Osisko Gold Royalties (TSE:OR) Upgraded at Canaccord Genuity Group

Canaccord Genuity Group upgraded shares of Osisko Gold Royalties (TSE:OR) from a hold rating to a strong-buy rating in a research note published on Wednesday,Zacks.com reports.

OR has been the subject of several other research reports. Jefferies Financial Group lowered shares of Osisko Gold Royalties from a “buy” rating to a “hold” rating and set a C$40.00 price objective for the company. in a research note on Sunday, October 5th. TD Securities upped their price target on shares of Osisko Gold Royalties from C$35.00 to C$40.00 in a research note on Wednesday, July 16th. Raymond James Financial lowered shares of Osisko Gold Royalties from a “moderate buy” rating to a “hold” rating in a research note on Friday, October 10th. Finally, National Bankshares upped their price target on shares of Osisko Gold Royalties from C$38.00 to C$40.00 and gave the company an “outperform” rating in a research note on Tuesday, June 24th. One analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating and four have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of C$40.86.

Osisko Gold Royalties Trading Down 0.9%

TSE OR opened at C$46.65 on Wednesday. The company has a quick ratio of 0.98, a current ratio of 4.40 and a debt-to-equity ratio of 5.29. The firm has a market cap of C$8.78 billion, a PE ratio of 111.07, a price-to-earnings-growth ratio of 1.31 and a beta of 1.18. The company has a 50 day moving average price of C$49.50 and a 200 day moving average price of C$40.25. Osisko Gold Royalties has a 52 week low of C$25.35 and a 52 week high of C$58.84.

Osisko Gold Royalties Company Profile

Osisko is an intermediate precious metal royalty company focused on the Americas that commenced activities in June 2014. Osisko holds a North American focused portfolio of over 175 royalties, streams and precious metal offtakes. Osisko’s portfolio is anchored by its cornerstone asset, a 5% net smelter return royalty on the Canadian Malartic mine, which is the largest gold mine in Canada.