Insider Selling: Osisko Gold Royalties Ltd (TSE:OR) Senior Officer Sells 26,100 Shares of Stock

Osisko Gold Royalties Ltd (TSE:OR - Get Free Report) Senior Officer Iain Wesley Farmer sold 26,100 shares of the firm's stock in a transaction dated Wednesday, April 16th. The stock was sold at an average price of C$32.92, for a total value of C$859,219.83.

Osisko Gold Royalties Trading Up 0.7 %

Shares of TSE:OR traded up C$0.23 on Monday, hitting C$32.54. The company had a trading volume of 156,637 shares, compared to its average volume of 379,108. Osisko Gold Royalties Ltd has a 1 year low of C$20.67 and a 1 year high of C$33.48. The firm has a market capitalization of C$6.08 billion, a price-to-earnings ratio of -110.55, a P/E/G ratio of 1.31 and a beta of 0.90. The firm's 50-day simple moving average is C$28.60 and its two-hundred day simple moving average is C$27.59. The company has a quick ratio of 0.98, a current ratio of 4.40 and a debt-to-equity ratio of 5.29.

Osisko Gold Royalties Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, April 15th. Investors of record on Monday, March 31st were paid a $0.065 dividend. This represents a $0.26 annualized dividend and a yield of 0.80%. Osisko Gold Royalties's payout ratio is -88.33%.

Analysts Set New Price Targets

Several equities analysts recently commented on the company. Scotiabank upgraded Osisko Gold Royalties from a "hold" rating to a "strong-buy" rating in a research note on Monday, April 14th. TD Securities increased their target price on Osisko Gold Royalties from C$30.00 to C$35.00 in a research note on Tuesday, April 15th. Stifel Nicolaus increased their price target on shares of Osisko Gold Royalties from C$33.00 to C$38.00 in a research report on Monday. Finally, National Bankshares upped their price target on shares of Osisko Gold Royalties from C$34.00 to C$35.50 and gave the company an "outperform" rating in a research report on Wednesday, April 2nd.

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.