BMO Capital analyst Rene Cartier maintained a Hold rating on Osisko Gold Royalties (OR – Research Report) today and set a price target of C$24.00. The company’s shares closed yesterday at $13.71.
According to TipRanks, Cartier is a 5-star analyst with an average return of 14.7% and a 46.27% success rate. Cartier covers the Basic Materials sector, focusing on stocks such as Osisko Gold Royalties, Taseko Mines, and Sandstorm Gold.
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Osisko Gold Royalties with a $17.94 average price target, implying a 30.85% upside from current levels. In a report released today, Scotiabank also maintained a Hold rating on the stock with a C$23.00 price target.
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The company has a one-year high of $17.78 and a one-year low of $11.20. Currently, Osisko Gold Royalties has an average volume of 943.3K.
Based on the recent corporate insider activity of 54 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of OR in relation to earlier this year.
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Osisko Gold Royalties (OR) Company Description:
Osisko Gold Royalties Ltd. operates as an intermediate precious metal company, which engages in mining and exploration. Its assets portfolio includes Malartic and Éléonore royalties. The company was founded on April 29, 2014 and is headquartered in Montreal, Canada.
Read More on OR:
- Osisko Announces Q4 2023 GEO Deliveries, Record Cash Margin and Reduced Debt Balance
- Osisko Gold price target raised by C$1 at Scotiabank
- Osisko Gold price target raised to C$23 from C$22 at Scotiabank
- Osisko Gold sells common shares of Osisko Mining for proceeds of C$132M
- Osisko Gold Royalties Announces Sale of Common Shares of Osisko Mining for Gross Proceeds of C$132 Million
