Osisko Gold Royalties (TSE:OR) Downgraded to “Hold” Rating by Jefferies Financial Group

Jefferies Financial Group downgraded shares of Osisko Gold Royalties (TSE:OR) from a strong-buy rating to a hold rating in a report released on Sunday morning, Marketbeat Ratings reports. Jefferies Financial Group currently has C$40.00 price target on the stock.

A number of other analysts have also weighed in on the stock. TD Securities raised their price target on shares of Osisko Gold Royalties from C$35.00 to C$40.00 in a report on Wednesday, July 16th. Canaccord Genuity Group lowered shares of Osisko Gold Royalties from a “buy” rating to a “hold” rating and raised their price target for the company from C$44.00 to C$56.00 in a report on Thursday, October 2nd. Finally, National Bankshares raised their price target on shares of Osisko Gold Royalties from C$38.00 to C$40.00 and gave the company an “outperform” rating in a report on Tuesday, June 24th. One analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating and three have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of C$40.86.

Osisko Gold Royalties Stock Performance

Shares of Osisko Gold Royalties stock opened at C$56.36 on Friday. The company has a debt-to-equity ratio of 5.29, a current ratio of 4.40 and a quick ratio of 0.98. The firm has a market cap of C$10.61 billion, a P/E ratio of 134.19, a P/E/G ratio of 1.31 and a beta of 1.18. The firm has a 50 day simple moving average of C$46.23 and a 200 day simple moving average of C$38.17. Osisko Gold Royalties has a fifty-two week low of C$24.96 and a fifty-two week high of C$57.15.

About Osisko Gold Royalties

Osisko is an intermediate precious metal royalty company focused on the Americas that commenced activities in June 2014. Osisko holds a North American focused portfolio of over 175 royalties, streams and precious metal offtakes. Osisko’s portfolio is anchored by its cornerstone asset, a 5% net smelter return royalty on the Canadian Malartic mine, which is the largest gold mine in Canada.