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

Osisko Gold Royalties (TSE:OR) had its price objective cut by research analysts at TD Securities from C$31.00 to C$30.00 in a research report issued to clients and investors on Tuesday,BayStreet.CA reports. The brokerage presently has a “hold” rating on the stock. TD Securities’ price target points to a potential upside of 15.43% from the company’s current price.

Several other brokerages also recently commented on OR. National Bankshares decreased their target price on shares of Osisko Gold Royalties from C$35.00 to C$34.00 and set an “outperform” rating on the stock in a research note on Tuesday, February 11th. CIBC raised their price objective on Osisko Gold Royalties from C$36.00 to C$39.00 in a research report on Monday, December 2nd. Finally, BMO Capital Markets upped their price target on Osisko Gold Royalties from C$27.00 to C$28.00 in a research note on Thursday, November 7th.

Osisko Gold Royalties Price Performance

Osisko Gold Royalties stock traded down C$0.49 during midday trading on Tuesday, reaching C$25.99. 898,353 shares of the stock were exchanged, compared to its average volume of 335,476. The company’s fifty day moving average is C$27.09 and its 200-day moving average is C$26.12. Osisko Gold Royalties has a 52 week low of C$18.56 and a 52 week high of C$29.59. The firm has a market cap of C$4.85 billion, a PE ratio of -88.30, a PEG ratio of 1.31 and a beta of 0.90. The company has a debt-to-equity ratio of 5.29, a quick ratio of 0.98 and a current ratio of 4.40.

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.