Osisko Gold Royalties (TSE:OR) Price Target Increased to C$28.00 by Analysts at Raymond James

Osisko Gold Royalties (TSE:OR) had its target price increased by Raymond James from C$26.00 to C$28.00 in a report published on Tuesday, BayStreet.CA reports.

A number of other research analysts have also issued reports on OR. TD Securities dropped their price target on shares of Osisko Gold Royalties from C$25.00 to C$23.00 and set a buy rating on the stock in a research note on Friday, February 23rd. CIBC boosted their price objective on shares of Osisko Gold Royalties from C$28.50 to C$33.00 in a report on Monday, April 15th. Stifel Nicolaus boosted their price objective on shares of Osisko Gold Royalties from C$27.00 to C$28.00 and gave the stock a buy rating in a report on Friday, April 19th. Finally, National Bankshares decreased their price objective on shares of Osisko Gold Royalties from C$25.00 to C$23.00 and set an outperform rating on the stock in a report on Thursday, February 22nd. One research analyst has rated the stock with a hold rating and six have given a buy rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of Moderate Buy and an average price target of C$26.56.

Osisko Gold Royalties Trading Up 1.9 %

TSE OR opened at C$21.55 on Tuesday. The company has a debt-to-equity ratio of 12.11, a quick ratio of 0.98 and a current ratio of 4.11. The firm has a market cap of C$4.00 billion, a PE ratio of -82.88, a P/E/G ratio of 1.31 and a beta of 0.79. Osisko Gold Royalties has a one year low of C$15.42 and a one year high of C$24.42. The firm’s fifty day moving average is C$21.10 and its two-hundred day moving average is C$19.40.

Osisko Gold Royalties (TSE:OR) last posted 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. The company had revenue of C$65.16 million for the quarter. Osisko Gold Royalties had a negative net margin of 19.55% and a negative return on equity of 2.85%. Analysts expect that Osisko Gold Royalties will post 0.5493552 earnings per share for the current year.

Osisko Gold Royalties Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, April 15th. Shareholders of record on Monday, April 15th were paid a dividend of $0.06 per share. The ex-dividend date of this dividend was Wednesday, March 27th. This represents a $0.24 dividend on an annualized basis and a yield of 1.11%. Osisko Gold Royalties’s dividend payout ratio (DPR) is -92.31%.

Insider Buying and Selling at Osisko Gold Royalties

In other news, Senior Officer André Le Bel sold 10,000 shares of the firm’s stock in a transaction dated Wednesday, March 6th. The shares were sold at an average price of C$21.44, for a total value of C$214,400.00. In related news, Senior Officer André Le Bel sold 10,000 shares of the stock in a transaction dated Wednesday, March 6th. The shares were sold at an average price of C$21.44, for a total value of C$214,400.00. Also, Senior Officer Iain Wesley Farmer sold 19,600 shares of the stock in a transaction dated Monday, March 11th. The stock was sold at an average price of C$22.08, for a total transaction of C$432,864.04. Insiders have sold 53,184 shares of company stock worth $1,158,088 in the last ninety days. 0.57% of the stock is owned by insiders.

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.