After Today’s Huge Increase, Is Osisko gold royalties Ltd’s Near-Term Analysis Positive?

 After Today's Huge Increase, Is Osisko gold royalties Ltd's Near Term Analysis Positive?

The stock of Osisko gold royalties Ltd (TSE:OR) is a huge mover today! About 163,705 shares traded hands. Osisko gold royalties Ltd (TSE:OR) has declined 12.53% since April 11, 2016 and is downtrending. It has underperformed by 18.67% the S&P500.
The move comes after 5 months positive chart setup for the $1.30B company. It was reported on Nov, 11 by Barchart.com. We have $17.65 PT which if reached, will make TSE:OR worth $520.00 million more.

Osisko gold royalties Ltd (TSE:OR) Ratings Coverage

Out of 6 analysts covering Osisko Gold Royalties (TSE:OR), 5 rate it a “Buy”, 0 “Sell”, while 1 “Hold”. This means 83% are positive. $20 is the highest target while $17.50 is the lowest. The $18.75 average target is 48.69% above today’s ($12.61) stock price. Osisko Gold Royalties has been the topic of 10 analyst reports since July 24, 2015 according to StockzIntelligence Inc. The stock has “Outperform” rating given by RBC Capital Markets on Monday, August 24. The stock has “Buy” rating given by GMP Securities on Wednesday, October 14. The firm earned “Outperform” rating on Tuesday, October 20 by RBC Capital Markets. The firm has “Market Perform” rating by BMO Capital Markets given on Monday, September 14. The firm earned “Outperform” rating on Friday, November 6 by National Bank Canada. RBC Capital Markets maintained the stock with “Outperform” rating in Friday, July 24 report.

More important recent Osisko gold royalties Ltd (TSE:OR) news were published by: Marketwatch.com which released: “Osisko Gold Royalties Ltd.” on July 31, 2009, also Marketwatch.com published article titled: “Osisko Gold Royalties Ltd.: Early Warning Report”, Juniorminingnetwork.com published: “Osisko Gold Royalties Reports Third Quarter 2016 Results” on November 09, 2016. More interesting news about Osisko gold royalties Ltd (TSE:OR) was released by: Quotes.Wsj.com and their article: “News Osisko Gold Royalties Ltd.OR” with publication date: February 14, 2011.

Osisko Gold Royalties Ltd is a Canada firm engaged in the business of acquiring and managing precious metal and other interests in Canada and across the world. The company has a market cap of $1.30 billion. 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 has a 34.83 P/E ratio. 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.

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