Osisko Gold Royalties (TSE:OR) PT Raised to C$28.00

Osisko Gold Royalties (TSE:OR - Get Free Report) had its price target increased by equities research analysts at Raymond James from C$26.00 to C$28.00 in a research note issued on Tuesday, BayStreet.CA reports. Raymond James' price target would indicate a potential upside of 29.93% from the company's previous close.

Several other analysts have also weighed in on the company. CIBC upped their target price on Osisko Gold Royalties from C$28.50 to C$33.00 in a report on Monday, April 15th. National Bankshares reduced their price objective on Osisko Gold Royalties from C$25.00 to C$23.00 and set an "outperform" rating on the stock in a research report on Thursday, February 22nd. TD Securities reduced their price objective on Osisko Gold Royalties from C$25.00 to C$23.00 and set a "buy" rating on the stock in a research report on Friday, February 23rd. Finally, Stifel Nicolaus upped their price objective on Osisko Gold Royalties from C$27.00 to C$28.00 and gave the company a "buy" rating in a research report on Friday. One research analyst has rated the stock with a hold rating and six have assigned a buy rating to the stock. According to data from MarketBeat, the company has a consensus rating of "Moderate Buy" and an average target price of C$26.56.

Osisko Gold Royalties Stock Performance

Shares of TSE:OR traded up C$0.41 during trading on Tuesday, reaching C$21.55. The company had a trading volume of 214,589 shares, compared to its average volume of 309,457. The firm has a market capitalization of C$4.00 billion, a price-to-earnings ratio of -82.77, a price-to-earnings-growth ratio of 1.31 and a beta of 0.79. The company has a debt-to-equity ratio of 12.11, a current ratio of 4.11 and a quick ratio of 0.98. The stock's fifty day moving average price is C$21.05 and its 200 day moving average price is C$19.36. Osisko Gold Royalties has a fifty-two week low of C$15.42 and a fifty-two week high of C$24.42.

Osisko Gold Royalties (TSE:OR - Get Free Report) last announced its quarterly earnings data on Tuesday, February 20th. The company reported C$0.16 earnings per share for the quarter, topping analysts' consensus estimates of C$0.15 by C$0.01. Osisko Gold Royalties had a negative return on equity of 2.85% and a negative net margin of 19.55%. The firm had revenue of C$65.16 million for the quarter. As a group, equities research analysts predict that Osisko Gold Royalties will post 0.5493552 EPS for the current year.

Insider Buying and Selling

In related news, Senior Officer Iain Wesley Farmer sold 19,600 shares of the stock in a transaction dated Monday, March 11th. The stock was sold at an average price of C$22.08, for a total transaction of C$432,864.04. In other Osisko Gold Royalties news, Director David Smith acquired 10,000 shares of the stock in a transaction on Monday, February 26th. The stock was purchased at an average price of C$18.98 per share, for a total transaction of C$189,800.00. Also, Senior Officer Iain Wesley Farmer sold 19,600 shares of the stock in a transaction that occurred on Monday, March 11th. The stock was sold at an average price of C$22.08, for a total value of C$432,864.04. Over the last ninety days, insiders have sold 53,184 shares of company stock worth $1,158,088. 0.57% of the stock is owned by company insiders.

Osisko Gold Royalties Company Profile

Osisko Gold Royalties Ltd acquires and manages precious metal and other royalties, streams, and other interests in Canada and internationally. It also owns options on offtake; royalty/stream financings; and exclusive rights to participate in future royalty/stream financings on various projects. The company's primary asset is a 3-5% net smelter return royalty on the Canadian Malartic complex located in Canada.