Osisko Gold Royalties Ltd (TSE:OR – Get Free Report)’s stock price passed above its 50 day moving average during trading on Thursday. The stock has a 50 day moving average of C$49.29 and traded as high as C$50.00. Osisko Gold Royalties shares last traded at C$49.34, with a volume of 417,646 shares trading hands.
Analyst Upgrades and Downgrades
Separately, Canadian Imperial Bank of Commerce cut their price objective on Osisko Gold Royalties from C$88.00 to C$85.00 in a research report on Thursday, July 16th. One investment analyst has rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of C$73.33.
Check Out Our Latest Report on OR
Osisko Gold Royalties Stock Performance
The stock has a market capitalization of C$9.24 billion, a price-to-earnings ratio of 32.89, a P/E/G ratio of 1.31 and a beta of 1.97. The company’s fifty day simple moving average is C$49.29 and its 200 day simple moving average is C$50.71. The company has a quick ratio of 0.98, a current ratio of 2.28 and a debt-to-equity ratio of 14.78.
Osisko Gold Royalties (TSE:OR – Get Free Report) last issued its quarterly earnings data on Wednesday, August 5th. The company reported C$0.46 earnings per share for the quarter. The company had revenue of C$138.98 million for the quarter. Osisko Gold Royalties had a net margin of 80.76% and a return on equity of 21.84%.
Osisko Gold Royalties Company Profile
OR Royalties is a precious metals royalty and streaming company focused on Tier-1 mining jurisdictions defined as Canada, the United States, and Australia. OR Royalties commenced activities in June 2014 with a single producing asset, and today holds a portfolio of over 195 royalties, streams and similar interests. OR Royalties’ portfolio is anchored by its cornerstone asset, the 3-5% net smelter return royalty on Agnico Eagle Mines Limited’s Canadian Malartic Complex, one of the world’s largest gold mines.
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