Osisko Gold Royalties (TSE:OR) Price Target Raised to C$35.00 at TD Securities

Osisko Gold Royalties (TSE:OR - Get Free Report) had its target price hoisted by equities researchers at TD Securities from C$30.00 to C$35.00 in a research report issued to clients and investors on Tuesday,BayStreet.CA reports. TD Securities' price target points to a potential upside of 8.33% from the stock's current price.

A number of other research analysts have also commented on the company. Scotiabank upgraded Osisko Gold Royalties from a "hold" rating to a "strong-buy" rating in a research report on Monday, April 14th. National Bankshares lifted their price target on shares of 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.

Osisko Gold Royalties Price Performance

Shares of TSE OR traded down C$0.56 during trading on Tuesday, reaching C$32.31. The company had a trading volume of 330,345 shares, compared to its average volume of 382,075. Osisko Gold Royalties has a 52 week low of C$20.67 and a 52 week high of C$33.47. The company has a debt-to-equity ratio of 5.29, a quick ratio of 0.98 and a current ratio of 4.40. The business's 50 day moving average price is C$28.60 and its 200-day moving average price is C$27.59. The stock has a market cap of C$6.03 billion, a PE ratio of -109.77, a PEG ratio of 1.31 and a beta of 0.90.

Insiders Place Their Bets

In other news, Director Michael David Saynor Spencer sold 4,992 shares of the stock in a transaction dated Thursday, April 17th. The shares were sold at an average price of C$32.79, for a total transaction of C$163,687.68. Also, Senior Officer Iain Wesley Farmer sold 26,100 shares of Osisko Gold Royalties stock in a transaction dated Wednesday, April 16th. The shares were sold at an average price of C$32.92, for a total value of C$859,219.83. In the last 90 days, insiders sold 64,058 shares of company stock worth $1,898,479. Corporate insiders own 0.38% of the company's stock.

About Osisko Gold Royalties

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.