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

Osisko Gold Royalties Ltd (TSE:OR) has been given an average recommendation of “Moderate Buy” by the six brokerages that are covering the company, MarketBeat Ratings reports. One research analyst has rated the stock with a hold rating and five have issued a buy rating on the company. The average 12 month price target among brokers that have updated their coverage on the stock in the last year is C$30.25.

OR has been the subject of a number of recent research reports. Stifel Nicolaus lifted their price target on shares of Osisko Gold Royalties from C$29.00 to C$31.00 in a report on Monday, October 21st. BMO Capital Markets raised their target price on shares of Osisko Gold Royalties from C$27.00 to C$28.00 in a research report on Thursday, November 7th. TD Securities downgraded Osisko Gold Royalties from a “buy” rating to a “hold” rating in a report on Monday, November 11th. Finally, CIBC raised their price objective on Osisko Gold Royalties from C$36.00 to C$39.00 in a report on Monday, December 2nd.

Insider Activity at Osisko Gold Royalties

In other Osisko Gold Royalties news, Director Duncan Cornell Card sold 10,000 shares of Osisko Gold Royalties stock in a transaction that occurred on 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 owned by insiders.

Osisko Gold Royalties Trading Up 3.2 %

Osisko Gold Royalties stock opened at C$26.85 on Friday. The stock has a 50-day moving average price of C$27.35 and a 200 day moving average price of C$24.92. Osisko Gold Royalties has a 52 week low of C$17.41 and a 52 week high of C$29.57. The stock has a market cap of C$5.00 billion, a PE ratio of -53.70, a P/E/G ratio of 1.31 and a beta of 0.90. The company has a current ratio of 4.92, a quick ratio of 0.98 and a debt-to-equity ratio of 7.00.

Osisko Gold Royalties Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, January 15th. Stockholders of record on Tuesday, December 31st will be issued a dividend of $0.065 per share. The ex-dividend date of this dividend is Tuesday, December 31st. This represents a $0.26 dividend on an annualized basis and a dividend yield of 0.97%. Osisko Gold Royalties’s payout ratio is -52.00%.

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.