RBC Capital Remains a Buy on Osisko Gold Royalties (OR)

RBC Capital analyst Josh Wolfson maintained a Buy rating on Osisko Gold Royalties (ORResearch Report) on August 15 and set a price target of $15.00. The company’s shares closed yesterday at $10.43.

Wolfson covers the Basic Materials sector, focusing on stocks such as Newmont Mining, Gold Fields, and Kinross Gold. According to TipRanks, Wolfson has an average return of -2.7% and a 42.21% success rate on recommended stocks.

In addition to RBC Capital, Osisko Gold Royalties also received a Buy from Raymond James’s Brian MacArthur in a report issued on August 11. However, on August 10, BMO Capital maintained a Hold rating on Osisko Gold Royalties (NYSE: OR).

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OR market cap is currently $1.93B and has a P/E ratio of -571.43.

Based on the recent corporate insider activity of 30 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.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

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.

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