Osisko gold royalties (OR) Price Target Increased to C$22.50 by Analysts at Canaccord Genuity

Osisko gold royalties (TSE:OR) had its target price hoisted by equities research analysts at Canaccord Genuity from C$22.00 to C$22.50 in a research report issued to clients and investors on Friday. Canaccord Genuity’s price objective would indicate a potential upside of 54.43% from the company’s previous close.

A number of other research firms have also weighed in on OR. National Bank Financial upped their price objective on shares of Osisko gold royalties from C$19.00 to C$19.25 and gave the stock an “outperform” rating in a research note on Thursday, November 9th. Desjardins reaffirmed a “buy” rating on shares of Osisko gold royalties in a research note on Monday, December 11th. Eight Capital reaffirmed a “neutral” rating on shares of Osisko gold royalties in a research note on Thursday, November 16th. Scotiabank lowered their price objective on shares of Osisko gold royalties from C$21.00 to C$20.00 and set an “outperform” rating for the company in a research note on Monday, November 6th. Finally, CIBC lowered their price objective on shares of Osisko gold royalties from C$19.00 to C$17.00 in a research note on Thursday, December 14th. Two analysts have rated the stock with a hold rating and six have issued a buy rating to the stock. The company currently has an average rating of “Buy” and an average price target of C$19.19.

Osisko gold royalties (OR) traded down C$0.13 during trading hours on Friday, reaching C$14.57. 703,031 shares of the company were exchanged, compared to its average volume of 504,829. Osisko gold royalties has a 52 week low of C$13.59 and a 52 week high of C$17.58. The stock has a market capitalization of $2,310.00, a price-to-earnings ratio of 53.96 and a beta of -0.21.

Osisko gold royalties (TSE:OR) last released its quarterly earnings data on Wednesday, November 8th. The company reported C$0.06 earnings per share for the quarter, missing the Zacks’ consensus estimate of C$0.10 by C($0.04). Osisko gold royalties had a return on equity of 1.72% and a net margin of 9.72%.

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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.

Analyst Recommendations for Osisko gold royalties (TSE:OR)

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