Osisko Gold Royalties Ltd (TSE:OR) Director Sells C$162,275.20 in Stock

Osisko Gold Royalties Ltd (TSE:OR) Director Michael David Saynor Spencer sold 5,966 shares of the company’s stock in a transaction on Wednesday, March 5th. The stock was sold at an average price of C$27.20, for a total value of C$162,275.20.

Osisko Gold Royalties Stock Down 1.5 %

Shares of Osisko Gold Royalties stock opened at C$26.32 on Monday. The company has a current ratio of 4.40, a quick ratio of 0.98 and a debt-to-equity ratio of 5.29. The company has a fifty day moving average price of C$27.08 and a 200 day moving average price of C$26.29. The stock has a market cap of C$4.92 billion, a price-to-earnings ratio of -89.42, a price-to-earnings-growth ratio of 1.31 and a beta of 0.90. Osisko Gold Royalties Ltd has a twelve month low of C$20.67 and a twelve month high of C$29.59.

Osisko Gold Royalties Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, April 15th. Shareholders of record on Monday, March 31st will be given a $0.065 dividend. This represents a $0.26 dividend on an annualized basis and a yield of 0.99%. Osisko Gold Royalties’s payout ratio is currently -88.33%.

Analyst Upgrades and Downgrades

OR has been the subject of a number of research analyst reports. CIBC upped their price objective on Osisko Gold Royalties from C$36.00 to C$39.00 in a report on Monday, December 2nd. TD Securities decreased their price target on shares of Osisko Gold Royalties from C$31.00 to C$30.00 and set a “hold” rating for the company in a research report on Tuesday, February 25th. Finally, National Bankshares decreased their price target on shares of Osisko Gold Royalties from C$35.00 to C$34.00 and set an “outperform” rating for the company in a research report on Tuesday, February 11th.

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.