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

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

OR has been the subject of a number of recent analyst reports. Canaccord Genuity Group upgraded shares of Osisko Gold Royalties from a “hold” rating to a “strong-buy” rating in a report on Wednesday, October 22nd. Raymond James Financial upgraded shares of Osisko Gold Royalties from a “hold” rating to a “moderate buy” rating in a report on Thursday, November 6th. Scotiabank downgraded Osisko Gold Royalties from a “strong-buy” rating to a “hold” rating in a report on Thursday, October 23rd. Finally, Jefferies Financial Group cut Osisko Gold Royalties from a “buy” rating to a “hold” rating and set a C$40.00 price objective for the company. in a report on Sunday, October 5th.

Osisko Gold Royalties Stock Performance

Shares of OR stock opened at C$57.31 on Monday. The company has a market capitalization of C$10.77 billion, a P/E ratio of 73.47, a PEG ratio of 1.31 and a beta of 1.21. Osisko Gold Royalties has a fifty-two week low of C$25.35 and a fifty-two week high of C$58.84. The company has a debt-to-equity ratio of 5.29, a quick ratio of 0.98 and a current ratio of 4.40. The stock has a 50 day moving average price of C$49.25 and a two-hundred day moving average price of C$46.64.

Insider Buying and Selling

In related news, insider Guy Desharnais sold 4,407 shares of Osisko Gold Royalties stock in a transaction on Monday, November 17th. The shares were sold at an average price of C$45.15, for a total value of C$198,976.05. Following the sale, the insider 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 insiders.

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.