Osisko Gold Royalties (TSE:OR) PT Raised to C$20.00 at Stifel Nicolaus

Osisko Gold Royalties (TSE:ORGet Rating) had its price target upped by Stifel Nicolaus from C$19.50 to C$20.00 in a research note issued to investors on Monday morning, BayStreet.CA reports.

A number of other analysts also recently commented on OR. Eight Capital decreased their price objective on shares of Osisko Gold Royalties from C$24.00 to C$23.50 in a report on Wednesday, October 26th. Raymond James raised their price objective on Osisko Gold Royalties from C$21.00 to C$21.50 and gave the company an outperform rating in a research note on Thursday, December 29th. BMO Capital Markets decreased their target price on Osisko Gold Royalties from C$21.00 to C$20.00 in a research report on Wednesday, January 4th. National Bankshares increased their price objective on shares of Osisko Gold Royalties from C$22.00 to C$23.00 and gave the company an outperform rating in a research note on Friday, January 13th. Finally, TD Securities raised their target price on shares of Osisko Gold Royalties from C$20.00 to C$21.00 and gave the company a buy rating in a report on Monday, November 14th. Five investment analysts have rated the stock with a buy rating, Based on data from MarketBeat.com, Osisko Gold Royalties presently has a consensus rating of Buy and a consensus target price of C$22.11.

Osisko Gold Royalties Trading Down 0.5 %

TSE OR opened at C$18.14 on Monday. The company has a quick ratio of 0.98, a current ratio of 0.98 and a debt-to-equity ratio of 17.72. The stock has a market capitalization of C$3.34 billion and a P/E ratio of -90.25. Osisko Gold Royalties has a 52-week low of C$11.90 and a 52-week high of C$18.59. The firm has a 50-day moving average price of C$16.94 and a 200 day moving average price of C$14.79.

Osisko Gold Royalties (TSE:ORGet Rating) last posted its quarterly earnings results on Wednesday, November 9th. The company reported C$0.14 earnings per share for the quarter, beating analysts’ consensus estimates of C$0.11 by C$0.03. The business had revenue of C$53.66 million during the quarter. Equities research analysts expect that Osisko Gold Royalties will post 0.48 EPS for the current year.

Osisko Gold Royalties Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Monday, January 16th. Shareholders of record on Monday, January 16th were paid a $0.055 dividend. The ex-dividend date of this dividend was Thursday, December 29th. This represents a $0.22 annualized dividend and a yield of 1.21%. Osisko Gold Royalties’s payout ratio is currently -109.45%.

Insider Buying and Selling

In other news, Director Duncan Cornell Card sold 5,000 shares of the stock in a transaction dated Friday, November 18th. The shares were sold at an average price of C$17.00, for a total transaction of C$85,000.00. In other news, Director Duncan Cornell Card sold 5,000 shares of the business’s stock in a transaction on Friday, November 18th. The shares were sold at an average price of C$17.00, for a total transaction of C$85,000.00. Also, Director Sean Roosen sold 28,300 shares of the stock in a transaction on Friday, December 23rd. The stock was sold at an average price of C$16.72, for a total value of C$473,176.00. Following the completion of the transaction, the director now directly owns 561,644 shares in the company, valued at C$9,390,687.68.

About Osisko Gold Royalties

(Get Rating)

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

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