Osisko Gold Royalties (TSE:OR) PT Raised to C$28.50 at CIBC

Osisko Gold Royalties (TSE:ORFree Report) had its price objective lifted by CIBC from C$27.00 to C$28.50 in a research report released on Wednesday morning, BayStreet.CA reports. The firm currently has an outperform rating on the stock.

Several other brokerages have also commented on OR. National Bankshares upped their price target on Osisko Gold Royalties from C$24.00 to C$25.00 and gave the stock an outperform rating in a research note on Monday, January 15th. Raymond James increased their price target on Osisko Gold Royalties from C$25.00 to C$26.00 and gave the company an outperform rating in a report on Friday, January 12th. Scotiabank reduced their target price on Osisko Gold Royalties from C$23.00 to C$22.00 and set a sector perform rating on the stock in a report on Friday, December 15th. BMO Capital Markets increased their target price on Osisko Gold Royalties from C$23.00 to C$24.00 in a report on Wednesday, December 13th. Finally, Canaccord Genuity Group reduced their target price on Osisko Gold Royalties from C$25.00 to C$24.50 and set a buy rating on the stock in a report on Monday, November 20th. Two analysts have rated the stock with a hold rating and five have issued a buy rating to the company. According to data from MarketBeat, the company has a consensus rating of Moderate Buy and an average target price of C$25.15.

Read Our Latest Analysis on Osisko Gold Royalties

Osisko Gold Royalties Stock Up 0.5 %

Shares of TSE:OR opened at C$20.33 on Wednesday. The company has a quick ratio of 0.98, a current ratio of 4.47 and a debt-to-equity ratio of 18.63. Osisko Gold Royalties has a 52-week low of C$15.42 and a 52-week high of C$24.42. The stock’s fifty day simple moving average is C$19.21 and its 200-day simple moving average is C$18.17. The company has a market capitalization of C$3.76 billion, a P/E ratio of 92.41, a P/E/G ratio of 1.31 and a beta of 0.81.

Osisko Gold Royalties (TSE:ORGet Free Report) last released its earnings results on Wednesday, November 8th. The company reported C$0.12 EPS for the quarter, missing the consensus estimate of C$0.14 by C($0.02). The business had revenue of C$62.07 million during the quarter. Osisko Gold Royalties had a net margin of 16.89% and a return on equity of 2.38%. As a group, equities research analysts forecast that Osisko Gold Royalties will post 0.6180534 earnings per share for the current fiscal year.

Osisko Gold Royalties Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, January 15th. Investors of record on Monday, January 15th were given a $0.06 dividend. This represents a $0.24 annualized dividend and a yield of 1.18%. The ex-dividend date of this dividend was Thursday, December 28th. Osisko Gold Royalties’s dividend payout ratio is currently 109.09%.

Insider Activity at Osisko Gold Royalties

In other news, Senior Officer AndrĂ© Le Bel sold 13,300 shares of Osisko Gold Royalties stock in a transaction on Friday, December 22nd. The stock was sold at an average price of C$20.05, for a total transaction of C$266,665.00. In other news, Senior Officer AndrĂ© Le Bel sold 13,300 shares of the firm’s stock in a transaction on Friday, December 22nd. The stock was sold at an average price of C$20.05, for a total transaction of C$266,665.00. Also, Director Michael David Saynor Spencer sold 4,900 shares of the firm’s stock in a transaction on Friday, December 15th. The stock was sold at an average price of C$19.15, for a total value of C$93,835.00. 0.56% of the stock is owned by insiders.

Osisko Gold Royalties Company Profile

(Get Free Report)

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 5% net smelter return royalty on the Canadian Malartic mine located in Canada.

Further Reading

Analyst Recommendations for Osisko Gold Royalties (TSE:OR)

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