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

Osisko Gold Royalties Ltd (TSE:OR) has earned a consensus rating of “Moderate Buy” from the eight analysts that are presently covering the firm, Marketbeat reports. Two equities research analysts have rated the stock with a hold recommendation and six have assigned a buy recommendation to the company. The average 12 month price objective among brokerages that have issued a report on the stock in the last year is C$29.63.

A number of analysts have recently issued reports on the company. BMO Capital Markets raised their price objective on Osisko Gold Royalties from C$27.00 to C$28.00 in a research report on Thursday, November 7th. National Bankshares increased their price objective on shares of Osisko Gold Royalties from C$26.00 to C$28.00 and gave the company an “outperform” rating in a research report on Wednesday, July 17th. TD Securities downgraded shares of Osisko Gold Royalties from a “buy” rating to a “hold” rating in a report on Monday. Raymond James lowered their price target on shares of Osisko Gold Royalties from C$27.50 to C$27.00 in a report on Monday, August 19th. Finally, Canaccord Genuity Group boosted their price objective on Osisko Gold Royalties from C$30.00 to C$31.00 in a report on Tuesday, July 23rd.

Osisko Gold Royalties Trading Down 0.3 %

TSE OR opened at C$25.81 on Thursday. Osisko Gold Royalties has a 12 month low of C$16.32 and a 12 month high of C$29.57. 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 stock has a 50 day moving average of C$25.79 and a 200-day moving average of C$23.75. The company has a market cap of C$4.81 billion, a PE ratio of -51.62, a PEG ratio of 1.31 and a beta of 0.90.

Osisko Gold Royalties Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, January 15th. Stockholders of record on Tuesday, December 31st will be paid a $0.065 dividend. The ex-dividend date of this dividend is Tuesday, December 31st. This represents a $0.26 annualized dividend and a dividend yield of 1.01%. Osisko Gold Royalties’s payout ratio is -52.00%.

Insider Activity at Osisko Gold Royalties

In related news, Director Duncan Cornell Card sold 10,000 shares of Osisko Gold Royalties 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 transaction of C$270,331.00. 0.38% of the stock is currently owned by insiders.

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.