Osisko Gold Royalties (TSE:OR) Given New C$33.00 Price Target at CIBC

Osisko Gold Royalties (TSE:OR) had its price target lifted by CIBC from C$28.50 to C$33.00 in a research note published on Monday morning, BayStreet.CA reports.

A number of other analysts have also issued reports on the company. TD Securities reduced their target price on Osisko Gold Royalties from C$25.00 to C$23.00 and set a buy rating for the company in a report on Friday, February 23rd. National Bankshares reduced their target price on Osisko Gold Royalties from C$25.00 to C$23.00 and set an outperform rating for the company in a report on Thursday, February 22nd. Finally, Raymond James increased their target price on Osisko Gold Royalties from C$25.00 to C$26.00 and gave the company an outperform rating in a report on Friday, January 12th. One equities research analyst has rated the stock with a hold rating and five have assigned a buy rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of Moderate Buy and an average price target of C$25.75.

Osisko Gold Royalties Price Performance

Shares of TSE:OR opened at C$22.05 on Monday. Osisko Gold Royalties has a one year low of C$15.42 and a one year high of C$24.42. The stock has a fifty day moving average of C$20.86 and a 200-day moving average of C$19.15. The company has a market capitalization of C$4.09 billion, a PE ratio of -84.81, a price-to-earnings-growth ratio of 1.31 and a beta of 0.79. The company has a debt-to-equity ratio of 12.11, a quick ratio of 0.98 and a current ratio of 4.11.

Osisko Gold Royalties (TSE:OR) last announced its quarterly earnings data on Tuesday, February 20th. The company reported C$0.16 EPS for the quarter, beating analysts’ consensus estimates of C$0.15 by C$0.01. Osisko Gold Royalties had a negative return on equity of 2.85% and a negative net margin of 19.55%. The company had revenue of C$65.16 million during the quarter. As a group, equities analysts anticipate that Osisko Gold Royalties will post 0.5493552 EPS for the current fiscal year.

Osisko Gold Royalties Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Monday, April 15th. Stockholders of record on Monday, April 15th were paid a $0.06 dividend. This represents a $0.24 dividend on an annualized basis and a dividend yield of 1.09%. The ex-dividend date was Wednesday, March 27th. Osisko Gold Royalties’s dividend payout ratio (DPR) is presently -92.31%.

Insider Transactions at Osisko Gold Royalties

In other news, Senior Officer Guy Desharnais sold 7,484 shares of the company’s stock in a transaction on Wednesday, March 20th. The shares were sold at an average price of C$21.10, for a total value of C$157,912.40. In other Osisko Gold Royalties news, Senior Officer Iain Wesley Farmer sold 19,600 shares of the stock in a transaction on Monday, March 11th. The shares were sold at an average price of C$22.08, for a total transaction of C$432,864.04. Also, Senior Officer Guy Desharnais sold 7,484 shares of the stock in a transaction on Wednesday, March 20th. The stock was sold at an average price of C$21.10, for a total transaction of C$157,912.40. Over the last ninety days, insiders have sold 53,184 shares of company stock valued at $1,158,088. 0.57% of the stock is owned by insiders.

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.