Shares of Osisko Gold Royalties Ltd (TSE:OR – Get Free Report) have received a consensus recommendation of “Moderate Buy” from the six analysts that are presently covering the company, Marketbeat.com reports. Three research analysts have rated the stock with a hold rating, two have assigned a buy rating and one has assigned a strong buy rating to the company. The average twelve-month price target among brokerages that have updated their coverage on the stock in the last year is C$63.20.
Separately, Canadian Imperial Bank of Commerce reduced their price objective on Osisko Gold Royalties from C$88.00 to C$85.00 in a report on Thursday, July 16th.
Check Out Our Latest Stock Analysis on Osisko Gold Royalties
Osisko Gold Royalties Stock Down 1.5%
Osisko Gold Royalties (TSE:OR – Get Free Report) last posted its quarterly earnings results on Wednesday, August 5th. The company reported C$0.46 earnings per share for the quarter. The firm had revenue of C$138.98 million during the quarter. Osisko Gold Royalties had a return on equity of 21.84% and a net margin of 80.76%.
Insider Transactions at Osisko Gold Royalties
In other news, Director Duncan Cornell Card sold 5,000 shares of the firm’s stock in a transaction dated Monday, June 15th. The shares were sold at an average price of C$50.99, for a total transaction of C$254,950.00. Corporate insiders own 0.38% of the company’s stock.
About Osisko Gold Royalties
OR Royalties is a precious metals royalty and streaming company focused on Tier-1 mining jurisdictions defined as Canada, the United States, and Australia. OR Royalties commenced activities in June 2014 with a single producing asset, and today holds a portfolio of over 195 royalties, streams and similar interests. OR Royalties’ portfolio is anchored by its cornerstone asset, the 3-5% net smelter return royalty on Agnico Eagle Mines Limited’s Canadian Malartic Complex, one of the world’s largest gold mines.
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