Osisko Gold Royalties Ltd (TSE:OR) Receives Average Rating of "Moderate Buy" from Brokerages

Shares of Osisko Gold Royalties Ltd (TSE:OR - Get Free Report) have been given a consensus recommendation of "Moderate Buy" by the six ratings firms that are presently covering the company, Marketbeat reports. One equities research analyst has rated the stock with a hold recommendation and five have given a buy recommendation to the company. The average twelve-month price objective among analysts that have updated their coverage on the stock in the last year is C$30.25.

A number of equities analysts have recently commented on OR shares. Stifel Nicolaus raised their price objective on shares of Osisko Gold Royalties from C$29.00 to C$31.00 in a research report on Monday, October 21st. BMO Capital Markets raised their price target on shares of Osisko Gold Royalties from C$27.00 to C$28.00 in a report on Thursday, November 7th. CIBC boosted their price target on shares of Osisko Gold Royalties from C$36.00 to C$39.00 in a research report on Monday, December 2nd. Finally, TD Securities downgraded Osisko Gold Royalties from a "buy" rating to a "hold" rating in a research report on Monday, November 11th.

Insider Activity at Osisko Gold Royalties

In other news, Director Duncan Cornell Card sold 10,000 shares of the business's stock in a transaction that occurred on Tuesday, October 15th. The shares were 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.

Osisko Gold Royalties Price Performance

OR traded down C$0.04 during trading on Friday, reaching C$26.81. 138,796 shares of the company were exchanged, compared to its average volume of 133,318. The company has a quick ratio of 0.98, a current ratio of 4.92 and a debt-to-equity ratio of 7.00. The company has a market cap of C$4.99 billion, a price-to-earnings ratio of -53.62, a P/E/G ratio of 1.31 and a beta of 0.90. Osisko Gold Royalties has a 12-month low of C$17.41 and a 12-month high of C$29.57. The company's 50-day moving average is C$27.30 and its two-hundred day moving average is C$24.95.

Osisko Gold Royalties Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, January 15th. Investors of record on Tuesday, December 31st will be given a $0.065 dividend. The ex-dividend date of this dividend is Tuesday, December 31st. This represents a $0.26 annualized dividend and a yield of 0.97%. Osisko Gold Royalties's dividend payout ratio (DPR) is presently -52.00%.

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.