Haywood Securities Lowers Osisko Gold Royalties (TSE:OR) Price Target to C$23.00

Osisko Gold Royalties (TSE:ORGet Rating) had its target price decreased by Haywood Securities from C$25.00 to C$23.00 in a research report released on Tuesday, BayStreet.CA reports.

OR has been the topic of a number of other research reports. BMO Capital Markets increased their target price on Osisko Gold Royalties from C$18.00 to C$21.00 in a report on Wednesday, February 15th. Raymond James decreased their price objective on Osisko Gold Royalties from C$22.50 to C$22.00 and set an outperform rating on the stock in a report on Monday. National Bankshares raised their price objective on Osisko Gold Royalties from C$22.00 to C$23.00 and gave the stock an outperform rating in a report on Friday, January 13th. Cormark raised their price objective on Osisko Gold Royalties from C$22.00 to C$23.00 in a report on Monday. Finally, Stifel Nicolaus raised their price objective on Osisko Gold Royalties from C$19.50 to C$20.00 in a report on Monday, January 23rd. Five equities research analysts have rated the stock with a buy rating, Based on data from MarketBeat, the company has an average rating of Buy and a consensus target price of C$22.50.

Osisko Gold Royalties Stock Performance

TSE OR opened at C$17.88 on Tuesday. Osisko Gold Royalties has a 1-year low of C$11.90 and a 1-year high of C$18.78. The company has a market capitalization of C$3.29 billion, a P/E ratio of -149.00, a PEG ratio of 1.31 and a beta of 0.70. The business has a 50 day moving average price of C$17.31 and a 200 day moving average price of C$15.61. The company has a debt-to-equity ratio of 8.95, a current ratio of 5.86 and a quick ratio of 0.98.

Osisko Gold Royalties Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, April 14th. Stockholders of record on Friday, March 31st will be given a dividend of $0.055 per share. This represents a $0.22 dividend on an annualized basis and a dividend yield of 1.23%. The ex-dividend date of this dividend is Thursday, March 30th. Osisko Gold Royalties’s payout ratio is -183.33%.

Insider Transactions at Osisko Gold Royalties

In other news, Director Sean Roosen sold 28,300 shares of Osisko Gold Royalties stock in a transaction dated Friday, December 23rd. The stock was sold at an average price of C$16.72, for a total transaction of C$473,176.00. Following the sale, the director now directly owns 561,644 shares of the company’s stock, valued at C$9,390,687.68. Over the last ninety days, insiders have sold 36,070 shares of company stock valued at $615,592. 0.52% of the stock is currently owned by insiders.

Osisko Gold Royalties Company Profile

(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.

Read More

Analyst Recommendations for Osisko Gold Royalties (TSE:OR)

Receive News & Ratings for Osisko Gold Royalties Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Osisko Gold Royalties and related companies with MarketBeat.com's FREE daily email newsletter.