TD Securities announced Osisko Gold Royalties (TSE:OR), boosting its stock price target to $19.50 today
- Updated: March 20, 2017
Just yesterday Osisko Gold Royalties (TSE:OR) traded 2.03% higher at $14.95. Osisko Gold Royalties’s 50-day moving average is $14.78 and its 200-day moving average is $14.06. The last closing price is up 7.26% from the 200-day moving average, compared to the Standard & Poor's 500 Index which has increased 0.04% over the same time period. 529,324 shares of OR traded hands, down from an average trading volume of 619,051
In a report announced on 03/20/2017 TD Securities raised the target price of Osisko Gold Royalties (TSE:OR) to $19.50 indicating a possible upside of 0.30%.
Previously on Thursday March 16, 2017, Scotia Capital reported on Osisko Gold Royalties (TSE:OR) increased the target price from $17.00 to $18.00. At the time, this indicated a possible upside of 0.19%.
Recent Performance Chart
Osisko Gold Royalties has 52 week low of $11.90 and a 52 week high of $18.64 with a PE ratio of 41.09 and has a market capitalization of $0.
In addition to TD Securities reporting its stock price target, a total of 15 brokers have issued a research note on the company. The average stock price target is $13.54 with 4 brokers rating the stock a strong buy, 9 brokers rating the stock a buy, 2 brokers rating the stock a hold, 0 brokers rating the stock a underperform, and finally 0 brokers rating the stock a sell.
Brief Synopsis On Osisko Gold Royalties (TSE:OR)
Osisko Gold Royalties Ltd (Osisko) is a Canada-based company engaged in the business of acquiring and managing precious metal and other interests in Canada and across the world. The Company's assets include the Canadian Malartic mine, located in Malartic, Quebec and Eleonore mine, located in the James Bay area in Quebec. It invests in equities of exploration and royalty companies, as well as holds interest in exploration and evaluation projects in over four prolific gold camps: the Abitibi Gold Belt, the James Bay area, the Cariboo mining district and the Guerrero Gold Belt in Mexico. It holds interest in Vezza gold property, which is located over 20 kilometers from Matagami, Quebec, and Cariboo Gold Project, which covers an area of approximately 1,160 square kilometers. It owns a portfolio of royalties, options on royalties and exclusive rights to participate in future royalty/stream financings on various projects, in Canada and the United States.
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