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

Osisko Gold Royalties Ltd (TSE:OR) has received a consensus recommendation of “Moderate Buy” from the eight research firms that are currently covering the company, Marketbeat reports. One research analyst has rated the stock with a hold recommendation and seven have issued a buy recommendation on the company. The average twelve-month price target among brokerages that have issued ratings on the stock in the last year is C$28.50.

OR has been the subject of a number of recent analyst reports. Scotiabank upped their price target on shares of Osisko Gold Royalties from C$25.00 to C$27.00 in a report on Monday, August 19th. National Bankshares increased their target price on shares of Osisko Gold Royalties from C$26.00 to C$28.00 and gave the stock an “outperform” rating in a report on Wednesday, July 17th. Raymond James cut their target price on Osisko Gold Royalties from C$27.50 to C$27.00 in a research note on Monday, August 19th. TD Securities upped their price target on Osisko Gold Royalties from C$28.00 to C$29.00 and gave the company a “buy” rating in a research report on Monday, July 22nd. Finally, CIBC lifted their price objective on Osisko Gold Royalties from C$33.00 to C$34.00 in a research report on Wednesday, July 10th.

Osisko Gold Royalties Stock Down 2.7 %

OR opened at C$24.91 on Wednesday. The company has a market cap of C$4.64 billion, a P/E ratio of -49.82, a P/E/G ratio of 1.31 and a beta of 0.89. Osisko Gold Royalties has a 12 month low of C$15.42 and a 12 month high of C$25.62. The business’s 50-day moving average price is C$23.75 and its 200-day moving average price is C$22.70. 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 (TSE:OR) last announced its quarterly earnings data on Tuesday, August 6th. The company reported C$0.18 earnings per share for the quarter, beating the consensus estimate of C$0.17 by C$0.01. The firm had revenue of C$64.85 million during the quarter. Osisko Gold Royalties had a negative return on equity of 5.46% and a negative net margin of 36.86%. On average, equities analysts expect that Osisko Gold Royalties will post 0.8095548 EPS for the current year.

Osisko Gold Royalties Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Tuesday, October 15th. Stockholders of record on Tuesday, October 15th will be given a $0.065 dividend. This represents a $0.26 annualized dividend and a dividend yield of 1.04%. The ex-dividend date is Friday, September 27th. Osisko Gold Royalties’s dividend payout ratio is currently -52.00%.

Insider Activity at Osisko Gold Royalties

In other news, Director Everard Trenton Richards sold 15,000 shares of the business’s stock in a transaction on Friday, August 9th. The shares were sold at an average price of C$22.19, for a total transaction of C$332,913.00. In related news, Senior Officer André Le Bel sold 10,000 shares of the company’s stock in a transaction that occurred on Friday, September 20th. The stock was sold at an average price of C$24.80, for a total value of C$248,000.00. Also, Director Everard Trenton Richards sold 15,000 shares of Osisko Gold Royalties stock in a transaction on Friday, August 9th. The shares were sold at an average price of C$22.19, for a total value of C$332,913.00. 0.38% of the stock is currently owned by corporate insiders.

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.