Osisko Gold Royalties Ltd (TSE:OR) Stock Has Consensus Target Price of C$63.20

Shares of Osisko Gold Royalties Ltd (TSE:OR) have earned an average recommendation of “Moderate Buy” from the six brokerages that are presently covering the stock, MarketBeat Ratings reports. Three research analysts have rated the stock with a hold recommendation, two have issued a buy recommendation and one has issued a strong buy recommendation on the company. The average 12-month price target among brokers that have issued a report on the stock in the last year is C$65.00.

Separately, Canadian Imperial Bank of Commerce lowered their price target on Osisko Gold Royalties from C$88.00 to C$85.00 in a research report on Thursday, July 16th.

Osisko Gold Royalties Stock Up 1.7%

OR stock opened at C$49.10 on Friday. The company has a current ratio of 2.28, a quick ratio of 0.98 and a debt-to-equity ratio of 14.78. The company’s 50 day moving average is C$48.49 and its 200 day moving average is C$48.89. The stock has a market cap of C$9.21 billion, a price-to-earnings ratio of 32.73, a price-to-earnings-growth ratio of 1.31 and a beta of 1.93. Osisko Gold Royalties has a 1-year low of C$38.58 and a 1-year high of C$65.54.

Osisko Gold Royalties (TSE:OR) last released its quarterly earnings results on Wednesday, August 5th. The company reported C$0.46 EPS for the quarter. Osisko Gold Royalties had a net margin of 80.76% and a return on equity of 21.84%. The business had revenue of C$138.98 million during the quarter.

Osisko Gold Royalties Company Profile

OR Royalties is a precious metals royalty and streaming company focused on Tier-1 mining jurisdictions defined as Canada, the United States, and Australia. OR Royalties commenced activities in June 2014 with a single producing asset, and today holds a portfolio of over 195 royalties, streams and similar interests. OR Royalties’ portfolio is anchored by its cornerstone asset, the 3-5% net smelter return royalty on Agnico Eagle Mines Limited’s Canadian Malartic Complex, one of the world’s largest gold mines.