Osisko Gold Royalties (TSE:OR) PT Lowered to C$27.00 at Raymond James

Osisko Gold Royalties (TSE:OR) had its price objective reduced by Raymond James from C$27.50 to C$27.00 in a research note issued to investors on Monday, BayStreet.CA reports.

A number of other equities analysts have also weighed in on OR. CIBC increased their target price on Osisko Gold Royalties from C$33.00 to C$34.00 in a research note on Wednesday, July 10th. National Bankshares boosted their price target on 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. TD Securities upped their price target on shares of Osisko Gold Royalties from C$28.00 to C$29.00 and gave the stock a buy rating in a report on Monday, July 22nd. Canaccord Genuity Group lifted their price target on shares of Osisko Gold Royalties from C$30.00 to C$31.00 in a report on Tuesday, July 23rd. Finally, Scotiabank raised their price target on shares of Osisko Gold Royalties from C$25.00 to C$27.00 in a report on Monday. One investment analyst has rated the stock with a hold rating and seven have issued a buy rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of Moderate Buy and an average target price of C$28.50.

Osisko Gold Royalties Stock Up 0.8 %

Osisko Gold Royalties stock opened at C$23.94 on Monday. The company has a debt-to-equity ratio of 7.00, a current ratio of 4.92 and a quick ratio of 0.98. The company’s 50-day moving average is C$23.01 and its 200-day moving average is C$22.00. The firm has a market capitalization of C$4.46 billion, a PE ratio of -47.88, a P/E/G ratio of 1.31 and a beta of 0.88. Osisko Gold Royalties has a fifty-two week low of C$15.42 and a fifty-two week high of C$25.19.

Osisko Gold Royalties Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, October 15th. Stockholders of record on Monday, September 30th will be issued a $0.065 dividend. The ex-dividend date is Friday, September 27th. This represents a $0.26 annualized dividend and a dividend yield of 1.09%. Osisko Gold Royalties’s dividend payout ratio is currently -52.00%.

Insider Activity at Osisko Gold Royalties

In other Osisko Gold Royalties news, Director Victor Bradley sold 5,000 shares of Osisko Gold Royalties stock in a transaction on Friday, June 7th. The stock was sold at an average price of C$23.19, for a total transaction of C$115,950.00. In related news, Director Victor Bradley sold 5,000 shares of the firm’s stock in a transaction that occurred on Friday, June 7th. The shares were sold at an average price of C$23.19, for a total value of C$115,950.00. Also, Director Everard Trenton Richards sold 15,000 shares of the stock in a transaction dated Friday, August 9th. The shares were sold at an average price of C$22.19, for a total value of C$332,913.00. Insiders sold 25,000 shares of company stock worth $562,172 in the last three months. 0.38% of the stock is owned by 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.