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

Osisko Gold Royalties Ltd (TSE:OR) has been given a consensus rating of “Moderate Buy” by the seven brokerages that are currently covering the firm, Marketbeat.com reports. Three investment analysts have rated the stock with a hold rating, three have issued a buy rating and one has assigned a strong buy rating to the company. The average 12-month price objective among brokers that have issued ratings on the stock in the last year is C$54.20.

Several equities research analysts have recently issued reports on the stock. TD Securities lowered their target price on shares of Osisko Gold Royalties from C$67.00 to C$64.00 and set a “hold” rating on the stock in a research note on Monday, February 23rd. Stifel Nicolaus increased their target price on shares of Osisko Gold Royalties from C$70.00 to C$71.00 and gave the stock a “buy” rating in a research note on Wednesday, April 15th.

Insider Activity

In other news, Director Duncan Cornell Card sold 5,000 shares of the stock in a transaction dated Monday, June 15th. The shares were 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 stock in a transaction dated Tuesday, May 12th. The stock was sold at an average price of C$53.85, for a total transaction of C$807,750.00. Corporate insiders own 0.38% of the company’s stock.

Osisko Gold Royalties Price Performance

TSE:OR opened at C$50.90 on Thursday. Osisko Gold Royalties has a one year low of C$33.86 and a one year high of C$65.54. The company has a debt-to-equity ratio of 0.31, a quick ratio of 0.98 and a current ratio of 4.11. The firm has a market cap of C$9.54 billion, a price-to-earnings ratio of 37.99, a PEG ratio of 1.31 and a beta of 1.76. The firm’s fifty day moving average is C$51.66 and its two-hundred day moving average is C$53.40.

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

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.