Insider Selling: Osisko Gold Royalties Ltd (TSE:OR) Senior Officer Sells C$273,250.00 in Stock

Osisko Gold Royalties Ltd (TSE:OR) Senior Officer André Le Bel sold 10,000 shares of the company’s stock in a transaction on Wednesday, March 5th. The stock was sold at an average price of C$27.33, for a total value of C$273,250.00.

Osisko Gold Royalties Trading Down 1.5 %

Osisko Gold Royalties stock opened at C$26.32 on Monday. The company has a current ratio of 4.40, a quick ratio of 0.98 and a debt-to-equity ratio of 5.29. The business’s fifty day simple moving average is C$27.08 and its two-hundred day simple moving average is C$26.29. Osisko Gold Royalties Ltd has a 12 month low of C$20.67 and a 12 month high of C$29.59. The company has a market capitalization of C$4.92 billion, a price-to-earnings ratio of -89.42, a price-to-earnings-growth ratio of 1.31 and a beta of 0.90.

Osisko Gold Royalties Dividend Announcement

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

Analysts Set New Price Targets

Several equities research analysts have commented on OR shares. TD Securities dropped their target price on Osisko Gold Royalties from C$31.00 to C$30.00 and set a “hold” rating on the stock in a report on Tuesday, February 25th. CIBC boosted their target price on Osisko Gold Royalties from C$36.00 to C$39.00 in a report on Monday, December 2nd. Finally, National Bankshares dropped 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.

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.