Osisko Gold Royalties Ltd (TSE:OR) Receives C$26.56 Average PT from Brokerages

Osisko Gold Royalties Ltd (TSE:OR) has been given a consensus rating of “Moderate Buy” by the seven analysts that are currently covering the firm, MarketBeat reports. One analyst has rated the stock with a hold rating and six have issued a buy rating on the company. The average 1-year price objective among analysts that have covered the stock in the last year is C$26.56.

OR has been the subject of a number of research reports. CIBC boosted their target price on shares of Osisko Gold Royalties from C$28.50 to C$33.00 in a research note on Monday, April 15th. Canaccord Genuity Group boosted their target price on Osisko Gold Royalties from C$28.00 to C$30.00 in a research report on Tuesday, April 23rd. National Bankshares decreased their target price on shares of Osisko Gold Royalties from C$25.00 to C$23.00 and set an “outperform” rating on the stock in a research report on Thursday, February 22nd. Raymond James lifted their price target on shares of Osisko Gold Royalties from C$26.00 to C$28.00 in a research note on Tuesday, April 23rd. Finally, Stifel Nicolaus raised their price target on Osisko Gold Royalties from C$27.00 to C$28.00 and gave the stock a “buy” rating in a research note on Friday, April 19th.

Osisko Gold Royalties Price Performance

Shares of TSE OR opened at C$21.15 on Friday. The stock has a fifty day simple moving average of C$21.36 and a two-hundred day simple moving average of C$19.59. The firm has a market cap of C$3.93 billion, a price-to-earnings ratio of -81.35, a price-to-earnings-growth ratio of 1.31 and a beta of 0.82. Osisko Gold Royalties has a 1-year low of C$15.42 and a 1-year high of C$24.42. The company has a current ratio of 4.11, a quick ratio of 0.98 and a debt-to-equity ratio of 12.11.

Osisko Gold Royalties (TSE:OR) last announced its quarterly earnings data on Tuesday, February 20th. The company reported C$0.16 earnings per share for the quarter, beating analysts’ consensus estimates of C$0.15 by C$0.01. The company had revenue of C$65.16 million for the quarter. Osisko Gold Royalties had a negative return on equity of 2.85% and a negative net margin of 19.55%. Analysts anticipate that Osisko Gold Royalties will post 0.5773956 earnings per share for the current year.

Osisko Gold Royalties Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, April 15th. Shareholders of record on Monday, April 15th were issued a $0.06 dividend. The ex-dividend date of this dividend was Wednesday, March 27th. This represents a $0.24 dividend on an annualized basis and a yield of 1.13%. Osisko Gold Royalties’s payout ratio is -92.31%.

Insider Buying and Selling at Osisko Gold Royalties

In related news, Director David Smith acquired 10,000 shares of Osisko Gold Royalties stock in a transaction that occurred on Monday, February 26th. The shares were purchased at an average cost of C$18.98 per share, for a total transaction of C$189,800.00. In other Osisko Gold Royalties news, Director David Smith purchased 10,000 shares of Osisko Gold Royalties stock in a transaction dated Monday, February 26th. The shares were acquired at an average price of C$18.98 per share, with a total value of C$189,800.00. Also, Senior Officer Iain Wesley Farmer sold 19,600 shares of Osisko Gold Royalties stock in a transaction on Monday, March 11th. The shares were sold at an average price of C$22.08, for a total value of C$432,864.04. Insiders sold a total of 53,184 shares of company stock worth $1,158,088 in the last three months. 0.45% of the stock is owned by corporate 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.