Osisko Gold Royalties Ltd (TSE:OR) Given Consensus Rating of “Moderate Buy” by Brokerages

Shares of Osisko Gold Royalties Ltd (TSE:OR) have received an average rating of “Moderate Buy” from the eight analysts that are covering the stock, Marketbeat.com reports. One investment analyst has rated the stock with a hold recommendation and seven have assigned a buy recommendation to the company. The average 12 month price objective among analysts that have issued ratings on the stock in the last year is C$28.75.

Several equities analysts have recently issued reports on OR shares. Jefferies Financial Group raised Osisko Gold Royalties from a “hold” rating to a “buy” rating in a research note on Friday, July 12th. National Bankshares raised their target price on shares of Osisko Gold Royalties from C$26.00 to C$28.00 and gave the company an “outperform” rating in a research note on Wednesday, July 17th. CIBC boosted their price target on shares of Osisko Gold Royalties from C$33.00 to C$34.00 in a research note on Wednesday, July 10th. Scotiabank raised their price objective on shares of Osisko Gold Royalties from C$25.00 to C$27.00 in a research note on Monday, August 19th. Finally, Raymond James lowered their target price on shares of Osisko Gold Royalties from C$27.50 to C$27.00 in a report on Monday, August 19th.

Insiders Place Their Bets

In other news, Senior Officer André Le Bel sold 10,000 shares of the company’s stock in a transaction that occurred on Friday, September 20th. The stock was sold at an average price of C$24.80, for a total transaction of C$248,000.00. In other news, Senior Officer André Le Bel sold 10,000 shares of the stock in a transaction dated Friday, September 20th. The shares were sold at an average price of C$24.80, for a total value of C$248,000.00. Also, Director Everard Trenton Richards sold 15,000 shares of the company’s stock in a transaction dated Friday, August 9th. The shares were sold at an average price of C$22.19, for a total transaction of C$332,913.00. Insiders have sold 35,000 shares of company stock valued at $851,244 in the last three months. 0.38% of the stock is currently owned by corporate insiders.

Osisko Gold Royalties Price Performance

TSE:OR opened at C$28.49 on Friday. 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 firm has a market cap of C$5.31 billion, a PE ratio of -56.98, a price-to-earnings-growth ratio of 1.31 and a beta of 0.90. Osisko Gold Royalties has a 12 month low of C$16.32 and a 12 month high of C$28.75. The company’s 50-day moving average price is C$24.29 and its two-hundred day moving average price is C$23.10.

Osisko Gold Royalties (TSE:OR) last released its quarterly earnings results on Tuesday, August 6th. The company reported C$0.18 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of C$0.17 by C$0.01. The business had revenue of C$64.85 million during the quarter. Osisko Gold Royalties had a negative return on equity of 5.46% and a negative net margin of 36.86%.

Osisko Gold Royalties Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, October 15th. Shareholders of record on Tuesday, October 15th were given a dividend of $0.065 per share. This represents a $0.26 dividend on an annualized basis and a yield of 0.91%. The ex-dividend date was Friday, September 27th. Osisko Gold Royalties’s dividend payout ratio (DPR) is currently -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.