Everard Trenton Richards Sells 15,000 Shares of Osisko Gold Royalties Ltd (TSE:OR) Stock

Osisko Gold Royalties Ltd (TSE:OR) Director Everard Trenton Richards sold 15,000 shares of the firm’s stock in a transaction dated Friday, August 9th. The shares were sold at an average price of C$22.19, for a total value of C$332,913.00.

Osisko Gold Royalties Stock Up 0.8 %

OR stock opened at C$23.45 on Wednesday. The firm has a market cap of C$4.37 billion, a price-to-earnings ratio of -46.90, a PEG ratio of 1.31 and a beta of 0.88. Osisko Gold Royalties Ltd has a 1-year low of C$15.42 and a 1-year high of C$25.19. The firm has a fifty day moving average price of C$22.95 and a two-hundred day moving average price of C$21.85. 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 Tuesday, October 15th. Investors of record on Monday, September 30th will be given a dividend of $0.065 per share. This represents a $0.26 dividend on an annualized basis and a dividend yield of 1.11%. The ex-dividend date of this dividend is Friday, September 27th. Osisko Gold Royalties’s dividend payout ratio is presently -52.00%.

Analyst Upgrades and Downgrades

Several research firms have issued reports on OR. Stifel Nicolaus lifted their price objective on Osisko Gold Royalties from C$27.00 to C$28.00 and gave the stock a “buy” rating in a report on Friday, April 19th. Scotiabank lifted their price target on shares of Osisko Gold Royalties from C$24.00 to C$25.00 in a research note on Thursday, July 18th. 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 note on Wednesday, July 17th. Jefferies Financial Group raised shares of Osisko Gold Royalties from a “hold” rating to a “buy” rating in a report on Friday, July 12th. Finally, CIBC upped their target price on shares of Osisko Gold Royalties from C$33.00 to C$34.00 in a research note on Wednesday, July 10th. One research analyst has rated the stock with a hold rating and seven have given a buy rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of C$28.38.

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.