Osisko Gold Royalties Ltd (OR) to Distribute Quarterly Dividend of $0.07 on April 15th

Osisko Gold Royalties Ltd (TSE:OR) announced a quarterly dividend on Wednesday, February 19th, RTT News reports. Shareholders of record on Monday, March 31st will be paid a dividend of 0.065 per share on Tuesday, April 15th. This represents a $0.26 annualized dividend and a dividend yield of 0.96%.

Osisko Gold Royalties Stock Performance

Shares of Osisko Gold Royalties stock opened at C$27.00 on Friday. Osisko Gold Royalties has a 12 month low of C$17.41 and a 12 month high of C$29.59. The stock’s fifty day moving average price is C$27.11 and its 200-day moving average price is C$26.06. The firm has a market cap of C$5.04 billion, a P/E ratio of -91.73, a P/E/G ratio of 1.31 and a beta of 0.90. The company has a current ratio of 4.40, a quick ratio of 0.98 and a debt-to-equity ratio of 5.29.

Analyst Ratings Changes

Several equities research analysts have recently commented on OR shares. National Bankshares reduced their price target on shares of Osisko Gold Royalties from C$35.00 to C$34.00 and set an “outperform” rating for the company in a report on Tuesday, February 11th. CIBC boosted their price objective on shares of Osisko Gold Royalties from C$36.00 to C$39.00 in a research note on Monday, December 2nd. BMO Capital Markets increased their target price on Osisko Gold Royalties from C$27.00 to C$28.00 in a research report on Thursday, November 7th. Finally, TD Securities downgraded Osisko Gold Royalties from a “buy” rating to a “hold” rating in a report on Monday, November 11th.

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.