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

Shares of Osisko Gold Royalties Ltd (TSE:OR) have been assigned a consensus rating of “Moderate Buy” from the six brokerages that are currently covering the company, Marketbeat Ratings reports. Three analysts have rated the stock with a hold rating, two have assigned a buy rating and one has issued a strong buy rating on the company. The average 12 month target price among analysts that have issued ratings on the stock in the last year is C$41.17.

Several research firms recently issued reports on OR. Jefferies Financial Group lowered Osisko Gold Royalties from a “buy” rating to a “hold” rating and set a C$40.00 price target on the stock. in a research report on Sunday, October 5th. Raymond James Financial upgraded shares of Osisko Gold Royalties from a “hold” rating to a “moderate buy” rating in a research note on Thursday, November 6th. Scotiabank cut shares of Osisko Gold Royalties from a “strong-buy” rating to a “hold” rating in a report on Thursday, October 23rd. Finally, Canaccord Genuity Group raised shares of Osisko Gold Royalties from a “hold” rating to a “strong-buy” rating in a report on Wednesday, October 22nd.

Insider Transactions at Osisko Gold Royalties

In other Osisko Gold Royalties news, insider Guy Desharnais sold 4,407 shares of Osisko Gold Royalties stock in a transaction that occurred on Monday, November 17th. The stock was sold at an average price of C$45.15, for a total value of C$198,976.05. Following the completion of the transaction, the insider directly owned 24,814 shares in the company, valued at C$1,120,352.10. The trade was a 15.08% decrease in their ownership of the stock. 0.38% of the stock is owned by corporate insiders.

Osisko Gold Royalties Trading Down 3.9%

Shares of TSE OR opened at C$48.74 on Thursday. 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 stock’s 50 day moving average price is C$47.20 and its two-hundred day moving average price is C$44.93. Osisko Gold Royalties has a 52-week low of C$25.35 and a 52-week high of C$58.84. The stock has a market capitalization of C$9.17 billion, a P/E ratio of 62.49, a PEG ratio of 1.31 and a beta of 1.20.

About Osisko Gold Royalties

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.