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

Key Points

• Analysts rate Osisko Gold Royalties “Moderate Buy,” with two buy ratings, one strong-buy rating and three holds. The average 12-month price target is C$63.20, above the stock’s reported C$45.07 price.
• Recent analyst updates were mixed: CIBC lowered its price target from C$88 to C$85, while Stifel Nicolaus raised its target from C$70 to C$71 and maintained a buy rating.
• Osisko reported quarterly earnings per share of C$0.46 on revenue of C$138.98 million, alongside an 82.42% net margin and 19.91% return on equity. Two directors recently sold shares, while insiders collectively own 0.38% of the company.

Shares of Osisko Gold Royalties Ltd (TSE:OR - Get Free Report) have received a consensus recommendation of "Moderate Buy" from the six ratings firms that are presently covering the stock, Marketbeat Ratings reports. Three equities research analysts have rated the stock with a hold rating, two have assigned a buy rating and one has issued a strong buy rating on the company. The average 12-month price target among analysts that have issued a report on the stock in the last year is C$63.20.

A number of research firms recently commented on OR. Canadian Imperial Bank of Commerce decreased their price objective on shares of Osisko Gold Royalties from C$88.00 to C$85.00 in a report on Thursday, July 16th. Stifel Nicolaus increased their target price on shares of Osisko Gold Royalties from C$70.00 to C$71.00 and gave the company a "buy" rating in a report on Wednesday, April 15th.

Osisko Gold Royalties Price Performance

Osisko Gold Royalties stock opened at C$45.07 on Friday. The company has a market cap of C$8.45 billion, a P/E ratio of 33.63, a price-to-earnings-growth ratio of 1.31 and a beta of 1.86. Osisko Gold Royalties has a one year low of C$38.58 and a one year high of C$65.54. The business has a fifty day moving average of C$44.66 and a two-hundred day moving average of C$51.54. The company has a debt-to-equity ratio of 0.31, a quick ratio of 0.98 and a current ratio of 4.11.

Osisko Gold Royalties (TSE:OR - Get Free Report) last posted its quarterly earnings results on Wednesday, August 5th. The company reported C$0.46 earnings per share for the quarter. The business had revenue of C$138.98 million for the quarter. Osisko Gold Royalties had a net margin of 82.42% and a return on equity of 19.91%.

Insider Buying and Selling

In related news, Director Duncan Cornell Card sold 5,000 shares of Osisko Gold Royalties stock in a transaction on Monday, June 15th. The stock was sold at an average price of C$50.99, for a total transaction of C$254,950.00. Also, Director Everard Trenton Richards sold 15,000 shares of Osisko Gold Royalties stock in a transaction on Tuesday, May 12th. The stock was sold at an average price of C$53.85, for a total value of C$807,750.00. Corporate insiders own 0.38% of the company's stock.

Osisko Gold Royalties Company Profile

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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