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

Shares of Osisko Gold Royalties Ltd (TSE:OR) have received an average rating of “Moderate Buy” from the eight analysts that are presently covering the firm, Marketbeat.com reports. One investment analyst has rated the stock with a hold rating and seven have issued a buy rating on the company. The average 12-month price target among brokers that have updated their coverage on the stock in the last year is C$28.50.

A number of research analysts recently issued reports on OR shares. National Bankshares boosted their price objective on 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. Canaccord Genuity Group boosted their price objective on Osisko Gold Royalties from C$30.00 to C$31.00 in a research report on Tuesday, July 23rd. Raymond James reduced their price objective on Osisko Gold Royalties from C$27.50 to C$27.00 in a research report on Monday, August 19th. CIBC boosted their price objective on Osisko Gold Royalties from C$33.00 to C$34.00 in a research report on Wednesday, July 10th. Finally, Scotiabank boosted their price target on Osisko Gold Royalties from C$25.00 to C$27.00 in a research report on Monday, August 19th.

Osisko Gold Royalties Price Performance

Shares of TSE OR opened at C$25.24 on Wednesday. Osisko Gold Royalties has a twelve month low of C$15.42 and a twelve month 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 company has a market capitalization of C$4.70 billion, a price-to-earnings ratio of -50.48, a price-to-earnings-growth ratio of 1.31 and a beta of 0.89. The business has a 50 day simple moving average of C$23.77 and a 200-day simple moving average of C$22.75.

Osisko Gold Royalties (TSE:OR) last released 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. Osisko Gold Royalties had a negative return on equity of 5.46% and a negative net margin of 36.86%. The business had revenue of C$64.85 million during the quarter. As a group, equities research analysts expect that Osisko Gold Royalties will post 0.8095548 earnings per share for the current year.

Osisko Gold Royalties Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, October 15th. Stockholders of record on Tuesday, October 15th will be issued a $0.065 dividend. 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 -52.00%.

Insider Activity

In other news, Senior Officer André Le Bel sold 10,000 shares of the company’s 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. In other news, Senior Officer André Le Bel sold 10,000 shares of the business’s stock in a transaction 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 business’s stock in a transaction on Friday, August 9th. The stock was sold at an average price of C$22.19, for a total value of C$332,913.00. Insiders own 0.38% of the company’s stock.

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.