Iain Wesley Farmer Sells 26,100 Shares of Osisko Gold Royalties Ltd (TSE:OR) Stock

Osisko Gold Royalties Ltd (TSE:OR) Senior Officer Iain Wesley Farmer sold 26,100 shares of the stock in a transaction that occurred on Wednesday, April 16th. The shares were sold at an average price of C$32.92, for a total transaction of C$859,219.83.

Osisko Gold Royalties Stock Performance

Shares of OR traded down C$0.30 during trading hours on Thursday, hitting C$32.57. The stock had a trading volume of 45,526 shares, compared to its average volume of 378,111. The firm has a market capitalization of C$6.08 billion, a PE ratio of -110.65, a PEG ratio of 1.31 and a beta of 0.90. The company has a debt-to-equity ratio of 5.29, a current ratio of 4.40 and a quick ratio of 0.98. Osisko Gold Royalties Ltd has a 12 month low of C$20.67 and a 12 month high of C$33.47. The stock has a fifty day moving average price of C$28.45 and a 200 day moving average price of C$27.46.

Osisko Gold Royalties Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, April 15th. Stockholders of record on Monday, March 31st were given a dividend of $0.065 per share. This represents a $0.26 annualized dividend and a dividend yield of 0.80%. Osisko Gold Royalties’s payout ratio is currently -88.33%.

Analysts Set New Price Targets

Several equities analysts recently issued reports on OR shares. Scotiabank raised Osisko Gold Royalties from a “hold” rating to a “strong-buy” rating in a research report on Monday. National Bankshares increased their price objective on Osisko Gold Royalties from C$34.00 to C$35.50 and gave the company an “outperform” rating in a research report on Wednesday, April 2nd. Finally, TD Securities boosted their target price on Osisko Gold Royalties from C$30.00 to C$35.00 in a research report on Tuesday. One analyst has rated the stock with a hold rating, three have given a buy rating and one has given a strong buy rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Buy” and an average price target of C$31.69.

About Osisko Gold Royalties

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.