Osisko Gold Royalties Ltd (TSE:OR) Receives Average Recommendation of “Moderate Buy” from Analysts

Shares of Osisko Gold Royalties Ltd (TSE:OR) have been assigned an average rating of “Moderate Buy” from the eight ratings firms that are presently covering the stock, Marketbeat Ratings reports. One equities research analyst has rated the stock with a hold recommendation and seven have given a buy recommendation to the company. The average 1-year price target among brokerages that have covered the stock in the last year is C$29.13.

A number of research analysts recently commented on the stock. Jefferies Financial Group raised shares of Osisko Gold Royalties from a “hold” rating to a “buy” rating in a research report on Friday, July 12th. Stifel Nicolaus boosted their price objective on shares of Osisko Gold Royalties from C$29.00 to C$31.00 in a research report on Monday. TD Securities boosted their price objective on shares of Osisko Gold Royalties from C$27.00 to C$31.00 in a research report on Friday, October 18th. CIBC boosted their price objective on shares of Osisko Gold Royalties from C$33.00 to C$34.00 in a research report on Wednesday, July 10th. Finally, Canaccord Genuity Group boosted their price objective on shares of Osisko Gold Royalties from C$30.00 to C$31.00 in a research report on Tuesday, July 23rd.

Osisko Gold Royalties Stock Performance

Shares of OR opened at C$28.59 on Friday. The firm’s 50 day moving average is C$24.69 and its 200-day moving average is C$23.26. The stock has a market capitalization of C$5.32 billion, a P/E ratio of -57.18, a P/E/G ratio of 1.31 and a beta of 0.90. 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 has a 12-month low of C$16.32 and a 12-month high of C$29.30.

Osisko Gold Royalties (TSE:OR) last released its earnings results on Tuesday, August 6th. The company reported C$0.18 earnings per share for the quarter, topping the consensus estimate of C$0.17 by C$0.01. The business had revenue of C$64.85 million for the quarter. Osisko Gold Royalties had a negative net margin of 36.86% and a negative return on equity of 5.46%.

Osisko Gold Royalties Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Tuesday, October 15th. Investors of record on Tuesday, October 15th were given a dividend of $0.065 per share. The ex-dividend date was Friday, September 27th. This represents a $0.26 annualized dividend and a yield of 0.91%. Osisko Gold Royalties’s dividend payout ratio (DPR) is -52.00%.

Insider Buying and Selling

In other Osisko Gold Royalties news, Director Everard Trenton Richards sold 15,000 shares of the company’s stock in a transaction dated Friday, August 9th. The shares were sold at an average price of C$22.19, for a total transaction of C$332,913.00. In related news, Director Everard Trenton Richards sold 15,000 shares of the stock in a transaction that occurred on Friday, August 9th. The shares were sold at an average price of C$22.19, for a total value of C$332,913.00. Also, Senior Officer André Le Bel sold 10,000 shares of the stock in a transaction that occurred on Friday, September 20th. The shares were sold at an average price of C$24.80, for a total transaction of C$248,000.00. Insiders have sold a total of 35,000 shares of company stock worth $851,244 in the last 90 days. Corporate insiders own 0.38% of the company’s stock.

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.