In a report released on February 20, Josh Wolfson from RBC Capital maintained a Buy rating on Osisko Gold Royalties (OR – Research Report), with a price target of $17.00. The company’s shares closed yesterday at $13.75.
According to TipRanks, Wolfson is a 2-star analyst with an average return of 0.3% and a 50.42% success rate. Wolfson covers the Basic Materials sector, focusing on stocks such as Royal Gold, Sandstorm Gold, and Gold Fields.
Osisko Gold Royalties has an analyst consensus of Strong Buy, with a price target consensus of $18.52, a 34.69% upside from current levels. In a report released yesterday, National Bank also maintained a Buy rating on the stock with a C$23.00 price target.
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OR market cap is currently $2.62B and has a P/E ratio of -72.70.
Based on the recent corporate insider activity of 48 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 Declares First Quarter 2024 Dividend
- Osisko Gold sees FY24 GEOs earned 82,000-92,000
- Osisko Reports Record 2023 Results and Provides 2024 Guidance and New 5-Year Outlook
- Osisko Gold reports Q4 adjusted EPS C$0.16 vs. C$0.16 last year
- 5 Best Gold Stocks to Buy Now, According to Analysts – February 2024
