Insider Selling: Osisko Gold Royalties Ltd (TSE:OR) Senior Officer Sells C$132,006.00 in Stock

Osisko Gold Royalties Ltd (TSE:OR) Senior Officer Guy Desharnais sold 5,000 shares of the company’s stock in a transaction that occurred on Wednesday, February 26th. The stock was sold at an average price of C$26.40, for a total value of C$132,006.00.

Osisko Gold Royalties Price Performance

Shares of OR opened at C$26.48 on Friday. Osisko Gold Royalties Ltd has a 1-year low of C$18.89 and a 1-year high of C$29.59. 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 firm has a market capitalization of C$4.94 billion, a PE ratio of -89.96, a price-to-earnings-growth ratio of 1.31 and a beta of 0.90. The company’s fifty day moving average price is C$27.06 and its 200-day moving average price is C$26.15.

Osisko Gold Royalties Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, April 15th. Shareholders of record on Monday, March 31st will be given a $0.065 dividend. This represents a $0.26 dividend on an annualized basis and a dividend yield of 0.98%. Osisko Gold Royalties’s dividend payout ratio (DPR) is currently -88.33%.

Analyst Upgrades and Downgrades

OR has been the topic of a number of recent research reports. National Bankshares decreased their target price on Osisko Gold Royalties from C$35.00 to C$34.00 and set an “outperform” rating on the stock in a report on Tuesday, February 11th. TD Securities cut their price objective on Osisko Gold Royalties from C$31.00 to C$30.00 and set a “hold” rating for the company in a research report on Tuesday. BMO Capital Markets raised their price objective on Osisko Gold Royalties from C$27.00 to C$28.00 in a research report on Thursday, November 7th. Finally, CIBC lifted their price target on Osisko Gold Royalties from C$36.00 to C$39.00 in a research report on Monday, December 2nd.

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.