Osisko Gold Royalties (TSE:OR) Price Target Lowered to C$30.00 at TD Securities

Osisko Gold Royalties (TSE:OR) had its price target lowered by analysts at TD Securities from C$31.00 to C$30.00 in a research note issued to investors on Tuesday,BayStreet.CA reports. The brokerage presently has a “hold” rating on the stock. TD Securities’ price target would indicate a potential upside of 12.28% from the company’s previous close.

OR has been the subject of several other research reports. CIBC increased their price target on shares of Osisko Gold Royalties from C$36.00 to C$39.00 in a research report on Monday, December 2nd. BMO Capital Markets increased their price target on shares of Osisko Gold Royalties from C$27.00 to C$28.00 in a research report on Thursday, November 7th. Finally, National Bankshares reduced their price target on shares of Osisko Gold Royalties from C$35.00 to C$34.00 and set an “outperform” rating for the company in a research report on Tuesday, February 11th.

Osisko Gold Royalties Stock Performance

Shares of OR stock opened at C$26.72 on Tuesday. The firm has a 50-day moving average of C$27.07 and a 200-day moving average of C$26.14. The company has a market cap of C$4.99 billion, a P/E ratio of -90.78, a P/E/G ratio of 1.31 and a beta of 0.90. The company has a debt-to-equity ratio of 5.29, a current ratio of 4.40 and a quick ratio of 0.98. Osisko Gold Royalties has a one year low of C$18.56 and a one year high of C$29.59.

Insider Activity at Osisko Gold Royalties

In other Osisko Gold Royalties news, Senior Officer Guy Desharnais sold 5,000 shares of Osisko Gold Royalties stock in a transaction that occurred on Wednesday, February 26th. The shares were sold at an average price of C$26.40, for a total transaction of C$132,006.00. 0.38% of the stock is currently owned by insiders.

Osisko Gold Royalties Company Profile

Osisko Gold Royalties Ltd acquires and manages precious metal and other royalties, streams, and other interests in Canada and internationally. It also owns options on offtake; royalty/stream financings; and exclusive rights to participate in future royalty/stream financings on various projects. The company's primary asset is a 3-5% net smelter return royalty on the Canadian Malartic complex located in Canada.