Insider Selling: Osisko Gold Royalties Ltd (TSE:OR) Director Sells C$270,331.00 in Stock

Osisko Gold Royalties Ltd (TSE:OR) Director Duncan Cornell Card sold 10,000 shares of Osisko Gold Royalties stock in a transaction on Tuesday, October 15th. The shares were sold at an average price of C$27.03, for a total transaction of C$270,331.00.

Osisko Gold Royalties Trading Up 3.0 %

Shares of OR opened at C$28.49 on Friday. The company’s fifty day simple moving average is C$24.29 and its 200-day simple moving average is C$23.10. The company has a market cap of C$5.31 billion, a P/E ratio of -56.98, a P/E/G ratio of 1.31 and a beta of 0.90. The company has a current ratio of 4.92, a quick ratio of 0.98 and a debt-to-equity ratio of 7.00. Osisko Gold Royalties Ltd has a twelve month low of C$16.32 and a twelve month high of C$28.75.

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

Osisko Gold Royalties Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, October 15th. Investors of record on Tuesday, October 15th were issued a dividend of $0.065 per share. This represents a $0.26 dividend on an annualized basis and a yield of 0.91%. The ex-dividend date was Friday, September 27th. Osisko Gold Royalties’s payout ratio is currently -52.00%.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently issued reports on the company. Jefferies Financial Group raised Osisko Gold Royalties from a “hold” rating to a “buy” rating in a report on Friday, July 12th. TD Securities upped their price objective on Osisko Gold Royalties from C$27.00 to C$31.00 in a report on Friday. Raymond James lowered their target price on Osisko Gold Royalties from C$27.50 to C$27.00 in a research report on Monday, August 19th. CIBC boosted their price target on shares of Osisko Gold Royalties from C$33.00 to C$34.00 in a research report on Wednesday, July 10th. Finally, Scotiabank increased their price objective on shares of Osisko Gold Royalties from C$25.00 to C$27.00 in a research report on Monday, August 19th. One research analyst has rated the stock with a hold rating and seven have assigned a buy rating to the stock. According to data from MarketBeat.com, Osisko Gold Royalties has an average rating of “Moderate Buy” and an average price target of C$28.75.

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.