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

Osisko Gold Royalties Ltd (TSE:OR) has been given a consensus recommendation of “Moderate Buy” by the seven analysts that are covering the stock, MarketBeat.com reports. Two analysts have rated the stock with a hold rating and five have given a buy rating to the company. The average 12 month price objective among brokerages that have issued ratings on the stock in the last year is C$30.25.

Several research firms recently weighed in on OR. Stifel Nicolaus raised their target price on shares of Osisko Gold Royalties from C$29.00 to C$31.00 in a research note on Monday, October 21st. BMO Capital Markets lifted their price target on Osisko Gold Royalties from C$27.00 to C$28.00 in a research report on Thursday, November 7th. TD Securities downgraded Osisko Gold Royalties from a “buy” rating to a “hold” rating in a research report on Monday, November 11th. CIBC lifted their target price on Osisko Gold Royalties from C$36.00 to C$39.00 in a report on Monday, December 2nd. Finally, Scotiabank increased their price target on Osisko Gold Royalties from C$25.00 to C$27.00 in a report on Monday, August 19th.

Insider Activity

In other Osisko Gold Royalties news, Senior Officer André Le Bel sold 10,000 shares of Osisko Gold Royalties stock in a transaction on Friday, September 20th. The shares were sold at an average price of C$24.80, for a total value of C$248,000.00. Company insiders own 0.38% of the company’s stock.

Osisko Gold Royalties Price Performance

Shares of TSE:OR opened at C$27.15 on Monday. The company has a market capitalization of C$5.06 billion, a P/E ratio of -54.30, a P/E/G ratio of 1.31 and a beta of 0.90. Osisko Gold Royalties has a 1-year low of C$17.41 and a 1-year high of C$29.57. The firm’s 50 day simple moving average is C$26.98 and its two-hundred day simple moving average is C$24.37. The company has a debt-to-equity ratio of 7.00, a current ratio of 4.92 and a quick ratio of 0.98.

Osisko Gold Royalties Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, January 15th. Investors of record on Tuesday, December 31st will be paid a $0.065 dividend. This represents a $0.26 dividend on an annualized basis and a yield of 0.96%. The ex-dividend date is Tuesday, December 31st. Osisko Gold Royalties’s dividend payout ratio (DPR) is -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.