Osisko gold royalties (TSE:OR) Stock Rating Reaffirmed by National Bank Financial

Osisko gold royalties (TSE:OR)‘s stock had its “sector perform” rating reissued by investment analysts at National Bank Financial in a report issued on Monday, BayStreet.CA reports. They currently have a C$20.00 target price on the stock. National Bank Financial’s price objective would indicate a potential upside of 36.61% from the company’s previous close.

Several other research firms also recently commented on OR. CIBC lifted their price target on shares of Osisko gold royalties from C$18.00 to C$18.50 in a research note on Monday, July 15th. Canaccord Genuity lifted their price target on shares of Osisko gold royalties from C$18.00 to C$18.50 in a research note on Friday, July 19th. TD Securities lifted their price target on shares of Osisko gold royalties from C$16.00 to C$16.50 and gave the stock a “hold” rating in a research note on Friday, July 12th. Raymond James set a C$18.00 price target on shares of Osisko gold royalties and gave the stock an “outperform” rating in a research note on Tuesday, September 17th. Finally, Eight Capital lifted their price target on shares of Osisko gold royalties from C$13.25 to C$18.50 in a research note on Thursday, August 8th. Three research analysts have rated the stock with a hold rating and two have given a buy rating to the stock. The company presently has an average rating of “Hold” and an average price target of C$18.53.

OR stock opened at C$14.64 on Monday. The company has a market capitalization of $2.32 billion and a PE ratio of -16.11. Osisko gold royalties has a one year low of C$9.27 and a one year high of C$17.47. The company’s 50 day moving average price is C$16.42 and its two-hundred day moving average price is C$14.99. The company has a debt-to-equity ratio of 21.93, a quick ratio of 1.20 and a current ratio of 1.96.



Osisko gold royalties (TSE:OR) last posted its quarterly earnings results on Wednesday, July 31st. The company reported C$0.05 EPS for the quarter, topping the consensus estimate of C$0.03 by C$0.02. The business had revenue of C$131.61 million for the quarter, compared to analysts’ expectations of C$97.00 million. On average, research analysts predict that Osisko gold royalties will post 0.33 EPS for the current year.

In related news, Director Pierre Labbé sold 3,613 shares of Osisko gold royalties stock in a transaction on Monday, August 12th. The shares were sold at an average price of C$16.98, for a total value of C$61,338.62. Following the transaction, the director now directly owns 9,758 shares of the company’s stock, valued at C$165,663.52. Also, Senior Officer Bryan A. Coates sold 12,500 shares of Osisko gold royalties stock in a transaction on Tuesday, August 20th. The stock was sold at an average price of C$16.39, for a total transaction of C$204,812.50. Following the completion of the transaction, the insider now directly owns 150,375 shares in the company, valued at C$2,463,894.38. Over the last ninety days, insiders sold 294,213 shares of company stock worth $4,903,920.

Osisko gold royalties Company Profile

Osisko Gold Royalties Ltd acquires and manages precious metal and other royalties, streams, and similar interests in Canada and internationally. Its assets include the 5% net smelter return (NSR) royalty on the Canadian Malartic mine; the 2.0% to 3.5% NSR royalty on the Eleonore mine; a 9.6% diamond stream on the Renard diamond mine; a 4% gold and silver stream on the Brucejack gold; a 3% NSR royalty on the Seabee gold operations located in Saskatchewan, Canada; and the 1.38% to 2.55% NSR royalty on the Island Gold mine.

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Analyst Recommendations for Osisko gold royalties (TSE:OR)

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