Osisko Gold Royalties (TSE:OR) PT Raised to C$25.00

Osisko Gold Royalties (TSE:OR) had its price target increased by Scotiabank from C$24.00 to C$25.00 in a research report released on Thursday, BayStreet.CA reports.

Several other equities research analysts have also recently issued reports on OR. Canaccord Genuity Group raised their target price on Osisko Gold Royalties from C$28.00 to C$30.00 in a research note on Tuesday, April 23rd. Jefferies Financial Group upgraded shares of Osisko Gold Royalties from a hold rating to a buy rating in a report on Friday, July 12th. Stifel Nicolaus upped their target price on shares of Osisko Gold Royalties from C$27.00 to C$28.00 and gave the company a buy rating in a research report on Friday, April 19th. CIBC upped their target price on shares of Osisko Gold Royalties from C$33.00 to C$34.00 in a research report on Wednesday, July 10th. Finally, National Bankshares upped their target price on shares of Osisko Gold Royalties from C$26.00 to C$28.00 and gave the company an outperform rating in a research report on Wednesday, July 17th. One equities research analyst has rated the stock with a hold rating and seven have given a buy rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of Moderate Buy and an average price target of C$27.50.

Osisko Gold Royalties Stock Down 0.1 %

Shares of TSE OR opened at C$24.81 on Thursday. Osisko Gold Royalties has a 12-month low of C$15.42 and a 12-month high of C$25.19. The stock has a market cap of C$4.61 billion, a PE ratio of -85.55, a P/E/G ratio of 1.31 and a beta of 0.82. The company has a current ratio of 4.95, a quick ratio of 0.98 and a debt-to-equity ratio of 9.52. The company has a 50-day moving average of C$22.54 and a 200 day moving average of C$21.30.

Osisko Gold Royalties (TSE:OR) last posted its quarterly earnings results on Wednesday, May 8th. The company reported C$0.16 earnings per share for the quarter, beating the consensus estimate of C$0.15 by C$0.01. The business had revenue of C$60.75 million during the quarter. Osisko Gold Royalties had a negative net margin of 21.78% and a negative return on equity of 3.15%. As a group, sell-side analysts predict that Osisko Gold Royalties will post 0.6398844 EPS for the current fiscal year.

Osisko Gold Royalties Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, July 15th. Shareholders of record on Friday, June 28th were given a $0.065 dividend. This represents a $0.26 annualized dividend and a yield of 1.05%. The ex-dividend date was Friday, June 28th. This is a boost from Osisko Gold Royalties’s previous quarterly dividend of $0.06. Osisko Gold Royalties’s dividend payout ratio (DPR) is currently -82.76%.

Insider Buying and Selling at Osisko Gold Royalties

In other Osisko Gold Royalties news, Senior Officer Frédéric Ruel sold 33,700 shares of the firm’s stock in a transaction that occurred on Tuesday, May 14th. The shares were sold at an average price of C$22.20, for a total value of C$748,140.00. In other news, Senior Officer Frédéric Ruel sold 33,700 shares of Osisko Gold Royalties stock in a transaction on Tuesday, May 14th. The shares were sold at an average price of C$22.20, for a total transaction of C$748,140.00. Also, Director Victor Bradley sold 5,000 shares of Osisko Gold Royalties stock in a transaction on Tuesday, May 14th. The stock was sold at an average price of C$22.05, for a total transaction of C$110,270.50. Insiders sold 48,700 shares of company stock valued at $1,087,670 in the last 90 days. Company 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.