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

Osisko Gold Royalties Ltd (TSE:OR) has received an average rating of “Moderate Buy” from the seven ratings firms that are covering the firm, Marketbeat.com reports. Two research analysts have rated the stock with a hold recommendation and five have assigned a buy recommendation to the company. The average twelve-month price target among analysts that have updated their coverage on the stock in the last year is C$30.25.

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

Insider Transactions at Osisko Gold Royalties

In related news, Director Duncan Cornell Card sold 10,000 shares of Osisko Gold Royalties stock in a transaction dated Tuesday, October 15th. The stock was sold at an average price of C$27.03, for a total value of C$270,331.00. Insiders own 0.38% of the company’s stock.

Osisko Gold Royalties Trading Down 2.0 %

Osisko Gold Royalties stock opened at C$27.12 on Monday. Osisko Gold Royalties has a 12-month low of C$17.41 and a 12-month high of C$29.57. The firm has a market capitalization of C$5.05 billion, a price-to-earnings ratio of -54.20, a P/E/G ratio of 1.31 and a beta of 0.90. The firm has a 50 day moving average of C$27.23 and a 200 day moving average of C$24.50. 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 Announces Dividend

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

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.