Osisko Gold Royalties Ltd (TSE:OR) Receives Consensus Recommendation of “Moderate Buy” from Brokerages

Osisko Gold Royalties Ltd (TSE:OR) has earned a consensus recommendation of “Moderate Buy” from the seven analysts that are covering the firm, MarketBeat Ratings reports. One investment analyst has rated the stock with a hold recommendation and six have given a buy recommendation to the company. The average 1 year price target among analysts that have updated their coverage on the stock in the last year is C$26.56.

A number of research firms recently weighed in on OR. Raymond James upped their target price on shares of Osisko Gold Royalties from C$26.00 to C$28.00 in a research note on Tuesday, April 23rd. TD Securities dropped their price objective 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 report on Friday, February 23rd. Canaccord Genuity Group lifted their price objective on shares of Osisko Gold Royalties from C$28.00 to C$30.00 in a research report on Tuesday, April 23rd. Stifel Nicolaus increased their target price on Osisko Gold Royalties from C$27.00 to C$28.00 and gave the company a “buy” rating in a report on Friday, April 19th. Finally, CIBC raised their price target on Osisko Gold Royalties from C$28.50 to C$33.00 in a research note on Monday, April 15th.

Insiders Place Their Bets

In other news, Director David Smith purchased 10,000 shares of the company’s stock in a transaction that occurred on Monday, February 26th. The shares were purchased at an average price of C$18.98 per share, for a total transaction of C$189,800.00. In other Osisko Gold Royalties news, Senior Officer Frédéric Ruel sold 16,100 shares of the firm’s stock in a transaction on Wednesday, March 13th. The shares were sold at an average price of C$21.92, for a total transaction of C$352,912.00. Also, Director David Smith acquired 10,000 shares of the company’s stock in a transaction on Monday, February 26th. The stock was acquired at an average price of C$18.98 per share, for a total transaction of C$189,800.00. Over the last 90 days, insiders have sold 53,184 shares of company stock valued at $1,158,088. 0.57% of the stock is currently owned by insiders.

Osisko Gold Royalties Stock Up 0.7 %

Shares of TSE OR opened at C$21.93 on Friday. The stock has a market cap of C$4.07 billion, a P/E ratio of -84.35, a PEG ratio of 1.31 and a beta of 0.79. The business’s fifty day simple moving average is C$21.26 and its 200-day simple moving average is C$19.50. Osisko Gold Royalties has a 12-month low of C$15.42 and a 12-month high of C$24.42. The company has a current ratio of 4.11, a quick ratio of 0.98 and a debt-to-equity ratio of 12.11.

Osisko Gold Royalties (TSE:OR) last issued its quarterly earnings results on Tuesday, February 20th. The company reported C$0.16 earnings per share for the quarter, topping the consensus estimate 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 return on equity of 2.85% and a negative net margin of 19.55%. As a group, equities analysts predict 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. Investors of record on Monday, April 15th were given a $0.06 dividend. The ex-dividend date was Wednesday, March 27th. This represents a $0.24 dividend on an annualized basis and a yield of 1.09%. Osisko Gold Royalties’s dividend payout ratio (DPR) is presently -92.31%.

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.