Rice Hall James & Associates LLC Sells 35,631 Shares of Osisko Gold Royalties Ltd (NYSE:OR)

Rice Hall James & Associates LLC decreased its position in Osisko Gold Royalties Ltd (NYSE:OR) by 17.3% in the fourth quarter, Holdings Channel.com reports. The firm owned 170,426 shares of the basic materials company’s stock after selling 35,631 shares during the quarter. Rice Hall James & Associates LLC’s holdings in Osisko Gold Royalties were worth $3,085,000 as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. Capital Performance Advisors LLP purchased a new stake in shares of Osisko Gold Royalties in the third quarter worth $58,000. Icon Wealth Advisors LLC purchased a new stake in shares of Osisko Gold Royalties in the third quarter worth $187,000. US Bancorp DE grew its stake in shares of Osisko Gold Royalties by 32.1% in the third quarter. US Bancorp DE now owns 10,629 shares of the basic materials company’s stock worth $197,000 after acquiring an additional 2,584 shares during the last quarter. SeaBridge Investment Advisors LLC purchased a new stake in shares of Osisko Gold Royalties in the fourth quarter worth $244,000. Finally, International Assets Investment Management LLC purchased a new stake in shares of Osisko Gold Royalties in the third quarter worth $286,000. Institutional investors own 68.52% of the company’s stock.

Osisko Gold Royalties Stock Up 0.4 %

Osisko Gold Royalties stock opened at $19.76 on Wednesday. The company has a quick ratio of 4.40, a current ratio of 4.40 and a debt-to-equity ratio of 0.05. Osisko Gold Royalties Ltd has a one year low of $12.77 and a one year high of $21.29. The business’s fifty day moving average is $18.89 and its 200 day moving average is $18.73.

Analyst Ratings Changes

OR has been the topic of a number of recent research reports. Royal Bank of Canada increased their target price on Osisko Gold Royalties from $23.00 to $24.00 and gave the stock an “outperform” rating in a research note on Tuesday, February 11th. TD Securities cut Osisko Gold Royalties from a “strong-buy” rating to a “hold” rating in a research note on Monday, November 11th. Finally, TD Cowen cut Osisko Gold Royalties from a “buy” rating to a “hold” rating in a research note 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.