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

Osisko Gold Royalties Ltd (TSE:OR) has been given a consensus rating of “Moderate Buy” by the six ratings firms that are currently covering the company, Marketbeat.com reports. Three investment analysts have rated the stock with a hold recommendation, two have assigned a buy recommendation and one has given a strong buy recommendation to the company. The average 1 year target price among brokerages that have issued ratings on the stock in the last year is C$57.75.

Separately, Stifel Nicolaus raised their price target on shares of Osisko Gold Royalties from C$70.00 to C$71.00 and gave the stock a “buy” rating in a report on Wednesday, April 15th.

Osisko Gold Royalties Stock Performance

Shares of OR stock opened at C$41.48 on Monday. The company has a debt-to-equity ratio of 0.31, a quick ratio of 0.98 and a current ratio of 4.11. Osisko Gold Royalties has a fifty-two week low of C$36.91 and a fifty-two week high of C$65.54. The stock has a 50 day moving average price of C$48.24 and a two-hundred day moving average price of C$52.95. The company has a market capitalization of C$7.78 billion, a P/E ratio of 30.96, a PEG ratio of 1.31 and a beta of 1.85.

Osisko Gold Royalties (TSE:OR) last released its quarterly earnings data on Wednesday, May 6th. The company reported C$0.56 earnings per share for the quarter. Osisko Gold Royalties had a return on equity of 19.91% and a net margin of 82.42%.The firm had revenue of C$142.97 million during the quarter.

Insider Activity

In related news, Director Everard Trenton Richards sold 15,000 shares of the firm’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. Also, Director Duncan Cornell Card sold 5,000 shares of the business’s stock in a transaction dated Monday, June 15th. The shares were sold at an average price of C$50.99, for a total value of C$254,950.00. Corporate insiders own 0.38% of the company’s stock.

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.