Osisko Gold Royalties Ltd (TSE:OR) Senior Officer Sells C$132,006.00 in Stock

Osisko Gold Royalties Ltd (TSE:OR) Senior Officer Guy Desharnais sold 5,000 shares of Osisko Gold Royalties stock in a transaction dated Wednesday, February 26th. The stock was sold at an average price of C$26.40, for a total transaction of C$132,006.00.

Osisko Gold Royalties Stock Performance

Osisko Gold Royalties stock opened at C$26.48 on Friday. The firm’s 50 day simple moving average is C$27.06 and its 200-day simple moving average is C$26.15. The company has a market cap of C$4.94 billion, a P/E ratio of -89.96, a price-to-earnings-growth ratio of 1.31 and a beta of 0.90. The company has a debt-to-equity ratio of 5.29, a current ratio of 4.40 and a quick ratio of 0.98. Osisko Gold Royalties Ltd has a fifty-two week low of C$18.89 and a fifty-two week high of C$29.59.

Osisko Gold Royalties Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, April 15th. Shareholders of record on Monday, March 31st will be paid a $0.065 dividend. This represents a $0.26 dividend on an annualized basis and a yield of 0.98%. Osisko Gold Royalties’s dividend payout ratio (DPR) is presently -88.33%.

Analysts Set New Price Targets

OR has been the subject of a number of recent analyst reports. National Bankshares lowered their target price on shares of Osisko Gold Royalties from C$35.00 to C$34.00 and set an “outperform” rating for the company in a report on Tuesday, February 11th. BMO Capital Markets upped their target price on shares of Osisko Gold Royalties from C$27.00 to C$28.00 in a research note on Thursday, November 7th. CIBC upped their target price on shares of Osisko Gold Royalties from C$36.00 to C$39.00 in a research note on Monday, December 2nd. Finally, TD Securities decreased their price objective on shares of Osisko Gold Royalties from C$31.00 to C$30.00 and set a “hold” rating for the company in a report on Tuesday.

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.