National Bankshares Has Lowered Expectations for Osisko Gold Royalties (TSE:OR) Stock Price

Osisko Gold Royalties (TSE:OR) had its price target decreased by research analysts at National Bankshares from C$35.00 to C$34.00 in a research report issued to clients and investors on Tuesday,BayStreet.CA reports. The firm presently has an “outperform” rating on the stock. National Bankshares’ target price indicates a potential upside of 16.56% from the company’s current price.

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

Osisko Gold Royalties Stock Performance

Shares of OR opened at C$29.17 on Tuesday. The stock has a 50 day moving average of C$27.04 and a 200 day moving average of C$25.91. The company has a market capitalization of C$5.43 billion, a price-to-earnings ratio of -58.34, a PEG ratio of 1.31 and a beta of 0.90. Osisko Gold Royalties has a 12 month low of C$17.41 and a 12 month high of C$29.59. The company has a current ratio of 4.92, a quick ratio of 0.98 and a debt-to-equity ratio of 7.00.

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.