Osisko Gold Royalties (TSE:OR) Given New C$30.00 Price Target at TD Securities

Osisko Gold Royalties (TSE:OR) had its price target cut by TD Securities from C$31.00 to C$30.00 in a research note published on Tuesday,BayStreet.CA reports. They currently have a hold rating on the stock.

OR has been the subject of several other reports. National Bankshares lowered their price objective on Osisko Gold Royalties from C$35.00 to C$34.00 and set an “outperform” rating for the company in a report on Tuesday, February 11th. CIBC lifted their target price on Osisko Gold Royalties from C$36.00 to C$39.00 in a research report on Monday, December 2nd. Finally, BMO Capital Markets upped their price target on Osisko Gold Royalties from C$27.00 to C$28.00 in a research report on Thursday, November 7th.

Osisko Gold Royalties Stock Performance

TSE:OR opened at C$26.26 on Tuesday. The firm has a 50-day moving average of C$27.07 and a two-hundred day moving average of C$26.13. The company has a debt-to-equity ratio of 5.29, a current ratio of 4.40 and a quick ratio of 0.98. The stock has a market cap of C$4.90 billion, a P/E ratio of -89.21, a PEG ratio of 1.31 and a beta of 0.90. Osisko Gold Royalties has a 1-year low of C$18.56 and a 1-year high of C$29.59.

Osisko Gold Royalties Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, April 15th. Investors of record on Monday, March 31st will be paid a $0.065 dividend. This represents a $0.26 annualized dividend and a dividend yield of 0.99%. Osisko Gold Royalties’s payout ratio is presently -88.33%.

About Osisko Gold Royalties

Osisko Gold Royalties Ltd acquires and manages precious metal and other royalties, streams, and other interests in Canada and internationally. It also owns options on offtake; royalty/stream financings; and exclusive rights to participate in future royalty/stream financings on various projects. The company's primary asset is a 3-5% net smelter return royalty on the Canadian Malartic complex located in Canada.