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

Osisko Gold Royalties (TSE:OR) had its price objective upped by stock analysts at Raymond James from C$26.00 to C$28.00 in a research report issued to clients and investors on Tuesday, BayStreet.CA reports. Raymond James’ price objective points to a potential upside of 29.99% from the stock’s current price.

Other equities research analysts have also issued research reports about the stock. TD Securities cut their price target on shares of Osisko Gold Royalties from C$25.00 to C$23.00 and set a “buy” rating for the company in a report on Friday, February 23rd. Stifel Nicolaus boosted their price target on shares of Osisko Gold Royalties from C$27.00 to C$28.00 and gave the stock a “buy” rating in a report on Friday, April 19th. National Bankshares cut their price target on shares of Osisko Gold Royalties from C$25.00 to C$23.00 and set an “outperform” rating for the company in a report on Thursday, February 22nd. Finally, CIBC lifted their target price on shares of Osisko Gold Royalties from C$28.50 to C$33.00 in a research note on Monday, April 15th. One research analyst has rated the stock with a hold rating and six have given a buy rating to the company’s stock. According to MarketBeat, Osisko Gold Royalties presently has a consensus rating of “Moderate Buy” and a consensus target price of C$26.56.

Osisko Gold Royalties Price Performance

TSE:OR opened at C$21.54 on Tuesday. 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 firm has a market cap of C$4.00 billion, a price-to-earnings ratio of -82.85, a price-to-earnings-growth ratio of 1.31 and a beta of 0.79. The company has a 50 day moving average price of C$21.15 and a 200-day moving average price of C$19.42. 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 issued 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. The company had revenue of C$65.16 million during the quarter. Osisko Gold Royalties had a negative net margin of 19.55% and a negative return on equity of 2.85%. Equities research analysts forecast that Osisko Gold Royalties will post 0.5493552 EPS for the current year.

Insiders Place Their Bets

In other news, Director David Smith purchased 10,000 shares of the stock in a transaction dated Monday, February 26th. The shares were purchased at an average price of C$18.98 per share, with a total value of C$189,800.00. In related news, Senior Officer Iain Wesley Farmer sold 19,600 shares of the company’s 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. Also, Director David Smith purchased 10,000 shares of the stock in a transaction that occurred on Monday, February 26th. The stock was acquired at an average cost of C$18.98 per share, with a total value of C$189,800.00. Insiders have sold a total of 53,184 shares of company stock valued at $1,158,088 in the last 90 days. 0.57% of the stock is owned by 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.