Osisko Gold Royalties (TSE:OR – Get Rating) had its target price boosted by equities research analysts at National Bankshares from C$22.00 to C$23.00 in a note issued to investors on Friday, BayStreet.CA reports. The brokerage presently has an “outperform” rating on the stock. National Bankshares’ price objective indicates a potential upside of 30.24% from the stock’s current price.
Other analysts have also recently issued research reports about the stock. TD Securities upped their target price on shares of Osisko Gold Royalties from C$20.00 to C$21.00 and gave the company a “buy” rating in a research report on Monday, November 14th. Raymond James upped their target price on shares of Osisko Gold Royalties from C$21.00 to C$21.50 and gave the company an “outperform” rating in a research report on Thursday, December 29th. Canaccord Genuity Group lowered their price objective on shares of Osisko Gold Royalties from C$23.00 to C$22.00 in a research report on Thursday, October 20th. Eight Capital lowered their price objective on shares of Osisko Gold Royalties from C$24.00 to C$23.50 in a research report on Wednesday, October 26th. Finally, CIBC upped their price objective on shares of Osisko Gold Royalties from C$21.00 to C$23.00 and gave the company an “outperform” rating in a research report on Thursday, November 10th. Five analysts have rated the stock with a buy rating, According to data from MarketBeat, the stock presently has an average rating of “Buy” and an average target price of C$22.38.
Osisko Gold Royalties Price Performance
Shares of OR stock traded up C$0.30 during trading hours on Friday, hitting C$17.66. The company had a trading volume of 437,415 shares, compared to its average volume of 573,098. Osisko Gold Royalties has a 12 month low of C$11.90 and a 12 month high of C$18.59. The firm has a market capitalization of C$3.25 billion and a price-to-earnings ratio of -88.46. The firm’s fifty day moving average is C$16.72 and its 200 day moving average is C$14.54. The company has a debt-to-equity ratio of 17.72, a quick ratio of 0.98 and a current ratio of 0.98.
Osisko Gold Royalties (TSE:OR – Get Rating) last announced its earnings results on Wednesday, November 9th. The company reported C$0.14 EPS for the quarter, topping the consensus estimate of C$0.11 by C$0.03. The business had revenue of C$53.66 million during the quarter. On average, sell-side analysts predict that Osisko Gold Royalties will post 0.48 EPS for the current fiscal year.
Insider Activity at Osisko Gold Royalties
In related news, Director Duncan Cornell Card sold 5,000 shares of the firm’s stock in a transaction dated Friday, November 18th. The shares were sold at an average price of C$17.00, for a total value of C$85,000.00. In other Osisko Gold Royalties news, Director Sean Roosen sold 28,300 shares of the firm’s stock in a transaction that occurred on Friday, December 23rd. The shares were sold at an average price of C$16.72, for a total transaction of C$473,176.00. Following the completion of the sale, the director now directly owns 561,644 shares in the company, valued at C$9,390,687.68. Also, Director Duncan Cornell Card sold 5,000 shares of the firm’s stock in a transaction that occurred on Friday, November 18th. The stock was sold at an average price of C$17.00, for a total transaction of C$85,000.00.
About Osisko Gold Royalties
Osisko Gold Royalties Ltd acquires and manages precious metal and other royalties, streams, and offtake and other interests in Canada and internationally. It also owns options on royalty/stream financings; and exclusive rights to participate in future royalty/stream financings on various projects. The company’s primary asset is a 5% net smelter return royalty on the Canadian Malartic mine located in Canada.
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