Osisko gold royalties (TSE:OR) had its price target decreased by analysts at TD Securities from C$17.00 to C$13.50 in a note issued to investors on Thursday. The firm currently has a “buy” rating on the stock. TD Securities’ price target would suggest a potential upside of 38.18% from the stock’s previous close.
Other equities research analysts have also issued research reports about the stock. Eight Capital decreased their price objective on shares of Osisko gold royalties from C$15.50 to C$12.15 in a research note on Wednesday. Canaccord Genuity decreased their price target on shares of Osisko gold royalties from C$19.00 to C$17.50 in a research note on Thursday, October 18th. National Bank Financial decreased their price target on shares of Osisko gold royalties from C$16.00 to C$15.00 in a research note on Saturday, July 14th. Finally, Raymond James decreased their price target on shares of Osisko gold royalties from C$17.00 to C$16.50 and set an “outperform” rating for the company in a research note on Thursday. One investment analyst has rated the stock with a hold rating and six have issued a buy rating to the company. Osisko gold royalties has a consensus rating of “Buy” and an average price target of C$16.02.
TSE:OR opened at C$9.77 on Thursday. The company has a current ratio of 7.79, a quick ratio of 7.46 and a debt-to-equity ratio of 22.25. Osisko gold royalties has a 52 week low of C$9.49 and a 52 week high of C$15.65.
About Osisko gold royalties
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 and silver mine; and a silver stream on the Gibraltar mine, all located in Canada.
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