CIBC Maintains a Buy Rating on Osisko Gold Royalty (OR)


Shares of Osisko Gold Royalty (OR) were revisited by a Wall Street analyst today. Analyst Cosmos Chiu from CIBC remains bullish on the stock and has a C$18.50 price target.

According to TipRanks.com, Chiu is a 5-star analyst with an average return of 13.2% and a 54.7% success rate. Chiu covers the Basic Materials sector, focusing on stocks such as Osisko Gold Royalties Ltd, Kirkland Lake Gold Ltd, and Hecla Mining Company.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Osisko Gold Royalty with a C$16.75 average price target.

The company has a one-year high of C$16.08 and a one-year low of C$9.27. Currently, Osisko Gold Royalty has an average volume of 412.2K.

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.

The company’s shares closed on Monday at C$13.80.

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