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

Osisko Gold Royalties (TSE:OR) had its price objective raised by Raymond James from C$26.00 to C$28.00 in a research note issued to investors on Tuesday, BayStreet.CA reports. Raymond James’ price objective would suggest a potential upside of 30.48% from the company’s previous close.

Other analysts have also issued reports about the stock. CIBC increased their target price on shares of Osisko Gold Royalties from C$28.50 to C$33.00 in a research note on Monday, April 15th. Stifel Nicolaus increased their target price on shares of Osisko Gold Royalties from C$27.00 to C$28.00 and gave the company a “buy” rating in a research note on Friday. TD Securities cut their target price 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. Finally, National Bankshares cut their target price on shares of Osisko Gold Royalties from C$25.00 to C$23.00 and set an “outperform” rating for the company in a research note on Thursday, February 22nd. One equities research analyst has rated the stock with a hold rating and six have assigned a buy rating to the company. According to MarketBeat.com, Osisko Gold Royalties has an average rating of “Moderate Buy” and a consensus price target of C$26.56.

Osisko Gold Royalties Price Performance

Shares of Osisko Gold Royalties stock traded up C$0.32 on Tuesday, hitting C$21.46. The company had a trading volume of 117,866 shares, compared to its average volume of 308,169. The business has a 50-day simple moving average of C$21.05 and a 200-day simple moving average of C$19.36. The company has a debt-to-equity ratio of 12.11, a current ratio of 4.11 and a quick ratio of 0.98. The company has a market cap of C$3.98 billion, a PE ratio of -82.35, a PEG ratio of 1.31 and a beta of 0.79. Osisko Gold Royalties has a 52 week low of C$15.42 and a 52 week high of C$24.42.

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

Insider Activity at Osisko Gold Royalties

In other Osisko Gold Royalties news, Senior Officer André Le Bel sold 10,000 shares of the stock in a transaction that occurred on Wednesday, March 6th. The shares were sold at an average price of C$21.44, for a total value of C$214,400.00. In other Osisko Gold Royalties news, Senior Officer André Le Bel sold 10,000 shares of the stock in a transaction that occurred on Wednesday, March 6th. The shares were sold at an average price of C$21.44, for a total value of C$214,400.00. Also, Senior Officer Iain Wesley Farmer sold 19,600 shares of the stock in a transaction that occurred on Monday, March 11th. The stock was sold at an average price of C$22.08, for a total transaction of C$432,864.04. In the last 90 days, insiders sold 53,184 shares of company stock worth $1,158,088. 0.57% of the stock is owned by corporate insiders.

About Osisko Gold Royalties

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.