Osisko Gold Royalties (TSE:OR) Stock Price Expected to Rise, Stifel Nicolaus Analyst Says

Osisko Gold Royalties (TSE:OR - Free Report) had its price objective increased by Stifel Nicolaus from C$33.00 to C$38.00 in a research report sent to investors on Monday morning,BayStreet.CA reports.

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

Osisko Gold Royalties Stock Performance

Shares of TSE:OR traded down C$0.01 during trading on Monday, reaching C$32.39. The company had a trading volume of 496,130 shares, compared to its average volume of 378,669. The company has a debt-to-equity ratio of 5.29, a current ratio of 4.40 and a quick ratio of 0.98. The stock's fifty day moving average price is C$28.98 and its 200 day moving average price is C$27.82. Osisko Gold Royalties has a fifty-two week low of C$20.67 and a fifty-two week high of C$33.48. The firm has a market capitalization of C$6.05 billion, a price-to-earnings ratio of -110.04, a price-to-earnings-growth ratio of 1.31 and a beta of 0.90.

Osisko Gold Royalties Dividend Announcement

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

Insider Buying and Selling at Osisko Gold Royalties

In related news, Senior Officer Guy Desharnais sold 5,000 shares of the firm's stock in a transaction that occurred on Wednesday, February 26th. The shares were sold at an average price of C$26.40, for a total transaction of C$132,006.00. Also, Senior Officer André Le Bel sold 10,000 shares of the business's stock in a transaction on Wednesday, March 5th. The shares were sold at an average price of C$27.33, for a total value of C$273,250.00. Insiders have sold 64,058 shares of company stock valued at $1,898,479 over the last quarter. Corporate 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.