Osisko Gold Royalties Ltd (TSE:OR) Receives Consensus Rating of “Moderate Buy” from Analysts

Shares of Osisko Gold Royalties Ltd (TSE:OR) have been given an average rating of “Moderate Buy” by the seven analysts that are covering the firm, MarketBeat.com reports. One research analyst has rated the stock with a hold rating and six have assigned a buy rating to the company. The average 1-year target price among brokerages that have updated their coverage on the stock in the last year is C$26.56.

A number of brokerages have issued reports on OR. Stifel Nicolaus increased their price objective on shares of Osisko Gold Royalties from C$27.00 to C$28.00 and gave the company a “buy” rating in a report on Friday, April 19th. CIBC lifted their price target on shares of Osisko Gold Royalties from C$28.50 to C$33.00 in a report on Monday, April 15th. National Bankshares decreased 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 research note on Thursday, February 22nd. TD Securities cut their price objective on Osisko Gold Royalties from C$25.00 to C$23.00 and set a “buy” rating for the company in a research report on Friday, February 23rd. Finally, Raymond James lifted their target price on Osisko Gold Royalties from C$26.00 to C$28.00 in a report on Tuesday, April 23rd.

Osisko Gold Royalties Stock Performance

Shares of OR opened at C$21.93 on Friday. The business has a 50-day simple moving average of C$21.26 and a two-hundred day simple moving average of C$19.50. The company has a quick ratio of 0.98, a current ratio of 4.11 and a debt-to-equity ratio of 12.11. Osisko Gold Royalties has a 52 week low of C$15.42 and a 52 week high of C$24.42. The stock has a market cap of C$4.07 billion, a price-to-earnings ratio of -84.35, a PEG ratio of 1.31 and a beta of 0.79.

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

Osisko Gold Royalties Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, April 15th. Shareholders of record on Monday, April 15th were paid a $0.06 dividend. The ex-dividend date of this dividend was Wednesday, March 27th. This represents a $0.24 dividend on an annualized basis and a yield of 1.09%. Osisko Gold Royalties’s payout ratio is -92.31%.

Insider Activity

In related news, Director David Smith bought 10,000 shares of the company’s stock in a transaction on Monday, February 26th. The shares were acquired at an average cost of C$18.98 per share, for a total transaction of C$189,800.00. In other news, Senior Officer Iain Wesley Farmer sold 19,600 shares of the firm’s stock in a transaction on Monday, March 11th. The stock was sold at an average price of C$22.08, for a total transaction of C$432,864.04. Also, Director David Smith acquired 10,000 shares of the firm’s stock in a transaction that occurred on Monday, February 26th. The stock was purchased at an average price of C$18.98 per share, with a total value of C$189,800.00. Over the last ninety days, insiders sold 53,184 shares of company stock valued at $1,158,088. 0.57% of the stock is currently owned by company insiders.

Osisko Gold Royalties Company Profile

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.