Osisko Gold Royalties (TSE:OR) Stock Price Expected to Rise, Canaccord Genuity Group Analyst Says

Osisko Gold Royalties (TSE:OR - Free Report) had its target price raised by Canaccord Genuity Group from C$37.00 to C$40.00 in a report released on Tuesday morning,BayStreet.CA reports.

Other equities analysts have also recently issued reports about the stock. BMO Capital Markets upped their price objective on shares of Osisko Gold Royalties from C$31.00 to C$33.00 in a research report on Wednesday, June 4th. Stifel Nicolaus increased their price target on Osisko Gold Royalties from C$33.00 to C$38.00 in a research note on Monday, April 21st. TD Securities boosted their price objective on Osisko Gold Royalties from C$30.00 to C$35.00 in a research report on Tuesday, April 15th. Scotiabank raised Osisko Gold Royalties from a "hold" rating to a "strong-buy" rating in a report on Monday, April 14th. Finally, National Bankshares increased their target price on Osisko Gold Royalties from C$34.00 to C$35.50 and gave the company an "outperform" rating in a research report on Wednesday, April 2nd.

Osisko Gold Royalties Price Performance

Osisko Gold Royalties stock traded up C$0.49 during trading hours on Tuesday, reaching C$36.43. 357,037 shares of the stock were exchanged, compared to its average volume of 386,595. The company has a current ratio of 4.40, a quick ratio of 0.98 and a debt-to-equity ratio of 5.29. The company has a market cap of C$6.80 billion, a P/E ratio of -123.76, a price-to-earnings-growth ratio of 1.31 and a beta of 0.90. The stock has a 50 day moving average of C$33.10 and a two-hundred day moving average of C$29.41. Osisko Gold Royalties has a twelve month low of C$20.67 and a twelve month high of C$37.66.

Insider Buying and Selling at Osisko Gold Royalties

In other Osisko Gold Royalties news, Director Michael David Saynor Spencer sold 4,992 shares of the stock in a transaction that occurred on Thursday, April 17th. The stock was sold at an average price of C$32.79, for a total value of C$163,687.68. Also, Senior Officer Iain Wesley Farmer sold 26,100 shares of the firm's stock in a transaction that occurred on Wednesday, April 16th. The shares were sold at an average price of C$32.92, for a total value of C$859,219.83. Insiders own 0.38% of the company's stock.

About Osisko Gold Royalties

Osisko is an intermediate precious metal royalty company focused on the Americas that commenced activities in June 2014. Osisko holds a North American focused portfolio of over 175 royalties, streams and precious metal offtakes. Osisko's portfolio is anchored by its cornerstone asset, a 5% net smelter return royalty on the Canadian Malartic mine, which is the largest gold mine in Canada.