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

Osisko Gold Royalties (TSE:OR) had its price objective 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.

OR has been the topic of a number of other research reports. TD Securities downgraded shares of Osisko Gold Royalties from a “buy” rating to a “hold” rating in a report on Monday, November 11th. CIBC raised their price target on shares of Osisko Gold Royalties from C$36.00 to C$39.00 in a report on Monday, December 2nd. BMO Capital Markets raised their price target on shares of Osisko Gold Royalties from C$27.00 to C$28.00 in a report on Thursday, November 7th. Finally, Stifel Nicolaus raised their price target on shares of Osisko Gold Royalties from C$29.00 to C$31.00 in a report on Monday, October 21st.

Osisko Gold Royalties Stock Down 0.6 %

TSE:OR opened at C$29.00 on Tuesday. The firm has a market cap of C$5.42 billion, a P/E ratio of -98.52, a P/E/G 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. Osisko Gold Royalties has a fifty-two week low of C$17.41 and a fifty-two week high of C$29.59. The firm has a 50-day simple moving average of C$27.08 and a two-hundred day simple moving average of C$25.93.

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.