Osisko Gold Royalties (TSE:OR) Given New C$20.00 Price Target at Stifel Nicolaus

Osisko Gold Royalties (TSE:ORGet Rating) had its price objective raised by Stifel Nicolaus from C$19.50 to C$20.00 in a report published on Monday morning, BayStreet.CA reports.

Several other equities analysts have also commented on OR. Canaccord Genuity Group decreased their price objective on shares of Osisko Gold Royalties from C$23.00 to C$22.00 in a report on Thursday, October 20th. BMO Capital Markets lowered their price target on Osisko Gold Royalties from C$21.00 to C$20.00 in a research report on Wednesday, January 4th. Eight Capital cut their price objective on Osisko Gold Royalties from C$24.00 to C$23.50 in a report on Wednesday, October 26th. National Bankshares raised their target price on Osisko Gold Royalties from C$22.00 to C$23.00 and gave the company an outperform rating in a report on Friday, January 13th. Finally, CIBC boosted their price target on shares of Osisko Gold Royalties from C$21.00 to C$23.00 and gave the stock an outperform rating in a research note on Thursday, November 10th. Five investment analysts have rated the stock with a buy rating, According to MarketBeat, the company currently has a consensus rating of Buy and an average target price of C$22.11.

Osisko Gold Royalties Price Performance

OR stock opened at C$18.14 on Monday. Osisko Gold Royalties has a 52-week low of C$11.90 and a 52-week high of C$18.59. The company has a quick ratio of 0.98, a current ratio of 0.98 and a debt-to-equity ratio of 17.72. The stock has a market cap of C$3.34 billion and a price-to-earnings ratio of -90.25. The business has a fifty day moving average of C$16.94 and a two-hundred day moving average of C$14.79.

Osisko Gold Royalties (TSE:ORGet Rating) last released its quarterly earnings results on Wednesday, November 9th. The company reported C$0.14 earnings per share for the quarter, topping analysts’ consensus estimates of C$0.11 by C$0.03. The business had revenue of C$53.66 million for the quarter. As a group, research analysts anticipate that Osisko Gold Royalties will post 0.48 earnings per share for the current year.

Osisko Gold Royalties Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Monday, January 16th. Investors of record on Monday, January 16th were paid a $0.055 dividend. The ex-dividend date was Thursday, December 29th. This represents a $0.22 dividend on an annualized basis and a yield of 1.21%. Osisko Gold Royalties’s dividend payout ratio is currently -109.45%.

Insider Buying and Selling at Osisko Gold Royalties

In other Osisko Gold Royalties news, Director Duncan Cornell Card sold 5,000 shares of the firm’s stock in a transaction on Friday, November 18th. The stock was sold at an average price of C$17.00, for a total value of C$85,000.00. In other news, Director Sean Roosen sold 28,300 shares of the company’s stock in a transaction on Friday, December 23rd. The shares were sold at an average price of C$16.72, for a total value of C$473,176.00. Following the completion of the transaction, the director now owns 561,644 shares in the company, valued at approximately C$9,390,687.68. Also, Director Duncan Cornell Card sold 5,000 shares of the stock in a transaction on Friday, November 18th. The shares were sold at an average price of C$17.00, for a total transaction of C$85,000.00.

About Osisko Gold Royalties

(Get Rating)

Osisko Gold Royalties Ltd acquires and manages precious metal and other royalties, streams, and offtake and other interests in Canada and internationally. It also owns options on royalty/stream financings; and exclusive rights to participate in future royalty/stream financings on various projects. The company's primary asset is a 5% net smelter return royalty on the Canadian Malartic mine located in Canada.

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Analyst Recommendations for Osisko Gold Royalties (TSE:OR)

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