Osisko Gold Royalties (TSE:OR) PT Raised to C$27.00 at Scotiabank

Osisko Gold Royalties (TSE:OR) had its target price upped by stock analysts at Scotiabank from C$25.00 to C$27.00 in a note issued to investors on Monday, BayStreet.CA reports. Scotiabank’s price objective points to a potential upside of 13.64% from the stock’s current price.

OR has been the subject of a number of other research reports. TD Securities upped their target price on Osisko Gold Royalties from C$28.00 to C$29.00 and gave the stock a “buy” rating in a research report on Monday, July 22nd. Raymond James lifted their target price on shares of Osisko Gold Royalties from C$26.00 to C$28.00 in a report on Tuesday, April 23rd. Jefferies Financial Group raised shares of Osisko Gold Royalties from a “hold” rating to a “buy” rating in a research report on Friday, July 12th. Canaccord Genuity Group lifted their price objective on Osisko Gold Royalties from C$30.00 to C$31.00 in a research note on Tuesday, July 23rd. Finally, National Bankshares boosted their price objective on Osisko Gold Royalties from C$26.00 to C$28.00 and gave the stock an “outperform” rating in a research report on Wednesday, July 17th. One equities research analyst has rated the stock with a hold rating and seven have issued a buy rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of C$28.50.

Osisko Gold Royalties Price Performance

Shares of TSE:OR opened at C$23.76 on Monday. The company has a debt-to-equity ratio of 7.00, a current ratio of 4.92 and a quick ratio of 0.98. The stock has a market capitalization of C$4.42 billion, a P/E ratio of -47.52, a P/E/G ratio of 1.31 and a beta of 0.88. The business has a 50-day moving average of C$22.99 and a two-hundred day moving average of C$21.98. Osisko Gold Royalties has a fifty-two week low of C$15.42 and a fifty-two week high of C$25.19.

Insider Buying and Selling at Osisko Gold Royalties

In other news, Director Everard Trenton Richards sold 15,000 shares of Osisko Gold Royalties stock in a transaction that occurred on Friday, August 9th. The stock was sold at an average price of C$22.19, for a total transaction of C$332,913.00. In other news, Director Victor Bradley sold 5,000 shares of Osisko Gold Royalties stock in a transaction dated Monday, June 3rd. The shares were sold at an average price of C$22.66, for a total transaction of C$113,309.00. Also, Director Everard Trenton Richards sold 15,000 shares of the company’s stock in a transaction dated Friday, August 9th. The shares were sold at an average price of C$22.19, for a total transaction of C$332,913.00. Insiders sold a total of 25,000 shares of company stock valued at $562,172 in the last quarter. Corporate insiders own 0.38% of the company’s stock.

About Osisko Gold Royalties

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.