Place Their Bets

In other Osisko Gold Royalties news, Director Duncan Cornell Card sold 10,000 shares of the stock in a transaction on Tuesday, October 15th. The stock was sold at an average price of C$27.03, for a total transaction of C$270,331.00. Corporate insiders own 0.38% of the company's stock.

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.

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