Osisko Gold Royalties Ltd (TSE:OR) Receives C$30.25 Consensus PT from Analysts

Osisko Gold Royalties Ltd (TSE:OR) has been assigned an average rating of “Moderate Buy” from the seven analysts that are presently covering the stock, MarketBeat reports. Two research analysts have rated the stock with a hold rating and five have given a buy rating to the company. The average 12-month target price among brokers that have updated their coverage on the stock in the last year is C$30.25.

OR has been the topic of a number of analyst reports. Stifel Nicolaus lifted their price objective on shares of Osisko Gold Royalties from C$29.00 to C$31.00 in a research report on Monday, October 21st. Raymond James cut their price target on shares of Osisko Gold Royalties from C$27.50 to C$27.00 in a report on Monday, August 19th. TD Securities lowered Osisko Gold Royalties from a “buy” rating to a “hold” rating in a report on Monday, November 11th. Scotiabank increased their target price on Osisko Gold Royalties from C$25.00 to C$27.00 in a research note on Monday, August 19th. Finally, BMO Capital Markets lifted their price target on Osisko Gold Royalties from C$27.00 to C$28.00 in a research note on Thursday, November 7th.

Osisko Gold Royalties Stock Performance

Shares of OR opened at C$28.54 on Monday. The company’s 50 day simple moving average is C$27.17 and its 200-day simple moving average is C$24.47. Osisko Gold Royalties has a 12-month low of C$17.41 and a 12-month high of C$29.57. The firm has a market cap of C$5.32 billion, a PE ratio of -57.08, a price-to-earnings-growth ratio of 1.31 and a beta of 0.90. The company has a current ratio of 4.92, a quick ratio of 0.98 and a debt-to-equity ratio of 7.00.

Osisko Gold Royalties Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Wednesday, January 15th. Shareholders of record on Tuesday, December 31st will be paid a dividend of $0.065 per share. The ex-dividend date of this dividend is Tuesday, December 31st. This represents a $0.26 annualized dividend and a dividend yield of 0.91%. Osisko Gold Royalties’s dividend payout ratio is currently -52.00%.

Insider Activity at Osisko Gold Royalties

In other Osisko Gold Royalties news, Director Duncan Cornell Card sold 10,000 shares of Osisko Gold Royalties stock in a transaction dated Tuesday, October 15th. The stock was sold at an average price of C$27.03, for a total value of C$270,331.00. Insiders own 0.38% 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.