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Scotiabank Reaffirms Their Hold Rating on OR Royalties (OR)

Tipranks - Tipranks - Fri May 8, 9:00AM CDT

Scotiabank analyst Tanya Jakusconek maintained a Hold rating on OR Royalties today and set a price target of $51.00.

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Jakusconek covers the Basic Materials sector, focusing on stocks such as Compania de Minas Buenaventura SAA, Eldorado Gold, and Royal Gold. According to TipRanks, Jakusconek has an average return of 21.0% and a 61.29% success rate on recommended stocks.

In addition to Scotiabank, OR Royalties also received a Hold from BMO Capital’s Rene Cartier in a report issued today. However, on May 4, RBC Capital maintained a Buy rating on OR Royalties (NYSE: OR).

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The company has a one-year high of C$65.54 and a one-year low of C$31.35. Currently, OR Royalties has an average volume of 437.8K.

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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