Scotiabank Boosts Osisko Gold Royalties (TSE:OR) Price Target to C$25.00

Osisko Gold Royalties (TSE:OR) had its price target upped by stock analysts at Scotiabank from C$24.00 to C$25.00 in a research note issued to investors on Thursday, BayStreet.CA reports. Scotiabank’s target price would indicate a potential upside of 0.60% from the company’s current price.

Several other analysts also recently weighed in on OR. National Bankshares boosted their target price on shares of Osisko Gold Royalties from C$26.00 to C$28.00 and gave the stock an “outperform” rating in a research report on Wednesday. Raymond James lifted their target price on shares of Osisko Gold Royalties from C$26.00 to C$28.00 in a research report on Tuesday, April 23rd. CIBC raised their price target on shares of Osisko Gold Royalties from C$33.00 to C$34.00 in a research note on Wednesday, July 10th. Jefferies Financial Group upgraded Osisko Gold Royalties from a “hold” rating to a “buy” rating in a research note on Friday, July 12th. Finally, Stifel Nicolaus raised their target price on Osisko Gold Royalties from C$27.00 to C$28.00 and gave the company a “buy” rating in a research report on Friday, April 19th. One investment analyst has rated the stock with a hold rating and seven have assigned a buy rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of C$27.50.

Osisko Gold Royalties Trading Down 0.2 %

Shares of TSE OR traded down C$0.06 during midday trading on Thursday, hitting C$24.85. The company’s stock had a trading volume of 108,610 shares, compared to its average volume of 286,116. The company has a current ratio of 4.95, a quick ratio of 0.98 and a debt-to-equity ratio of 9.52. The business’s 50 day moving average is C$22.44 and its two-hundred day moving average is C$21.19. Osisko Gold Royalties has a 12-month low of C$15.42 and a 12-month high of C$25.06. The firm has a market cap of C$4.62 billion, a P/E ratio of -85.69, a price-to-earnings-growth ratio of 1.31 and a beta of 0.82.

Osisko Gold Royalties (TSE:OR) last issued its quarterly earnings data on Wednesday, May 8th. The company reported C$0.16 earnings per share for the quarter, topping analysts’ consensus estimates of C$0.15 by C$0.01. Osisko Gold Royalties had a negative return on equity of 3.15% and a negative net margin of 21.78%. The firm had revenue of C$60.75 million during the quarter. As a group, equities research analysts expect that Osisko Gold Royalties will post 0.6398844 EPS for the current year.

Insider Transactions at Osisko Gold Royalties

In related news, Director Victor Bradley sold 5,000 shares of the business’s stock in a transaction dated Friday, June 7th. The shares were sold at an average price of C$23.19, for a total value of C$115,950.00. In related news, Director Victor Bradley sold 5,000 shares of the business’s stock in a transaction dated Friday, June 7th. The shares were sold at an average price of C$23.19, for a total value of C$115,950.00. Also, Senior Officer Frédéric Ruel sold 33,700 shares of the business’s stock in a transaction dated Tuesday, May 14th. The shares were sold at an average price of C$22.20, for a total transaction of C$748,140.00. Insiders have sold a total of 48,700 shares of company stock worth $1,087,670 in the last quarter. Company insiders own 0.38% 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.