Osisko Gold Royalties (TSE:OR) Price Target Raised to C$35.50 at National Bankshares

Osisko Gold Royalties (TSE:OR - Free Report) had its price target lifted by National Bankshares from C$34.00 to C$35.50 in a report published on Wednesday,BayStreet.CA reports. National Bankshares currently has an outperform rating on the stock.

Separately, TD Securities dropped their target price on shares of Osisko Gold Royalties from C$31.00 to C$30.00 and set a "hold" rating for the company in a report on Tuesday, February 25th.

Osisko Gold Royalties Price Performance

Osisko Gold Royalties stock traded down C$0.44 during trading hours on Wednesday, reaching C$27.75. 325,552 shares of the stock were exchanged, compared to its average volume of 371,772. Osisko Gold Royalties has a twelve month low of C$20.67 and a twelve month high of C$30.50. The stock has a 50 day moving average of C$27.94 and a two-hundred day moving average of C$27.10. The company has a current ratio of 4.40, a quick ratio of 0.98 and a debt-to-equity ratio of 5.29. The company has a market cap of C$5.18 billion, a P/E ratio of -94.28, a price-to-earnings-growth ratio of 1.31 and a beta of 0.90.

Osisko Gold Royalties Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, April 15th. Investors of record on Monday, March 31st will be issued a $0.065 dividend. This represents a $0.26 dividend on an annualized basis and a yield of 0.94%. Osisko Gold Royalties's dividend payout ratio (DPR) is presently -88.33%.

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Insider Buying and Selling

In other news, Director Paul Douglas Martin sold 12,000 shares of the firm's stock in a transaction dated Thursday, February 27th. The stock was sold at an average price of C$25.67, for a total transaction of C$308,040.00. Also, Director Michael David Saynor Spencer sold 5,966 shares of the stock in a transaction that occurred on Wednesday, March 5th. The shares were sold at an average price of C$27.20, for a total transaction of C$162,275.20. Insiders have sold a total of 32,966 shares of company stock worth $875,571 in the last ninety days. Company insiders own 0.38% of the company's stock.

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.