Osisko Gold Royalties Ltd (TSE:OR) Given Average Rating of “Moderate Buy” by Brokerages

Osisko Gold Royalties Ltd (TSE:OR) has earned a consensus recommendation of “Moderate Buy” from the six ratings firms that are covering the firm, Marketbeat Ratings reports. Three investment analysts have rated the stock with a hold rating, two have issued a buy rating and one has issued a strong buy rating on the company. The average 1-year target price among brokers that have issued ratings on the stock in the last year is C$50.50.

OR has been the subject of a number of research reports. Stifel Nicolaus increased their target price on shares of Osisko Gold Royalties from C$61.00 to C$70.00 in a report on Tuesday, February 10th. TD Securities decreased their price target on shares of Osisko Gold Royalties from C$67.00 to C$64.00 and set a “hold” rating on the stock in a report on Monday, February 23rd.

Osisko Gold Royalties Price Performance

Shares of OR stock opened at C$58.96 on Tuesday. The business has a fifty day simple moving average of C$57.48 and a 200 day simple moving average of C$51.77. The company has a market cap of C$11.06 billion, a P/E ratio of 54.09, a P/E/G ratio of 1.31 and a beta of 1.40. The company has a quick ratio of 0.98, a current ratio of 4.53 and a debt-to-equity ratio of 0.61. Osisko Gold Royalties has a twelve month low of C$25.48 and a twelve month high of C$65.54.

About Osisko Gold Royalties

OR Royalties is a precious metals royalty and streaming company focused on Tier-1 mining jurisdictions defined as Canada, the United States, and Australia. OR Royalties commenced activities in June 2014 with a single producing asset, and today holds a portfolio of over 195 royalties, streams and similar interests. OR Royalties’ portfolio is anchored by its cornerstone asset, the 3-5% net smelter return royalty on Agnico Eagle Mines Limited’s Canadian Malartic Complex, one of the world’s largest gold mines.