Osisko gold royalties Ltd (TSE:OR)‘s stock had its “outperform” rating restated by analysts at BMO Capital Markets in a report released on Wednesday, May 24th. They presently have a C$15.00 price objective on the stock. BMO Capital Markets’ target price suggests a potential downside of 6.95% from the company’s previous close.
OR has been the topic of several other research reports. Royal Bank of Canada reaffirmed an “outperform” rating and set a C$19.00 price objective on shares of Osisko gold royalties in a report on Tuesday, April 11th. TD Securities raised their price objective on Osisko gold royalties from C$19.00 to C$19.50 and gave the stock a “buy” rating in a report on Tuesday, February 28th. Desjardins reaffirmed a “buy” rating and set a C$20.00 price objective on shares of Osisko gold royalties in a report on Wednesday, March 1st. Scotiabank raised their price objective on Osisko gold royalties from C$17.00 to C$18.00 and gave the stock an “outperform” rating in a report on Thursday, March 16th. Finally, CIBC raised their price objective on Osisko gold royalties from C$15.00 to C$17.00 in a report on Tuesday, February 28th. One equities research analyst has rated the stock with a hold rating and seven have assigned a buy rating to the company. The stock has an average rating of “Buy” and a consensus target price of C$19.28.
Osisko gold royalties (TSE OR) traded down 0.62% during midday trading on Wednesday, reaching $16.12. The company’s stock had a trading volume of 1,132,546 shares. The firm has a 50 day moving average price of $15.08 and a 200-day moving average price of $14.47. The company has a market cap of $1.72 billion and a P/E ratio of 37.23. Osisko gold royalties has a 12-month low of $11.90 and a 12-month high of $18.64.
In other news, Director Christopher C. Curfman acquired 3,000 shares of Osisko gold royalties stock in a transaction that occurred on Thursday, June 15th. The stock was purchased at an average price of C$12.32 per share, for a total transaction of C$36,960.00. Also, Director André Gaumond sold 14,633 shares of the firm’s stock in a transaction dated Monday, March 20th. The shares were sold at an average price of C$14.90, for a total transaction of C$218,031.70. In the last quarter, insiders have bought 5,790 shares of company stock valued at $76,370 and have sold 39,633 shares valued at $612,332.
About Osisko gold royalties
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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