Osisko Gold Royalties (TSE:OR) Shares Cross Below 50 Day Moving Average - Here's Why

Key Points

• Shares of Osisko Gold Royalties slipped below its 50‑day moving average (50‑day MA C$55.98), trading as low as C$53.71 and last at C$54.44 on volume of 301,592 shares.
• Analyst views are mixed: TD Securities cut its target to C$64 with a "hold" rating while Stifel raised its target to C$70; MarketBeat's consensus is a Moderate Buy with a consensus target of C$50.50.
• Recent results show EPS of C$0.44 and revenue of C$120.46M with a high net margin (74.23%) and a P/E of ~49.9; Osisko is a precious‑metals royalty and streaming company with 195+ royalties, anchored by a 3–5% NSR on the Canadian Malartic mine.

Shares of Osisko Gold Royalties Ltd (TSE:OR - Get Free Report) passed below its 50 day moving average during trading on Monday . The stock has a 50 day moving average of C$55.98 and traded as low as C$53.71. Osisko Gold Royalties shares last traded at C$54.44, with a volume of 301,592 shares changing hands.

Analyst Ratings Changes

A number of brokerages recently weighed in on OR. TD Securities cut their price objective on Osisko Gold Royalties from C$67.00 to C$64.00 and set a "hold" rating on the stock in a research note on Monday, February 23rd. Stifel Nicolaus lifted their target price on shares of Osisko Gold Royalties from C$61.00 to C$70.00 in a report on Tuesday, February 10th. One equities research analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating and three have assigned a Hold rating to the stock. According to MarketBeat, the company has an average rating of "Moderate Buy" and a consensus target price of C$50.50.

Osisko Gold Royalties Trading Down 0.2%

The company has a debt-to-equity ratio of 0.61, a quick ratio of 0.98 and a current ratio of 4.53. The company has a 50-day simple moving average of C$55.98 and a 200 day simple moving average of C$52.72. The company has a market capitalization of C$10.21 billion, a P/E ratio of 49.94, a P/E/G ratio of 1.31 and a beta of 1.69.

Osisko Gold Royalties (TSE:OR - Get Free Report) last issued its quarterly earnings results on Wednesday, February 18th. The company reported C$0.44 EPS for the quarter. The company had revenue of C$120.46 million for the quarter. Osisko Gold Royalties had a return on equity of 14.10% and a net margin of 74.23%.

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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