Osisko Gold Royalties Ltd (TSE:OR) Receives C$30.25 Average Price Target from Brokerages

Shares of Osisko Gold Royalties Ltd (TSE:OR) have earned an average rating of “Moderate Buy” from the six ratings firms that are currently covering the stock, MarketBeat.com reports. One equities research analyst has rated the stock with a hold recommendation and five have given a buy recommendation to the company. The average twelve-month price objective among analysts that have updated their coverage on the stock in the last year is C$30.25.

OR has been the subject of a number of analyst reports. Scotiabank upped their price objective on shares of Osisko Gold Royalties from C$25.00 to C$27.00 in a research note on Monday, August 19th. Raymond James reduced their price objective on shares of Osisko Gold Royalties from C$27.50 to C$27.00 in a research note on Monday, August 19th. CIBC increased their price target on shares of Osisko Gold Royalties from C$36.00 to C$39.00 in a research report on Monday, December 2nd. BMO Capital Markets increased their price target on shares of Osisko Gold Royalties from C$27.00 to C$28.00 in a research report on Thursday, November 7th. Finally, TD Securities lowered shares of Osisko Gold Royalties from a “buy” rating to a “hold” rating in a research report on Monday, November 11th.

Insider Activity at Osisko Gold Royalties

In other Osisko Gold Royalties news, Director Duncan Cornell Card sold 10,000 shares of the stock in a transaction that occurred on Tuesday, October 15th. The stock was sold at an average price of C$27.03, for a total transaction of C$270,331.00. Insiders own 0.38% of the company’s stock.

Osisko Gold Royalties Price Performance

OR stock opened at C$27.12 on Monday. The company has a current ratio of 4.92, a quick ratio of 0.98 and a debt-to-equity ratio of 7.00. Osisko Gold Royalties has a one year low of C$17.41 and a one year high of C$29.57. The firm has a market capitalization of C$5.05 billion, a PE ratio of -54.24, a P/E/G ratio of 1.31 and a beta of 0.90. The firm has a 50-day moving average of C$27.27 and a two-hundred day moving average of C$24.56.

Osisko Gold Royalties Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, January 15th. Investors of record on Tuesday, December 31st will be given a dividend of $0.065 per share. This represents a $0.26 annualized dividend and a yield of 0.96%. The ex-dividend date is Tuesday, December 31st. Osisko Gold Royalties’s payout ratio is presently -52.00%.

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.