Osisko Gold Royalties (TSE:OR) Given New C$35.00 Price Target at National Bankshares

Osisko Gold Royalties (TSE:OR - Free Report) had its price target raised by National Bankshares from C$33.50 to C$35.00 in a report published on Thursday morning,BayStreet.CA reports. National Bankshares currently has an outperform rating on the stock.

Other equities research analysts also recently issued reports about the company. TD Securities downgraded Osisko Gold Royalties from a "buy" rating to a "hold" rating in a research report on Monday, November 11th. BMO Capital Markets boosted their price objective on Osisko Gold Royalties from C$27.00 to C$28.00 in a research note on Thursday, November 7th. CIBC raised their target price on Osisko Gold Royalties from C$36.00 to C$39.00 in a research note on Monday, December 2nd. Finally, Stifel Nicolaus boosted their price target on shares of Osisko Gold Royalties from C$29.00 to C$31.00 in a research report on Monday, October 21st. One research analyst has rated the stock with a hold rating and five have given a buy rating to the company. Based on data from MarketBeat, Osisko Gold Royalties presently has a consensus rating of "Moderate Buy" and a consensus price target of C$31.13.

Osisko Gold Royalties Price Performance

OR traded up C$0.86 on Thursday, reaching C$27.62. The company had a trading volume of 216,952 shares, compared to its average volume of 193,105. The company has a market capitalization of C$5.14 billion, a P/E ratio of -55.24, a PEG ratio of 1.31 and a beta of 0.90. The company has a current ratio of 4.92, a quick ratio of 0.98 and a debt-to-equity ratio of 7.00. The company has a fifty day moving average of C$27.14 and a 200-day moving average of C$25.05. Osisko Gold Royalties has a one year low of C$17.41 and a one year high of C$29.57.

Osisko Gold Royalties Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Wednesday, January 15th. Stockholders of record on Tuesday, December 31st will be given a $0.065 dividend. This represents a $0.26 annualized dividend and a dividend yield of 0.94%. The ex-dividend date of this dividend is Tuesday, December 31st. Osisko Gold Royalties's dividend payout ratio (DPR) is currently -52.00%.

Insider Activity at Osisko Gold Royalties

In other news, Director Duncan Cornell Card sold 10,000 shares of the company's 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. 0.38% of the stock is owned by insiders.

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.