Osisko gold royalties (TSE:OR) had its price objective lowered by Royal Bank of Canada from C$19.00 to C$18.00 in a research report released on Thursday morning. Royal Bank of Canada currently has an outperform rating on the stock.
A number of other brokerages have also issued reports on OR. National Bank Financial increased their target price on shares of Osisko gold royalties from C$16.25 to C$16.50 and gave the company an outperform rating in a research report on Friday, March 9th. Desjardins reiterated a buy rating on shares of Osisko gold royalties in a research report on Monday, December 11th. Scotiabank decreased their target price on shares of Osisko gold royalties from C$19.00 to C$18.50 and set an outperform rating for the company in a research report on Wednesday, February 21st. TD Securities upgraded shares of Osisko gold royalties from a hold rating to a buy rating and decreased their target price for the company from C$17.50 to C$16.50 in a research report on Wednesday, February 21st. Finally, Eight Capital reiterated a neutral rating on shares of Osisko gold royalties in a research report on Thursday, November 16th. One analyst has rated the stock with a hold rating and eight have assigned a buy rating to the company. The company presently has a consensus rating of Buy and an average price target of C$17.61.
OR stock opened at C$12.45 on Thursday. The stock has a market cap of $1,970.00, a PE ratio of -56.59 and a beta of -0.12. Osisko gold royalties has a 12-month low of C$12.00 and a 12-month high of C$17.58.
In other Osisko gold royalties news, insider Elif Lévesque acquired 4,045 shares of Osisko gold royalties stock in a transaction dated Thursday, February 22nd. The stock was bought at an average price of C$12.35 per share, for a total transaction of C$49,955.75. Also, Director Sean Roosen acquired 5,000 shares of Osisko gold royalties stock in a transaction dated Thursday, February 22nd. The shares were acquired at an average price of C$12.36 per share, with a total value of C$61,800.00. In the last 90 days, insiders have bought 10,045 shares of company stock valued at $124,366.
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Osisko gold royalties Company Profile
Osisko Gold Royalties Ltd (Osisko) is a Canada-based company engaged in the business of acquiring and managing precious metal and other interests in Canada and across the world. The Company’s assets include the Canadian Malartic mine, located in Malartic, Quebec and Eleonore mine, located in the James Bay area in Quebec.
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