Guy Desharnais Sells 5,000 Shares of Osisko Gold Royalties Ltd (TSE:OR) Stock

Osisko Gold Royalties Ltd (TSE:OR) Senior Officer Guy Desharnais sold 5,000 shares of Osisko Gold Royalties stock in a transaction that occurred on Wednesday, February 26th. The stock was sold at an average price of C$26.40, for a total transaction of C$132,006.00.

Osisko Gold Royalties Stock Performance

Shares of OR stock opened at C$25.90 on Friday. The company has a market capitalization of C$4.84 billion, a price-to-earnings ratio of -87.99, a P/E/G ratio of 1.31 and a beta of 0.90. Osisko Gold Royalties Ltd has a 1-year low of C$18.56 and a 1-year high of C$29.59. The company has a current ratio of 4.40, a quick ratio of 0.98 and a debt-to-equity ratio of 5.29. The stock’s fifty day simple moving average is C$27.06 and its 200-day simple moving average is C$26.13.

Osisko Gold Royalties Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, April 15th. Stockholders of record on Monday, March 31st will be issued a $0.065 dividend. This represents a $0.26 dividend on an annualized basis and a dividend yield of 1.00%. Osisko Gold Royalties’s dividend payout ratio is -88.33%.

Analyst Ratings Changes

OR has been the subject of several research reports. BMO Capital Markets raised their price objective on Osisko Gold Royalties from C$27.00 to C$28.00 in a research note on Thursday, November 7th. TD Securities decreased their price target on Osisko Gold Royalties from C$31.00 to C$30.00 and set a “hold” rating for the company in a research report on Tuesday. CIBC boosted their price objective on Osisko Gold Royalties from C$36.00 to C$39.00 in a report on Monday, December 2nd. Finally, National Bankshares decreased their target price on shares of Osisko Gold Royalties from C$35.00 to C$34.00 and set an “outperform” rating for the company in a report on Tuesday, February 11th.

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.