Osisko Gold Royalties Ltd (TSE:OR) Senior Officer Sells C$248,000.00 in Stock

Osisko Gold Royalties Ltd (TSE:OR) Senior Officer André Le Bel sold 10,000 shares of the business’s stock in a transaction that occurred on Friday, September 20th. The shares were sold at an average price of C$24.80, for a total value of C$248,000.00.

Osisko Gold Royalties Price Performance

Osisko Gold Royalties stock opened at C$25.17 on Thursday. Osisko Gold Royalties Ltd has a 52-week low of C$15.42 and a 52-week high of C$25.36. The company has a market cap of C$4.69 billion, a price-to-earnings ratio of -50.34, a PEG ratio of 1.31 and a beta of 0.89. The firm’s fifty day moving average is C$23.75 and its 200 day moving average is C$22.68. The company has a quick ratio of 0.98, a current ratio of 4.92 and a debt-to-equity ratio of 7.00.

Osisko Gold Royalties (TSE:OR) last announced its quarterly earnings results on Tuesday, August 6th. The company reported C$0.18 EPS for the quarter, beating analysts’ consensus estimates of C$0.17 by C$0.01. Osisko Gold Royalties had a negative net margin of 36.86% and a negative return on equity of 5.46%. The firm had revenue of C$64.85 million during the quarter.

Osisko Gold Royalties Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Tuesday, October 15th. Stockholders of record on Monday, September 30th will be given a dividend of $0.065 per share. This represents a $0.26 annualized dividend and a dividend yield of 1.03%. The ex-dividend date of this dividend is Friday, September 27th. Osisko Gold Royalties’s dividend payout ratio is currently -52.00%.

Wall Street Analyst Weigh In

Several brokerages have recently commented on OR. CIBC raised their price objective on shares of Osisko Gold Royalties from C$33.00 to C$34.00 in a research report on Wednesday, July 10th. Canaccord Genuity Group boosted their price objective on Osisko Gold Royalties from C$30.00 to C$31.00 in a research report on Tuesday, July 23rd. Scotiabank increased their target price on Osisko Gold Royalties from C$25.00 to C$27.00 in a research report on Monday, August 19th. Jefferies Financial Group raised Osisko Gold Royalties from a “hold” rating to a “buy” rating in a report on Friday, July 12th. Finally, TD Securities increased their price objective on shares of Osisko Gold Royalties from C$28.00 to C$29.00 and gave the company a “buy” rating in a report on Monday, July 22nd. One research analyst has rated the stock with a hold rating and seven have issued a buy rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of C$28.50.

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.