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

Osisko Gold Royalties Ltd (TSE:OR) has earned a consensus rating of “Moderate Buy” from the six research firms that are currently covering the stock, MarketBeat reports. Three research 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 brokerages that have issued a report on the stock in the last year is C$63.20.

Separately, Canadian Imperial Bank of Commerce reduced their price target on Osisko Gold Royalties from C$88.00 to C$85.00 in a report on Thursday, July 16th.

Osisko Gold Royalties Trading Down 2.6%

TSE OR opened at C$45.72 on Friday. The company has a quick ratio of 0.98, a current ratio of 2.28 and a debt-to-equity ratio of 14.78. The stock has a market capitalization of C$8.57 billion, a P/E ratio of 30.48, a P/E/G ratio of 1.31 and a beta of 1.86. Osisko Gold Royalties has a 52-week low of C$38.58 and a 52-week high of C$65.54. The firm has a 50-day moving average price of C$44.28 and a 200 day moving average price of C$51.04.

Osisko Gold Royalties (TSE:OR) last announced its quarterly earnings data on Wednesday, August 5th. The company reported C$0.46 earnings per share for the quarter. Osisko Gold Royalties had a return on equity of 21.84% and a net margin of 80.76%.The company had revenue of C$138.98 million for the quarter.

Insider Transactions at Osisko Gold Royalties

In other Osisko Gold Royalties news, Director Duncan Cornell Card sold 5,000 shares of the stock in a transaction on Monday, June 15th. The stock was sold at an average price of C$50.99, for a total value of C$254,950.00. Insiders own 0.38% of the company’s stock.

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.