Osisko Gold Royalties Ltd (TSE:OR) Receives Average Rating of “Moderate Buy” from Brokerages

Osisko Gold Royalties Ltd (TSE:OR) has been assigned an average rating of “Moderate Buy” from the seven research firms that are currently covering the stock, Marketbeat Ratings reports. Three equities research analysts have rated the stock with a hold rating, three have assigned a buy rating and one has issued a strong buy rating on the company. The average twelve-month target price among brokers that have issued ratings on the stock in the last year is C$50.67.

A number of brokerages have weighed in on OR. Stifel Nicolaus boosted their price target on Osisko Gold Royalties from C$70.00 to C$71.00 and gave the stock a “buy” rating in a research report on Wednesday, April 15th. TD Securities reduced their price target on Osisko Gold Royalties from C$67.00 to C$64.00 and set a “hold” rating for the company in a research report on Monday, February 23rd.

Insider Buying and Selling at Osisko Gold Royalties

In other Osisko Gold Royalties news, Director Everard Trenton Richards sold 15,000 shares of the business’s stock in a transaction dated Tuesday, May 12th. The stock was sold at an average price of C$53.85, for a total value of C$807,750.00. 0.38% of the stock is owned by corporate insiders.

Osisko Gold Royalties Price Performance

OR opened at C$49.18 on Friday. The stock has a market cap of C$9.22 billion, a price-to-earnings ratio of 36.70, a PEG ratio of 1.31 and a beta of 1.71. Osisko Gold Royalties has a 1 year low of C$33.86 and a 1 year high of C$65.54. The company has a current ratio of 4.11, a quick ratio of 0.98 and a debt-to-equity ratio of 0.31. The stock has a fifty day moving average price of C$52.60 and a 200 day moving average price of C$52.92.

Osisko Gold Royalties (TSE:OR) last released its quarterly earnings data on Wednesday, May 6th. The company reported C$0.56 earnings per share (EPS) for the quarter. The firm had revenue of C$142.97 million during the quarter. Osisko Gold Royalties had a return on equity of 16.55% and a net margin of 78.10%.

Osisko Gold Royalties Company Profile

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.