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

Shares of Osisko Gold Royalties Ltd (TSE:OR) have earned an average recommendation of “Moderate Buy” from the six brokerages that are presently covering the firm, Marketbeat Ratings reports. Three research analysts have rated the stock with a hold recommendation, two have issued a buy recommendation and one has issued a strong buy recommendation on the company. The average 1 year price target among brokers that have updated their coverage on the stock in the last year is C$63.20.

Several brokerages recently issued reports on OR. Stifel Nicolaus lifted their price objective 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. Canadian Imperial Bank of Commerce dropped their price target on Osisko Gold Royalties from C$88.00 to C$85.00 in a research report on Thursday, July 16th.

Osisko Gold Royalties Stock Performance

Shares of OR opened at C$45.07 on Friday. 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 market cap of C$8.45 billion, a P/E ratio of 33.63, a PEG ratio of 1.31 and a beta of 1.86. The company has a 50-day moving average of C$44.66 and a two-hundred day moving average of C$51.54. Osisko Gold Royalties has a 12-month low of C$38.58 and a 12-month high of C$65.54.

Osisko Gold Royalties (TSE:OR) last announced its quarterly earnings results on Wednesday, August 5th. The company reported C$0.46 earnings per share (EPS) for the quarter. The company had revenue of C$138.98 million for the quarter. Osisko Gold Royalties had a net margin of 82.42% and a return on equity of 19.91%.

Insiders Place Their Bets

In related news, Director Duncan Cornell Card sold 5,000 shares of Osisko Gold Royalties stock in a transaction dated Monday, June 15th. The stock was sold at an average price of C$50.99, for a total transaction of C$254,950.00. Also, Director Everard Trenton Richards sold 15,000 shares of the business’s stock in a transaction dated Tuesday, May 12th. The shares were sold at an average price of C$53.85, for a total transaction of C$807,750.00. 0.38% of the stock is owned by company insiders.

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.