Osisko Gold Royalties (TSE:OR) PT Raised to C$28.00 at Stifel Nicolaus

Osisko Gold Royalties (TSE:OR) had its price target lifted by equities research analysts at Stifel Nicolaus from C$27.00 to C$28.00 in a research report issued to clients and investors on Friday, BayStreet.CA reports. The firm presently has a “buy” rating on the stock. Stifel Nicolaus’ target price indicates a potential upside of 25.79% from the company’s previous close.

Other equities research analysts have also issued reports about the company. Raymond James upped their price target on Osisko Gold Royalties from C$25.00 to C$26.00 and gave the stock an “outperform” rating in a research note on Friday, January 12th. TD Securities dropped their price target on shares of Osisko Gold Royalties from C$25.00 to C$23.00 and set a “buy” rating for the company in a research note on Friday, February 23rd. CIBC upped their price target on Osisko Gold Royalties from C$28.50 to C$33.00 in a research report on Monday. Finally, National Bankshares decreased their price objective on shares of Osisko Gold Royalties from C$25.00 to C$23.00 and set an “outperform” rating for the company in a report on Thursday, February 22nd. One research analyst has rated the stock with a hold rating and six have issued a buy rating to the stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of C$25.72.

Osisko Gold Royalties Trading Down 0.0 %

Shares of OR stock traded down C$0.01 during trading hours on Friday, hitting C$22.26. 75,172 shares of the company were exchanged, compared to its average volume of 308,624. The firm has a fifty day moving average of C$20.98 and a 200 day moving average of C$19.23. The company has a quick ratio of 0.98, a current ratio of 4.11 and a debt-to-equity ratio of 12.11. Osisko Gold Royalties has a 1 year low of C$15.42 and a 1 year high of C$24.42. The firm has a market cap of C$4.13 billion, a PE ratio of -85.73, a PEG ratio of 1.31 and a beta of 0.79.

Osisko Gold Royalties (TSE:OR) last announced its quarterly earnings results on Tuesday, February 20th. The company reported C$0.16 earnings per share for the quarter, beating analysts’ consensus estimates of C$0.15 by C$0.01. Osisko Gold Royalties had a negative net margin of 19.55% and a negative return on equity of 2.85%. The company had revenue of C$65.16 million for the quarter. Analysts expect that Osisko Gold Royalties will post 0.5493552 earnings per share for the current year.

Insider Activity

In related news, Director David Smith acquired 10,000 shares of the firm’s stock in a transaction dated Monday, February 26th. The stock was acquired at an average cost of C$18.98 per share, for a total transaction of C$189,800.00. In other Osisko Gold Royalties news, Director David Smith purchased 10,000 shares of the business’s stock in a transaction on Monday, February 26th. The stock was bought at an average cost of C$18.98 per share, with a total value of C$189,800.00. Also, Senior Officer Guy Desharnais sold 7,484 shares of Osisko Gold Royalties stock in a transaction that occurred on Wednesday, March 20th. The stock was sold at an average price of C$21.10, for a total transaction of C$157,912.40. Over the last ninety days, insiders have sold 53,184 shares of company stock valued at $1,158,088. Company insiders own 0.57% of the company’s stock.

Osisko Gold Royalties Company Profile

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.