Osisko Gold Royalties (TSE:OR) Given New C$40.00 Price Target at National Bankshares

Osisko Gold Royalties (TSE:OR - Free Report) had its price objective hoisted by National Bankshares from C$38.00 to C$40.00 in a research report report published on Tuesday,BayStreet.CA reports. They currently have an outperform rating on the stock.

Several other equities analysts have also weighed in on OR. Stifel Nicolaus upped their price objective on shares of Osisko Gold Royalties from C$33.00 to C$38.00 in a report on Monday, April 21st. BMO Capital Markets upped their price objective on shares of Osisko Gold Royalties from C$31.00 to C$33.00 in a report on Wednesday, June 4th. Scotiabank upgraded shares of Osisko Gold Royalties from a "hold" rating to a "strong-buy" rating in a report on Monday, April 14th. Canaccord Genuity Group upped their price objective on shares of Osisko Gold Royalties from C$37.00 to C$40.00 in a report on Tuesday, June 10th. Finally, TD Securities upped their target price on shares of Osisko Gold Royalties from C$30.00 to C$35.00 in a report on Tuesday, April 15th.

Osisko Gold Royalties Stock Down 0.1%

Shares of TSE OR traded down C$0.05 during trading on Tuesday, hitting C$34.93. 261,416 shares of the company traded hands, compared to its average volume of 380,422. The business's fifty day moving average is C$34.07 and its 200 day moving average is C$29.93. Osisko Gold Royalties has a fifty-two week low of C$20.89 and a fifty-two week high of C$37.66. The firm has a market capitalization of C$6.52 billion, a price-to-earnings ratio of -118.67, a P/E/G ratio of 1.31 and a beta of 0.90. The company has a debt-to-equity ratio of 5.29, a quick ratio of 0.98 and a current ratio of 4.40.

Insider Buying and Selling

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

Osisko Gold Royalties Company Profile

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.