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

Shares of Osisko Gold Royalties Ltd (TSE:OR) have received a consensus rating of “Moderate Buy” from the six ratings firms that are covering the firm, Marketbeat Ratings reports. One research analyst has rated the stock with a hold rating and five have issued a buy rating on the company. The average 1-year price objective among analysts that have updated their coverage on the stock in the last year is C$30.25.

OR has been the topic of a number of research analyst reports. BMO Capital Markets boosted their target price on Osisko Gold Royalties from C$27.00 to C$28.00 in a research report on Thursday, November 7th. CIBC boosted their price objective on shares of Osisko Gold Royalties from C$36.00 to C$39.00 in a research report on Monday, December 2nd. Stifel Nicolaus increased their price objective on shares of Osisko Gold Royalties from C$29.00 to C$31.00 in a research note on Monday, October 21st. Finally, TD Securities cut shares of Osisko Gold Royalties from a “buy” rating to a “hold” rating in a research report on Monday, November 11th.

Insiders Place Their Bets

In related news, Director Duncan Cornell Card sold 10,000 shares of the firm’s stock in a transaction that occurred on Tuesday, October 15th. The shares were sold at an average price of C$27.03, for a total value of C$270,331.00. Corporate insiders own 0.38% of the company’s stock.

Osisko Gold Royalties Stock Up 2.0 %

Shares of TSE OR opened at C$26.59 on Friday. The stock has a market capitalization of C$4.95 billion, a price-to-earnings ratio of -53.18, a price-to-earnings-growth ratio of 1.31 and a beta of 0.90. Osisko Gold Royalties has a 52 week low of C$17.41 and a 52 week high of C$29.57. The firm has a 50-day moving average price of C$27.20 and a 200 day moving average price of C$25.02. The company has a quick ratio of 0.98, a current ratio of 4.92 and a debt-to-equity ratio of 7.00.

Osisko Gold Royalties Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, January 15th. Investors of record on Tuesday, December 31st will be given a dividend of $0.065 per share. The ex-dividend date of this dividend is Tuesday, December 31st. This represents a $0.26 dividend on an annualized basis and a yield of 0.98%. Osisko Gold Royalties’s dividend payout ratio (DPR) is currently -52.00%.

About Osisko Gold Royalties

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.