Osisko Gold Royalties Ltd (TSE:OR) Director Sells C$332,913.00 in Stock

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

Osisko Gold Royalties Trading Down 0.1 %

Shares of OR stock opened at C$23.42 on Thursday. The company has a market capitalization of C$4.36 billion, a P/E ratio of -46.84, a price-to-earnings-growth ratio of 1.31 and a beta of 0.88. The company has a current ratio of 4.92, a quick ratio of 0.98 and a debt-to-equity ratio of 7.00. The business’s 50 day moving average is C$22.96 and its two-hundred day moving average is C$21.86. Osisko Gold Royalties Ltd has a twelve month low of C$15.42 and a twelve month high of C$25.19.

Osisko Gold Royalties Dividend Announcement

The company 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 $0.065 dividend. The ex-dividend date is Friday, September 27th. This represents a $0.26 dividend on an annualized basis and a yield of 1.11%. Osisko Gold Royalties’s dividend payout ratio (DPR) is -52.00%.

Wall Street Analyst Weigh In

OR has been the topic of several research analyst reports. CIBC lifted their price target on shares of Osisko Gold Royalties from C$33.00 to C$34.00 in a research note on Wednesday, July 10th. Raymond James lifted their target price on Osisko Gold Royalties from C$26.00 to C$28.00 in a research report on Tuesday, April 23rd. TD Securities upped their target price on Osisko Gold Royalties from C$28.00 to C$29.00 and gave the company a “buy” rating in a research report on Monday, July 22nd. Jefferies Financial Group upgraded Osisko Gold Royalties from a “hold” rating to a “buy” rating in a research note on Friday, July 12th. Finally, Scotiabank increased their price objective on Osisko Gold Royalties from C$24.00 to C$25.00 in a report on Thursday, July 18th. One equities research analyst has rated the stock with a hold rating and seven have assigned a buy rating to the stock. According to data from MarketBeat, Osisko Gold Royalties currently has a consensus 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.