Osisko Gold Royalties (TSE:OR) Insider Iain Wesley Farmer Purchases 400 Shares of Stock

Osisko Gold Royalties Ltd (TSE:OR) insider Iain Wesley Farmer bought 400 shares of the stock in a transaction that occurred on Thursday, September 17th. The stock was bought at an average price of C$51.20 per share, with a total value of C$20,480.00. Following the completion of the purchase, the insider directly owned 42,357 shares in the company, valued at C$2,168,678.40. This represents a 0.95% increase in their ownership of the stock.

Osisko Gold Royalties Stock Performance

Osisko Gold Royalties stock traded up C$2.22 during mid-day trading on Thursday, reaching C$51.77. 123,365 shares of the company traded hands, compared to its average volume of 434,469. The firm’s fifty day moving average is C$46.22 and its two-hundred day moving average is C$49.62. The company has a market capitalization of C$9.70 billion, a price-to-earnings ratio of 34.51, a price-to-earnings-growth ratio of 1.31 and a beta of 1.93. Osisko Gold Royalties Ltd has a fifty-two week low of C$38.58 and a fifty-two week high of C$65.54. The company has a debt-to-equity ratio of 14.78, a current ratio of 2.28 and a quick ratio of 0.98.

Osisko Gold Royalties (TSE:OR) last posted its quarterly earnings data on Wednesday, August 5th. The company reported C$0.46 EPS for the quarter. The business had revenue of C$138.98 million during the quarter. Osisko Gold Royalties had a net margin of 80.76% and a return on equity of 21.84%.

Analyst Ratings Changes

Separately, Canadian Imperial Bank of Commerce cut their price objective on Osisko Gold Royalties from C$88.00 to C$85.00 in a report on Thursday, July 16th. One research analyst has rated the stock with a Strong Buy rating, two have given a Buy rating and three have given a Hold rating to the company. According to MarketBeat.com, Osisko Gold Royalties presently has a consensus rating of “Moderate Buy” and an average target price of C$63.20.

Osisko Gold Royalties Company Profile

OR Royalties is a precious metals royalty and streaming company focused on Tier-1 mining jurisdictions defined as Canada, the United States, and Australia. OR Royalties commenced activities in June 2014 with a single producing asset, and today holds a portfolio of over 195 royalties, streams and similar interests. OR Royalties’ portfolio is anchored by its cornerstone asset, the 3-5% net smelter return royalty on Agnico Eagle Mines Limited’s Canadian Malartic Complex, one of the world’s largest gold mines.