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

Osisko Gold Royalties (TSE:OR) had its target price raised by Raymond James from C$26.00 to C$28.00 in a research note issued on Tuesday, BayStreet.CA reports. Raymond James’ price target indicates a potential upside of 30.48% from the company’s previous close.

OR has been the subject of a number of other reports. CIBC increased their price objective on Osisko Gold Royalties from C$28.50 to C$33.00 in a report on Monday, April 15th. TD Securities lowered their price objective on shares of Osisko Gold Royalties from C$25.00 to C$23.00 and set a “buy” rating on the stock in a report on Friday, February 23rd. National Bankshares cut their price objective on shares of 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. Finally, Stifel Nicolaus raised their target price on shares of 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 investment analyst has rated the stock with a hold rating and six have issued a buy rating to the company. Based on data from MarketBeat.com, Osisko Gold Royalties has an average rating of “Moderate Buy” and a consensus target price of C$26.56.

Osisko Gold Royalties Trading Up 1.5 %

TSE:OR traded up C$0.32 on Tuesday, reaching C$21.46. The company’s stock had a trading volume of 117,866 shares, compared to its average volume of 308,169. Osisko Gold Royalties has a 1-year low of C$15.42 and a 1-year high of C$24.42. The business’s 50-day moving average price is C$21.05 and its two-hundred day moving average price is C$19.36. The firm has a market cap of C$3.98 billion, a PE ratio of -82.35, a PEG ratio of 1.31 and a beta of 0.79. The company has a debt-to-equity ratio of 12.11, a quick ratio of 0.98 and a current ratio of 4.11.

Osisko Gold Royalties (TSE:OR) last released its quarterly earnings results on Tuesday, February 20th. The company reported C$0.16 earnings per share for the quarter, beating 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 anticipate that Osisko Gold Royalties will post 0.5493552 earnings per share for the current fiscal year.

Insider Buying and Selling

In related news, Senior Officer Guy Desharnais sold 7,484 shares of the business’s stock in a transaction that occurred on Wednesday, March 20th. The stock was sold at an average price of C$21.10, for a total transaction of C$157,912.40. In other news, Senior Officer Guy Desharnais sold 7,484 shares of the firm’s stock in a transaction dated Wednesday, March 20th. The shares were sold at an average price of C$21.10, for a total transaction of C$157,912.40. Also, Senior Officer Iain Wesley Farmer sold 19,600 shares of the company’s stock in a transaction dated Monday, March 11th. The shares were sold at an average price of C$22.08, for a total transaction of C$432,864.04. Over the last 90 days, insiders sold 53,184 shares of company stock worth $1,158,088. Company insiders own 0.57% of the company’s stock.

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.