Analysts Set Osisko Gold Royalties Ltd (TSE:OR) Price Target at C$30.25

Osisko Gold Royalties Ltd (TSE:OR) has earned a consensus recommendation of “Moderate Buy” from the six analysts that are currently covering the firm, Marketbeat reports. One equities research analyst has rated the stock with a hold recommendation and five have issued a buy recommendation on the company. The average 12-month price target among brokerages that have issued a report on the stock in the last year is C$31.13.

OR has been the topic of several research analyst reports. National Bankshares upped their price objective on Osisko Gold Royalties from C$33.50 to C$35.00 and gave the company an “outperform” rating in a research note on Thursday. BMO Capital Markets increased their price target on Osisko Gold Royalties from C$27.00 to C$28.00 in a research note on Thursday, November 7th. TD Securities lowered Osisko Gold Royalties from a “buy” rating to a “hold” rating in a report on Monday, November 11th. Stifel Nicolaus upped their price objective on shares of Osisko Gold Royalties from C$29.00 to C$31.00 in a report on Monday, October 21st. Finally, CIBC lifted their target price on shares of Osisko Gold Royalties from C$36.00 to C$39.00 in a research note on Monday, December 2nd.

Osisko Gold Royalties Stock Performance

Shares of OR opened at C$27.62 on Friday. The stock has a 50 day moving average of C$27.14 and a 200 day moving average of C$25.05. The company has a market capitalization of C$5.14 billion, a price-to-earnings ratio of -55.24, a PEG ratio of 1.31 and a beta of 0.90. Osisko Gold Royalties has a 12 month low of C$17.41 and a 12 month high of C$29.57. 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 firm also recently declared a quarterly dividend, which will be paid on Wednesday, January 15th. Shareholders of record on Tuesday, December 31st will be given a dividend of $0.065 per share. This represents a $0.26 dividend on an annualized basis and a yield of 0.94%. The ex-dividend date is Tuesday, December 31st. Osisko Gold Royalties’s payout ratio is currently -52.00%.

Insider Activity

In other news, Director Duncan Cornell Card sold 10,000 shares of the stock in a transaction that occurred on Tuesday, October 15th. The stock was 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 corporate 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.