Osisko Gold Royalties Ltd (OR.TO) (TSE:OR)’s share price reached a new 52-week low during trading on Wednesday . The company traded as low as C$0.02 and last traded at C$0.02, with a volume of 344986 shares. The stock had previously closed at C$15.69.
Several research analysts have issued reports on OR shares. National Bank Financial set a C$23.00 price target on shares of Osisko Gold Royalties Ltd (OR.TO) and gave the stock an “outperform” rating in a report on Thursday, November 5th. BMO Capital Markets lifted their target price on shares of Osisko Gold Royalties Ltd (OR.TO) from C$20.00 to C$21.00 in a research note on Monday, November 2nd. Scotiabank upped their price target on shares of Osisko Gold Royalties Ltd (OR.TO) from C$24.00 to C$25.00 in a research report on Monday. CIBC raised Osisko Gold Royalties Ltd (OR.TO) from a “neutral” rating to an “outperform” rating and lifted their price objective for the stock from C$19.75 to C$21.00 in a research report on Wednesday, November 11th. Finally, Eight Capital boosted their price objective on Osisko Gold Royalties Ltd (OR.TO) from C$19.00 to C$25.00 in a research note on Tuesday, November 10th. Six analysts have rated the stock with a buy rating, The stock presently has an average rating of “Buy” and a consensus target price of C$21.53.
The company has a market cap of C$2.59 billion and a P/E ratio of -17.30. The stock’s 50-day moving average price is C$15.28 and its 200-day moving average price is C$15.35. The company has a current ratio of 2.14, a quick ratio of 2.00 and a debt-to-equity ratio of 26.32.
Osisko Gold Royalties Ltd (OR.TO) (TSE:OR) last announced its quarterly earnings results on Monday, November 9th. The company reported C$0.11 earnings per share (EPS) for the quarter, topping the consensus estimate of C$0.09 by C$0.02. The firm had revenue of C$55.71 million during the quarter. On average, research analysts anticipate that Osisko Gold Royalties Ltd will post 0.59 earnings per share for the current fiscal year.
The company also recently announced a quarterly dividend, which will be paid on Friday, January 15th. Stockholders of record on Thursday, December 31st will be given a dividend of $0.05 per share. This represents a $0.20 dividend on an annualized basis and a dividend yield of 1.29%. The ex-dividend date is Wednesday, December 30th. Osisko Gold Royalties Ltd (OR.TO)’s payout ratio is -22.30%.
In other Osisko Gold Royalties Ltd (OR.TO) news, Senior Officer André Le Bel sold 25,300 shares of the firm’s stock in a transaction on Wednesday, December 30th. The shares were sold at an average price of C$16.29, for a total value of C$412,149.65. Following the transaction, the insider now directly owns 62,774 shares of the company’s stock, valued at C$1,022,619.85.
About Osisko Gold Royalties Ltd (OR.TO) (TSE:OR)
Osisko Gold Royalties Ltd acquires and manages precious metal and other royalties, streams, and similar interests in Canada and internationally. Its assets include the 5% net smelter return (NSR) royalty on the Canadian Malartic mine; the 2.0% to 3.5% NSR royalty on the Eleonore mine; 5% NSR royalty on the Dublin Gulch property; a 9.6% diamond stream on the Renard diamond mine; a 3% NSR royalty on the Seabee gold operations located in Saskatchewan, Canada; a 1.5% gross revenue royalty on the Kwale mine; the 1.38% to 2.55% NSR royalty on the Island Gold mine; a 4.22% gold stream and 62.5% silver stream on the Amulsar project; and a 18.5% gold stream and a 75% silver stream on the Back Forty project.
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