Insider Selling: Osisko Gold Royalties Ltd (TSE:OR) Director Sells 4,992 Shares of Stock

Osisko Gold Royalties Ltd (TSE:OR - Get Free Report) Director Michael David Saynor Spencer sold 4,992 shares of the company's stock in a transaction that occurred on Thursday, April 17th. The shares were sold at an average price of C$32.79, for a total transaction of C$163,687.68.

Michael David Saynor Spencer also recently made the following trade(s):

• On Wednesday, March 5th, Michael David Saynor Spencer sold 5,966 shares of Osisko Gold Royalties stock. The stock was sold at an average price of C$27.20, for a total value of C$162,275.20.

Osisko Gold Royalties Stock Performance

OR stock traded up C$0.23 during midday trading on Monday, reaching C$32.54. 156,637 shares of the company were exchanged, compared to its average volume of 379,108. The firm has a market capitalization of C$6.08 billion, a price-to-earnings ratio of -110.55, a price-to-earnings-growth ratio of 1.31 and a beta of 0.90. The business has a 50-day moving average price of C$28.60 and a two-hundred day moving average price of C$27.59. Osisko Gold Royalties Ltd has a one year low of C$20.67 and a one year high of C$33.48. The company has a debt-to-equity ratio of 5.29, a current ratio of 4.40 and a quick ratio of 0.98.

Osisko Gold Royalties Announces Dividend

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

Analyst Upgrades and Downgrades

OR has been the subject of a number of recent research reports. Scotiabank raised Osisko Gold Royalties from a "hold" rating to a "strong-buy" rating in a research report on Monday, April 14th. National Bankshares increased their price objective on shares of Osisko Gold Royalties from C$34.00 to C$35.50 and gave the stock an "outperform" rating in a research note on Wednesday, April 2nd. TD Securities upped their target price on Osisko Gold Royalties from C$30.00 to C$35.00 in a report on Tuesday, April 15th. Finally, Stifel Nicolaus raised their price target on Osisko Gold Royalties from C$33.00 to C$38.00 in a research note on Monday.

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.