Osisko Gold Royalties Ltd (TSE:OR) Director Sells C$270,331.00 in Stock

Osisko Gold Royalties Ltd (TSE:OR) Director Duncan Cornell Card sold 10,000 shares of the stock in a transaction on Tuesday, October 15th. The shares were sold at an average price of C$27.03, for a total transaction of C$270,331.00.

Osisko Gold Royalties Price Performance

TSE OR traded up C$0.14 during trading hours on Wednesday, hitting C$27.26. The company had a trading volume of 248,836 shares, compared to its average volume of 267,625. Osisko Gold Royalties Ltd has a 52 week low of C$16.17 and a 52 week high of C$27.89. The company has a debt-to-equity ratio of 7.00, a quick ratio of 0.98 and a current ratio of 4.92. The firm has a market capitalization of C$5.08 billion, a price-to-earnings ratio of -54.24, a PEG ratio of 1.31 and a beta of 0.90. The firm has a 50 day simple moving average of C$24.04 and a 200 day simple moving average of C$22.98.

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 analysts’ consensus estimates of C$0.17 by C$0.01. Osisko Gold Royalties had a negative return on equity of 5.46% and a negative net margin of 36.86%. The company had revenue of C$64.85 million during the quarter.

Osisko Gold Royalties Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, October 15th. Investors of record on Tuesday, October 15th were issued a dividend of $0.065 per share. The ex-dividend date of this dividend was Friday, September 27th. This represents a $0.26 dividend on an annualized basis and a dividend yield of 0.95%. Osisko Gold Royalties’s dividend payout ratio is presently -52.00%.

Analysts Set New Price Targets

OR has been the topic of several recent research reports. Canaccord Genuity Group raised their target price on shares of Osisko Gold Royalties from C$30.00 to C$31.00 in a research note on Tuesday, July 23rd. National Bankshares lifted their price objective on shares of Osisko Gold Royalties from C$26.00 to C$28.00 and gave the company an “outperform” rating in a report on Wednesday, July 17th. TD Securities raised their target price on shares of Osisko Gold Royalties from C$28.00 to C$29.00 and gave the company a “buy” rating in a research note on Monday, July 22nd. CIBC raised their target price on shares of Osisko Gold Royalties from C$33.00 to C$34.00 in a research note on Wednesday, July 10th. Finally, 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. One investment analyst has rated the stock with a hold rating and seven have given a buy rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of C$28.50.

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.