Osisko Gold Royalties Ltd (TSE:OR) Plans $0.07 Quarterly Dividend

Osisko Gold Royalties Ltd (TSE:OR) announced a quarterly dividend on Wednesday, November 6th,Zacks Dividends reports. Shareholders of record on Tuesday, December 31st will be paid a dividend of 0.065 per share on Wednesday, January 15th. This represents a $0.26 annualized dividend and a yield of 0.98%. The ex-dividend date is Tuesday, December 31st.

Osisko Gold Royalties Trading Up 0.2 %

Osisko Gold Royalties stock opened at C$26.46 on Friday. The company has a debt-to-equity ratio of 7.00, a current ratio of 4.92 and a quick ratio of 0.98. The stock has a market capitalization of C$4.93 billion, a PE ratio of -52.92, a price-to-earnings-growth ratio of 1.31 and a beta of 0.90. The firm has a 50 day simple moving average of C$27.46 and a 200-day simple moving average of C$24.84. Osisko Gold Royalties has a 12-month low of C$17.41 and a 12-month high of C$29.57.

Insider Activity

In other news, Director Duncan Cornell Card sold 10,000 shares of the stock in a transaction dated Tuesday, October 15th. The shares were sold at an average price of C$27.03, for a total transaction of C$270,331.00. 0.38% of the stock is currently owned by company insiders.

Wall Street Analyst Weigh In

Several research firms have recently weighed in on OR. CIBC lifted their target price 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 Osisko Gold Royalties from C$29.00 to C$31.00 in a report on Monday, October 21st. TD Securities downgraded Osisko Gold Royalties from a “buy” rating to a “hold” rating in a research note on Monday, November 11th. Finally, BMO Capital Markets raised their target price on shares of Osisko Gold Royalties from C$27.00 to C$28.00 in a research note on Thursday, November 7th. One analyst has rated the stock with a hold rating and five have assigned a buy rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of C$30.25.

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.