National Bankshares Lowers Osisko Gold Royalties (TSE:OR) Price Target to C$34.00

Osisko Gold Royalties (TSE:OR) had its price target decreased by National Bankshares from C$35.00 to C$34.00 in a research report released on Tuesday,BayStreet.CA reports. National Bankshares currently has an outperform rating on the stock.

Other equities research analysts have also recently issued research reports about the stock. Stifel Nicolaus raised their target price on shares of Osisko Gold Royalties from C$29.00 to C$31.00 in a research note on Monday, October 21st. BMO Capital Markets raised their target price on shares of Osisko Gold Royalties from C$27.00 to C$28.00 in a research note on Thursday, November 7th. TD Securities cut shares of Osisko Gold Royalties from a “buy” rating to a “hold” rating in a research note on Monday, November 11th. Finally, CIBC raised their target price on shares of Osisko Gold Royalties from C$36.00 to C$39.00 in a research note on Monday, December 2nd.

Osisko Gold Royalties Stock Performance

OR opened at C$29.00 on Tuesday. The company has a current ratio of 4.40, a quick ratio of 0.98 and a debt-to-equity ratio of 5.29. The company has a market cap of C$5.42 billion, a price-to-earnings ratio of -98.52, a PEG ratio of 1.31 and a beta of 0.90. The company’s 50 day moving average is C$27.08 and its 200 day moving average is C$25.93. Osisko Gold Royalties has a 12-month low of C$17.41 and a 12-month high of C$29.59.

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.