Osisko Gold Royalties Ltd (TSE:OR) Receives Consensus Rating of “Moderate Buy” from Analysts

Osisko Gold Royalties Ltd (TSE:OR) has earned a consensus recommendation of “Moderate Buy” from the seven brokerages that are presently covering the company, Marketbeat Ratings reports. One analyst has rated the stock with a hold rating and six have assigned a buy rating to the company. The average twelve-month price target among brokers that have issued a report on the stock in the last year is C$26.78.

OR has been the topic of several research reports. Canaccord Genuity Group lifted their price objective on shares of Osisko Gold Royalties from C$28.00 to C$30.00 in a research report on Tuesday, April 23rd. National Bankshares lowered their price target on shares of Osisko Gold Royalties from C$25.00 to C$23.00 and set an “outperform” rating on the stock in a report on Thursday, February 22nd. CIBC increased their price objective on Osisko Gold Royalties from C$28.50 to C$33.00 in a report on Monday, April 15th. TD Securities decreased their target price on Osisko Gold Royalties from C$25.00 to C$23.00 and set a “buy” rating for the company in a research report on Friday, February 23rd. Finally, Scotiabank increased their price target on Osisko Gold Royalties from C$23.00 to C$24.00 in a research note on Thursday, May 23rd.

Insider Activity

In other news, Director Victor Bradley sold 5,000 shares of the stock in a transaction that occurred on Tuesday, May 14th. The stock was sold at an average price of C$22.05, for a total transaction of C$110,270.50. In other news, Director Victor Bradley sold 5,000 shares of the company’s stock in a transaction dated Tuesday, May 14th. The shares were sold at an average price of C$22.05, for a total transaction of C$110,270.50. Also, Senior Officer Guy Desharnais sold 7,484 shares of the stock in a transaction dated Wednesday, March 20th. The stock was sold at an average price of C$21.10, for a total transaction of C$157,912.40. In the last 90 days, insiders sold 56,184 shares of company stock valued at $1,245,582. Corporate insiders own 0.38% of the company’s stock.

Osisko Gold Royalties Trading Down 0.4 %

TSE:OR opened at C$22.48 on Monday. The company has a debt-to-equity ratio of 9.52, a current ratio of 4.95 and a quick ratio of 0.98. Osisko Gold Royalties has a one year low of C$15.42 and a one year high of C$23.75. The company has a market cap of C$4.18 billion, a PE ratio of -77.52, a PEG ratio of 1.31 and a beta of 0.82. The firm has a 50-day moving average of C$22.21 and a 200-day moving average of C$20.71.

Osisko Gold Royalties (TSE:OR) last announced its earnings results on Wednesday, May 8th. The company reported C$0.16 earnings per share (EPS) for the quarter, beating the consensus estimate of C$0.15 by C$0.01. The company had revenue of C$60.75 million for the quarter. Osisko Gold Royalties had a negative return on equity of 3.15% and a negative net margin of 21.78%. As a group, equities research analysts expect that Osisko Gold Royalties will post 0.6398844 EPS for the current fiscal year.

Osisko Gold Royalties Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, July 15th. Investors of record on Friday, June 28th will be issued a dividend of $0.065 per share. This represents a $0.26 dividend on an annualized basis and a dividend yield of 1.16%. This is a boost from Osisko Gold Royalties’s previous quarterly dividend of $0.06. The ex-dividend date is Friday, June 28th. Osisko Gold Royalties’s dividend payout ratio (DPR) is currently -82.76%.

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.