Osisko gold royalties (NYSE:OR)‘s stock had its “outperform” rating restated by Raymond James in a report issued on Friday, Stock Target Advisor reports. They currently have a $16.00 target price on the basic materials company’s stock. Raymond James’ price objective points to a potential upside of 88.24% from the company’s previous close. Raymond James also issued estimates for Osisko gold royalties’ FY2019 earnings at $0.21 EPS.
OR has been the subject of a number of other reports. Royal Bank of Canada cut shares of Osisko gold royalties from an “outperform” rating to a “sector perform” rating and reduced their target price for the company from $19.00 to $16.00 in a report on Tuesday, September 24th. TD Securities reduced their price objective on shares of Osisko gold royalties from $16.50 to $15.50 and set a “hold” rating for the company in a research note on Tuesday, September 24th. Zacks Investment Research raised shares of Osisko gold royalties from a “hold” rating to a “buy” rating and set a $11.00 price objective for the company in a research note on Saturday, September 28th. ValuEngine cut shares of Osisko gold royalties from a “sell” rating to a “strong sell” rating in a research note on Friday. Finally, CIBC cut shares of Osisko gold royalties from an “outperform” rating to a “neutral” rating and reduced their price objective for the stock from $18.50 to $15.25 in a research note on Tuesday. One equities research analyst has rated the stock with a sell rating, five have given a hold rating and four have assigned a buy rating to the stock. The company has a consensus rating of “Hold” and a consensus target price of $15.54.
Shares of OR stock opened at $8.50 on Friday. Osisko gold royalties has a 12 month low of $7.00 and a 12 month high of $13.43. The stock has a market cap of $1.33 billion, a P/E ratio of 56.67, a P/E/G ratio of 1.87 and a beta of -0.07. The company has a current ratio of 1.96, a quick ratio of 1.96 and a debt-to-equity ratio of 0.22. The company has a 50 day simple moving average of $9.70 and a two-hundred day simple moving average of $10.84.
Osisko gold royalties Company Profile
Osisko Gold Royalties Ltd acquires and manages precious metal and other royalties, streams, and similar interests in Canada and internationally. Its assets include the 5% net smelter return (NSR) royalty on the Canadian Malartic mine; the 2.0% to 3.5% NSR royalty on the Eleonore mine; a 9.6% diamond stream on the Renard diamond mine; a 4% gold and silver stream on the Brucejack gold; a 3% NSR royalty on the Seabee gold operations located in Saskatchewan, Canada; and the 1.38% to 2.55% NSR royalty on the Island Gold mine.
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