Osisko Gold Royalties Ltd (TSE:OR) Receives C$30.25 Average Price Target from Brokerages

Shares of Osisko Gold Royalties Ltd (TSE:OR) have been assigned an average rating of “Moderate Buy” from the seven analysts that are covering the stock, MarketBeat.com reports. Two analysts have rated the stock with a hold rating and five have issued a buy rating on the company. The average twelve-month price objective among brokerages that have issued a report on the stock in the last year is C$30.25.

A number of equities research analysts recently commented on the stock. Stifel Nicolaus upped their price target on shares of Osisko Gold Royalties from C$29.00 to C$31.00 in a report on Monday, October 21st. Scotiabank increased their target price on shares of Osisko Gold Royalties from C$25.00 to C$27.00 in a report on Monday, August 19th. BMO Capital Markets boosted their price target on Osisko Gold Royalties from C$27.00 to C$28.00 in a report on Thursday, November 7th. TD Securities lowered Osisko Gold Royalties from a “buy” rating to a “hold” rating in a research report on Monday, November 11th. Finally, Raymond James cut their price objective on Osisko Gold Royalties from C$27.50 to C$27.00 in a research report on Monday, August 19th.

Osisko Gold Royalties Price Performance

OR stock opened at C$27.12 on Monday. The company has a debt-to-equity ratio of 7.00, a quick ratio of 0.98 and a current ratio of 4.92. The firm has a market cap of C$5.05 billion, a P/E ratio of -54.20, a P/E/G ratio of 1.31 and a beta of 0.90. The firm’s fifty day moving average is C$27.23 and its 200 day moving average is C$24.50. Osisko Gold Royalties has a 52 week low of C$17.41 and a 52 week high of C$29.57.

Osisko Gold Royalties Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, January 15th. Investors of record on Tuesday, December 31st will be given a $0.065 dividend. The ex-dividend date is Tuesday, December 31st. This represents a $0.26 annualized dividend and a yield of 0.96%. Osisko Gold Royalties’s dividend payout ratio (DPR) is presently -52.00%.

Insider Activity

In other Osisko Gold Royalties news, Senior Officer André Le Bel sold 10,000 shares of the business’s stock in a transaction on Friday, September 20th. The shares were sold at an average price of C$24.80, for a total transaction of C$248,000.00. Corporate insiders own 0.38% of the company’s stock.

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.