Osisko Gold Royalties Ltd (TSE:OR) Receives Consensus Recommendation of “Moderate Buy” from Analysts

Osisko Gold Royalties Ltd (TSE:OR) has been given an average rating of “Moderate Buy” by the eight analysts that are presently covering the firm, MarketBeat reports. One equities research analyst has rated the stock with a hold recommendation and seven have given a buy recommendation to the company. The average 1 year price objective among brokers that have covered the stock in the last year is C$28.50.

Several brokerages have weighed in on OR. Jefferies Financial Group raised Osisko Gold Royalties from a “hold” rating to a “buy” rating in a research report on Friday, July 12th. National Bankshares upped their target price on Osisko Gold Royalties from C$26.00 to C$28.00 and gave the stock an “outperform” rating in a research report on Wednesday, July 17th. Raymond James dropped their target price on Osisko Gold Royalties from C$27.50 to C$27.00 in a research report on Monday, August 19th. CIBC upped their target price on Osisko Gold Royalties from C$33.00 to C$34.00 in a research report on Wednesday, July 10th. Finally, Scotiabank upped their price target on Osisko Gold Royalties from C$25.00 to C$27.00 in a research note on Monday, August 19th.

Osisko Gold Royalties Stock Up 0.8 %

TSE:OR opened at C$25.24 on Wednesday. The firm has a market capitalization of C$4.70 billion, a price-to-earnings ratio of -50.48, a PEG ratio of 1.31 and a beta of 0.89. Osisko Gold Royalties has a 1-year low of C$15.42 and a 1-year high of C$25.62. The company has a current ratio of 4.92, a quick ratio of 0.98 and a debt-to-equity ratio of 7.00. The business’s fifty day moving average price is C$23.77 and its 200 day moving average price is C$22.75.

Osisko Gold Royalties (TSE:OR) last posted its quarterly earnings results 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 for the quarter. Osisko Gold Royalties had a negative return on equity of 5.46% and a negative net margin of 36.86%. On average, sell-side analysts forecast that Osisko Gold Royalties will post 0.8095548 earnings per share for the current fiscal year.

Osisko Gold Royalties Dividend Announcement

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

Insider Activity at Osisko Gold Royalties

In related news, Director Everard Trenton Richards sold 15,000 shares of the stock in a transaction that occurred on Friday, August 9th. The stock was 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 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 transaction of C$248,000.00. Also, Director Everard Trenton Richards sold 15,000 shares of the company’s stock in a transaction that occurred 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 owned by corporate insiders.

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.