Stifel Nicolaus Raises Osisko Gold Royalties (TSE:OR) Price Target to C$28.00

Osisko Gold Royalties (TSE:OR) had its target price boosted by Stifel Nicolaus from C$27.00 to C$28.00 in a research note published on Friday morning, BayStreet.CA reports. They currently have a buy rating on the stock.

OR has been the topic of several other reports. CIBC boosted their price target on shares of Osisko Gold Royalties from C$28.50 to C$33.00 in a report on Monday, April 15th. Raymond James boosted their price target on shares of 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. National Bankshares lowered their price target on shares of Osisko Gold Royalties from C$25.00 to C$23.00 and set an outperform rating on the stock in a report on Thursday, February 22nd. Finally, TD Securities lowered their price target on shares of Osisko Gold Royalties from C$25.00 to C$23.00 and set a buy rating on the stock in a report on Friday, February 23rd. One research analyst has rated the stock with a hold rating and six have given a buy rating to the company. Based on data from MarketBeat, Osisko Gold Royalties has an average rating of Moderate Buy and an average price target of C$25.72.

Osisko Gold Royalties Trading Down 0.6 %

TSE OR opened at C$22.13 on Friday. Osisko Gold Royalties has a twelve month low of C$15.42 and a twelve month high of C$24.42. The company has a debt-to-equity ratio of 12.11, a quick ratio of 0.98 and a current ratio of 4.11. The stock has a market cap of C$4.11 billion, a price-to-earnings ratio of -85.12, a PEG ratio of 1.31 and a beta of 0.79. The firm’s 50 day moving average price is C$21.03 and its two-hundred day moving average price is C$19.27.

Osisko Gold Royalties (TSE:OR) last posted its quarterly earnings results on Tuesday, February 20th. The company reported C$0.16 EPS for the quarter, beating the consensus estimate of C$0.15 by C$0.01. Osisko Gold Royalties had a negative net margin of 19.55% and a negative return on equity of 2.85%. The business had revenue of C$65.16 million for the quarter. Equities analysts anticipate that Osisko Gold Royalties will post 0.5493552 EPS for the current year.

Osisko Gold Royalties Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Monday, April 15th. Investors of record on Monday, April 15th were issued a $0.06 dividend. This represents a $0.24 dividend on an annualized basis and a yield of 1.08%. The ex-dividend date was Wednesday, March 27th. Osisko Gold Royalties’s dividend payout ratio is presently -92.31%.

Insider Buying and Selling

In other Osisko Gold Royalties news, Senior Officer Guy Desharnais sold 7,484 shares of the business’s stock in a transaction on Wednesday, March 20th. The shares were sold at an average price of C$21.10, for a total transaction of C$157,912.40. In other Osisko Gold Royalties news, Senior Officer Guy Desharnais sold 7,484 shares of the business’s stock in a transaction on Wednesday, March 20th. The shares were sold at an average price of C$21.10, for a total transaction of C$157,912.40. Also, Senior Officer Frédéric Ruel sold 16,100 shares of the business’s stock in a transaction on Wednesday, March 13th. The stock was sold at an average price of C$21.92, for a total transaction of C$352,912.00. Over the last three months, insiders sold 53,184 shares of company stock worth $1,158,088. Corporate insiders own 0.57% of the company’s stock.

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.