Osisko Gold Royalties (TSE:OR) PT Raised to C$33.00

Osisko Gold Royalties (TSE:OR) had its target price lifted by equities research analysts at CIBC from C$28.50 to C$33.00 in a research report issued on Monday, BayStreet.CA reports. CIBC’s target price suggests a potential upside of 51.03% from the company’s current price.

A number of other equities analysts have also weighed in on OR. National Bankshares decreased their target price on Osisko Gold Royalties from C$25.00 to C$23.00 and set an “outperform” rating for the company in a research report on Thursday, February 22nd. Raymond James increased their target price on Osisko Gold Royalties from C$25.00 to C$26.00 and gave the company an “outperform” rating in a research report on Friday, January 12th. Finally, TD Securities lowered their price target on Osisko Gold Royalties from C$25.00 to C$23.00 and set a “buy” rating for the company in a research report on Friday, February 23rd. One research analyst has rated the stock with a hold rating and five have assigned a buy rating to the company’s stock. According to data from MarketBeat, Osisko Gold Royalties has an average rating of “Moderate Buy” and a consensus target price of C$25.75.

Osisko Gold Royalties Trading Down 0.9 %

Shares of OR opened at C$21.85 on Monday. The firm’s 50 day simple moving average is C$20.89 and its 200 day simple moving average is C$19.19. The company has a market capitalization of C$4.06 billion, a P/E ratio of -84.04, a P/E/G 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. Osisko Gold Royalties has a 1-year low of C$15.42 and a 1-year high of C$24.42.

Osisko Gold Royalties (TSE:OR) last posted its quarterly earnings results on Tuesday, February 20th. The company reported C$0.16 EPS for the quarter, topping the consensus estimate of C$0.15 by C$0.01. Osisko Gold Royalties had a negative net margin of 19.55% and a negative return on equity of 2.85%. The firm had revenue of C$65.16 million for the quarter. Sell-side analysts forecast that Osisko Gold Royalties will post 0.5493552 earnings per share for the current fiscal year.

Insider Buying and Selling at Osisko Gold Royalties

In other news, Senior Officer Iain Wesley Farmer sold 19,600 shares of the business’s 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 related news, Director David Smith purchased 10,000 shares of the firm’s stock in a transaction on Monday, February 26th. The stock was bought at an average cost of C$18.98 per share, with a total value of C$189,800.00. Also, Senior Officer Iain Wesley Farmer sold 19,600 shares of the business’s stock in a transaction that occurred on Monday, March 11th. The shares were sold at an average price of C$22.08, for a total value of C$432,864.04. Insiders have sold 53,184 shares of company stock worth $1,158,088 over the last quarter. Insiders own 0.57% of the company’s stock.

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.