National Bankshares Has Lowered Expectations for Osisko Gold Royalties (TSE:OR) Stock Price

Osisko Gold Royalties (TSE:OR) had its price target dropped by equities research analysts at National Bankshares from C$35.00 to C$34.00 in a research note issued on Tuesday,BayStreet.CA reports. The firm presently has an “outperform” rating on the stock. National Bankshares’ target price suggests a potential upside of 16.56% from the company’s previous close.

A number of other equities research analysts also recently weighed in on the stock. TD Securities downgraded shares of Osisko Gold Royalties from a “buy” rating to a “hold” rating in a research note on Monday, November 11th. Stifel Nicolaus increased their price target on Osisko Gold Royalties from C$29.00 to C$31.00 in a research note on Monday, October 21st. CIBC raised their price objective on Osisko Gold Royalties from C$36.00 to C$39.00 in a report on Monday, December 2nd. Finally, BMO Capital Markets increased their target price on Osisko Gold Royalties from C$27.00 to C$28.00 in a research report on Thursday, November 7th.

Osisko Gold Royalties Trading Up 3.3 %

OR opened at C$29.17 on Tuesday. The stock has a market capitalization of C$5.43 billion, a price-to-earnings ratio of -58.34, a P/E/G ratio of 1.31 and a beta of 0.90. The company has a quick ratio of 0.98, a current ratio of 4.92 and a debt-to-equity ratio of 7.00. Osisko Gold Royalties has a twelve month low of C$17.41 and a twelve month high of C$29.59. The company has a 50-day simple moving average of C$27.04 and a 200 day simple moving average of C$25.91.

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.