Osisko Gold Royalties (TSE:OR) PT Raised to C$31.00

Osisko Gold Royalties (TSE:OR) had its target price increased by investment analysts at Stifel Nicolaus from C$29.00 to C$31.00 in a research report issued to clients and investors on Monday, BayStreet.CA reports. Stifel Nicolaus’ target price points to a potential upside of 6.31% from the company’s previous close.

Other analysts also recently issued reports about the company. Scotiabank boosted their price target on Osisko Gold Royalties from C$25.00 to C$27.00 in a research note on Monday, August 19th. CIBC upped their price objective on shares of Osisko Gold Royalties from C$33.00 to C$34.00 in a research report on Wednesday, July 10th. National Bankshares increased their price target on shares of Osisko Gold Royalties from C$26.00 to C$28.00 and gave the stock an “outperform” rating in a research report on Wednesday, July 17th. Raymond James cut their target price on Osisko Gold Royalties from C$27.50 to C$27.00 in a research note on Monday, August 19th. Finally, Jefferies Financial Group upgraded Osisko Gold Royalties from a “hold” rating to a “buy” rating in a research report on Friday, July 12th. One investment analyst has rated the stock with a hold rating and seven have given a buy rating to the company. According to data from MarketBeat.com, Osisko Gold Royalties currently has a consensus rating of “Moderate Buy” and an average price target of C$29.13.

Osisko Gold Royalties Trading Up 0.7 %

TSE:OR opened at C$29.16 on Monday. The company has a debt-to-equity ratio of 7.00, a current ratio of 4.92 and a quick ratio of 0.98. The stock has a market capitalization of C$5.43 billion, a PE ratio of -58.32, a price-to-earnings-growth ratio of 1.31 and a beta of 0.90. The business’s 50-day simple moving average is C$24.55 and its 200-day simple moving average is C$23.21. Osisko Gold Royalties has a fifty-two week low of C$16.32 and a fifty-two week high of C$29.30.

Osisko Gold Royalties (TSE:OR) last announced its earnings results on Tuesday, August 6th. The company reported C$0.18 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of C$0.17 by C$0.01. The business had revenue of C$64.85 million for the quarter. Osisko Gold Royalties had a negative return on equity of 5.46% and a negative net margin of 36.86%.

Insider Buying and Selling at Osisko Gold Royalties

In other news, Director Duncan Cornell Card sold 10,000 shares of the company’s stock in a transaction on Tuesday, October 15th. The stock was sold at an average price of C$27.03, for a total transaction of C$270,331.00. In other news, Director Everard Trenton Richards sold 15,000 shares of the company’s stock in a transaction dated Friday, August 9th. The stock was sold at an average price of C$22.19, for a total transaction of C$332,913.00. Also, Director Duncan Cornell Card sold 10,000 shares of the company’s stock in a transaction that occurred on Tuesday, October 15th. The stock was sold at an average price of C$27.03, for a total transaction of C$270,331.00. Insiders have sold a total of 35,000 shares of company stock worth $851,244 over the last three months. 0.38% of the stock is currently owned by insiders.

About Osisko Gold Royalties

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.