André Le Bel Sells 10,000 Shares of Osisko Gold Royalties Ltd (TSE:OR) Stock

Osisko Gold Royalties Ltd (TSE:OR) Senior Officer André Le Bel sold 10,000 shares of Osisko Gold Royalties stock in a transaction on Friday, September 20th. The stock was sold at an average price of C$24.80, for a total value of C$248,000.00.

Osisko Gold Royalties Price Performance

TSE OR opened at C$24.96 on Wednesday. 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 business’s fifty day moving average is C$23.74 and its 200 day moving average is C$22.65. The company has a market capitalization of C$4.65 billion, a PE ratio of -49.92, a price-to-earnings-growth ratio of 1.31 and a beta of 0.89. Osisko Gold Royalties Ltd has a fifty-two week low of C$15.42 and a fifty-two week high of C$25.36.

Osisko Gold Royalties (TSE:OR) last announced its quarterly earnings data on Tuesday, August 6th. The company reported C$0.18 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of C$0.17 by C$0.01. The company had revenue of C$64.85 million during the quarter. Osisko Gold Royalties had a negative return on equity of 5.46% and a negative net margin of 36.86%.

Osisko Gold Royalties Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, October 15th. Stockholders of record on Monday, September 30th will be paid a $0.065 dividend. The ex-dividend date of this dividend is Friday, September 27th. This represents a $0.26 dividend on an annualized basis and a dividend yield of 1.04%. Osisko Gold Royalties’s dividend payout ratio (DPR) is presently -52.00%.

Wall Street Analysts Forecast Growth

OR has been the subject of several research analyst reports. Jefferies Financial Group upgraded Osisko Gold Royalties from a “hold” rating to a “buy” rating in a report on Friday, July 12th. Scotiabank boosted their price objective on shares of Osisko Gold Royalties from C$25.00 to C$27.00 in a report on Monday, August 19th. CIBC increased their price objective on shares of Osisko Gold Royalties from C$33.00 to C$34.00 in a research report on Wednesday, July 10th. TD Securities lifted their target price on shares of Osisko Gold Royalties from C$28.00 to C$29.00 and gave the stock a “buy” rating in a research report on Monday, July 22nd. Finally, Raymond James lowered their price target on Osisko Gold Royalties from C$27.50 to C$27.00 in a report on Monday, August 19th. One analyst has rated the stock with a hold rating and seven have assigned a buy rating to the company. According to data from MarketBeat.com, Osisko Gold Royalties currently has a consensus rating of “Moderate Buy” and an average target price of C$28.50.

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.