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

Osisko Gold Royalties Ltd (TSE:OR) has been assigned a consensus recommendation of “Moderate Buy” from the eight ratings firms that are covering the firm, Marketbeat.com reports. One analyst has rated the stock with a hold rating and seven have assigned a buy rating to the company. The average 12-month target price among brokers that have issued ratings on the stock in the last year is C$28.50.

A number of equities analysts have issued reports on OR shares. Jefferies Financial Group raised shares of Osisko Gold Royalties from a “hold” rating to a “buy” rating in a research report on Friday, July 12th. CIBC boosted their target price on shares of Osisko Gold Royalties from C$33.00 to C$34.00 in a research report on Wednesday, July 10th. Canaccord Genuity Group upped their price target on shares of Osisko Gold Royalties from C$30.00 to C$31.00 in a report on Tuesday, July 23rd. Scotiabank lifted their price objective on Osisko Gold Royalties from C$25.00 to C$27.00 in a research note on Monday, August 19th. Finally, Raymond James lowered their target price on Osisko Gold Royalties from C$27.50 to C$27.00 in a research note on Monday, August 19th.

Insider Transactions at Osisko Gold Royalties

In other Osisko Gold Royalties news, Director Everard Trenton Richards sold 15,000 shares of Osisko Gold Royalties stock in a transaction on Friday, August 9th. The shares were sold at an average price of C$22.19, for a total transaction of C$332,913.00. Corporate insiders own 0.38% of the company’s stock.

Osisko Gold Royalties Trading Down 1.5 %

Shares of TSE:OR opened at C$22.39 on Friday. The company has a current ratio of 4.92, a quick ratio of 0.98 and a debt-to-equity ratio of 7.00. The company has a market capitalization of C$4.17 billion, a PE ratio of -44.78, a P/E/G ratio of 1.31 and a beta of 0.89. Osisko Gold Royalties has a 12-month low of C$15.42 and a 12-month high of C$25.19. The business’s fifty day simple moving average is C$23.30 and its 200-day simple moving average is C$22.26.

Osisko Gold Royalties (TSE:OR) last issued its quarterly earnings results on Tuesday, August 6th. The company reported C$0.18 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of C$0.17 by C$0.01. Osisko Gold Royalties had a negative return on equity of 5.46% and a negative net margin of 36.86%. The business had revenue of C$64.85 million for the quarter. As a group, equities research analysts predict that Osisko Gold Royalties will post 0.8111389 earnings per share for the current fiscal year.

Osisko Gold Royalties Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, October 15th. Shareholders of record on Monday, September 30th will be paid a dividend of $0.065 per share. The ex-dividend date is Friday, September 27th. This represents a $0.26 annualized dividend and a yield of 1.16%. Osisko Gold Royalties’s dividend payout ratio (DPR) is currently -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.