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RBC Capital Sticks to Their Buy Rating for OR Royalties (OR)

Tipranks - Tipranks - Tue May 5, 9:00PM CDT

In a report released yesterday, Josh Wolfson from RBC Capital maintained a Buy rating on OR Royalties, with a price target of $56.00.

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According to TipRanks, Wolfson is a 5-star analyst with an average return of 20.4% and a 63.51% success rate. Wolfson covers the Basic Materials sector, focusing on stocks such as Wheaton Precious Metals, Royal Gold, and Barrick Mining.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for OR Royalties with a $51.34 average price target.

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OR market cap is currently C$9.35B and has a P/E ratio of 43.54.

Based on the recent corporate insider activity of 66 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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