Insider Selling: Osisko Gold Royalties Ltd (TSE:OR) Director Sells 5,966 Shares of Stock

Osisko Gold Royalties Ltd (TSE:OR - Get Free Report) Director Michael David Saynor Spencer sold 5,966 shares of the stock in a transaction dated Wednesday, March 5th. The stock was sold at an average price of C$27.20, for a total value of C$162,275.20.

Osisko Gold Royalties Trading Up 6.0 %

OR traded up C$1.55 during trading on Tuesday, hitting C$27.46. 647,233 shares of the company's stock were exchanged, compared to its average volume of 375,276. Osisko Gold Royalties Ltd has a 1 year low of C$20.67 and a 1 year high of C$29.59. The stock has a 50 day moving average price of C$27.08 and a 200 day moving average price of C$26.32. The firm has a market cap of C$5.13 billion, a P/E ratio of -93.29, a price-to-earnings-growth ratio of 1.31 and a beta of 0.90. The company has a current ratio of 4.40, a quick ratio of 0.98 and a debt-to-equity ratio of 5.29.

Osisko Gold Royalties Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, April 15th. Investors of record on Monday, March 31st will be given a dividend of $0.065 per share. This represents a $0.26 dividend on an annualized basis and a yield of 0.95%. Osisko Gold Royalties's dividend payout ratio (DPR) is -88.33%.

Analyst Ratings Changes

OR has been the subject of several research analyst reports. TD Securities dropped their price target on shares of Osisko Gold Royalties from C$31.00 to C$30.00 and set a "hold" rating for the company in a research report on Tuesday, February 25th. CIBC upped their price objective on Osisko Gold Royalties from C$36.00 to C$39.00 in a report on Monday, December 2nd. Finally, National Bankshares cut their target price on Osisko Gold Royalties from C$35.00 to C$34.00 and set an "outperform" rating on the stock in a research report on Tuesday, February 11th.

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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.