Osisko Gold Royalties Ltd (TSE:OR) Receives Consensus Recommendation of "Moderate Buy" from Analysts

Key Points

• Analysts give Osisko Gold Royalties a “Moderate Buy” consensus: Two analysts rate it a buy, one a strong buy and three a hold, with an average 12-month price target of C$63.20.
• Canadian Imperial Bank of Commerce lowered its price target from C$88.00 to C$85.00, while an insider sold 5,000 shares for approximately C$254,950.
• The company reported quarterly revenue of C$138.98 million and earnings of C$0.46 per share, alongside an 80.76% net margin and 21.84% return on equity.

Shares of Osisko Gold Royalties Ltd (TSE:OR - Get Free Report) have been given a consensus recommendation of "Moderate Buy" by the six ratings firms that are covering the company, MarketBeat.com reports. Three research analysts have rated the stock with a hold rating, two have given a buy rating and one has assigned a strong buy rating to the company. The average twelve-month price objective among brokerages that have issued a report on the stock in the last year is C$63.20.

Separately, Canadian Imperial Bank of Commerce reduced their price target on Osisko Gold Royalties from C$88.00 to C$85.00 in a report on Thursday, July 16th.

Insiders Place Their Bets

In other Osisko Gold Royalties news, Director Duncan Cornell Card sold 5,000 shares of the firm's stock in a transaction dated Monday, June 15th. The shares were sold at an average price of C$50.99, for a total transaction of C$254,950.00. Corporate insiders own 0.38% of the company's stock.

Osisko Gold Royalties Stock Performance

Osisko Gold Royalties stock opened at C$51.19 on Tuesday. Osisko Gold Royalties has a twelve month low of C$38.58 and a twelve month high of C$65.54. The company has a quick ratio of 0.98, a current ratio of 2.28 and a debt-to-equity ratio of 14.78. The company has a market capitalization of C$9.59 billion, a P/E ratio of 34.13, a PEG ratio of 1.31 and a beta of 1.86. The stock's 50 day moving average is C$44.78 and its 200 day moving average is C$50.40.

Osisko Gold Royalties (TSE:OR - Get Free Report) last announced its quarterly earnings data on Wednesday, August 5th. The company reported C$0.46 earnings per share (EPS) for the quarter. Osisko Gold Royalties had a return on equity of 21.84% and a net margin of 80.76%.The business had revenue of C$138.98 million during the quarter.

About Osisko Gold Royalties

OR Royalties is a precious metals royalty and streaming company focused on Tier-1 mining jurisdictions defined as Canada, the United States, and Australia. OR Royalties commenced activities in June 2014 with a single producing asset, and today holds a portfolio of over 195 royalties, streams and similar interests. OR Royalties' portfolio is anchored by its cornerstone asset, the 3-5% net smelter return royalty on Agnico Eagle Mines Limited's Canadian Malartic Complex, one of the world's largest gold mines.

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