Osisko Gold Royalties Ltd (TSE:OR) Receives C$26.56 Consensus Price Target from Analysts

Shares of Osisko Gold Royalties Ltd (TSE:OR) have been given a consensus recommendation of “Moderate Buy” by the seven analysts that are currently covering the company, MarketBeat reports. One equities research analyst has rated the stock with a hold rating and six have issued a buy rating on the company. The average 12 month price objective among brokerages that have covered the stock in the last year is C$26.56.

A number of research analysts have recently issued reports on the stock. National Bankshares cut their price objective on shares of Osisko Gold Royalties from C$25.00 to C$23.00 and set an “outperform” rating on the stock in a research report on Thursday, February 22nd. CIBC increased their price target on shares of Osisko Gold Royalties from C$28.50 to C$33.00 in a report on Monday, April 15th. Canaccord Genuity Group raised their target price on Osisko Gold Royalties from C$28.00 to C$30.00 in a report on Tuesday, April 23rd. Raymond James upped their price objective on shares of Osisko Gold Royalties from C$26.00 to C$28.00 in a research report on Tuesday, April 23rd. Finally, Stifel Nicolaus boosted their price target on shares of Osisko Gold Royalties from C$27.00 to C$28.00 and gave the stock a “buy” rating in a research report on Friday, April 19th.

Insiders Place Their Bets

In other Osisko Gold Royalties news, Senior Officer Iain Wesley Farmer sold 19,600 shares of the company’s stock in a transaction dated Monday, March 11th. The shares were sold at an average price of C$22.08, for a total transaction of C$432,864.04. In related news, Senior Officer Iain Wesley Farmer sold 19,600 shares of the business’s stock in a transaction dated Monday, March 11th. The shares were sold at an average price of C$22.08, for a total value of C$432,864.04. Also, Director David Smith acquired 10,000 shares of the stock in a transaction that occurred on Monday, February 26th. The stock was acquired at an average cost of C$18.98 per share, for a total transaction of C$189,800.00. In the last 90 days, insiders have sold 53,184 shares of company stock worth $1,158,088. Company insiders own 0.45% of the company’s stock.

Osisko Gold Royalties Price Performance

Osisko Gold Royalties stock opened at C$21.15 on Friday. The company has a quick ratio of 0.98, a current ratio of 4.11 and a debt-to-equity ratio of 12.11. Osisko Gold Royalties has a 52-week low of C$15.42 and a 52-week high of C$24.42. The firm’s fifty day moving average is C$21.36 and its 200 day moving average is C$19.59. The company has a market cap of C$3.93 billion, a price-to-earnings ratio of -81.35, a PEG ratio of 1.31 and a beta of 0.82.

Osisko Gold Royalties (TSE:OR) last issued its earnings results on Tuesday, February 20th. The company reported C$0.16 EPS for the quarter, topping analysts’ consensus estimates of C$0.15 by C$0.01. The business had revenue of C$65.16 million for the quarter. Osisko Gold Royalties had a negative net margin of 19.55% and a negative return on equity of 2.85%. Sell-side analysts forecast that Osisko Gold Royalties will post 0.5773956 EPS for the current fiscal year.

Osisko Gold Royalties Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Monday, April 15th. Shareholders of record on Monday, April 15th were paid a $0.06 dividend. The ex-dividend date of this dividend was Wednesday, March 27th. This represents a $0.24 annualized dividend and a yield of 1.13%. Osisko Gold Royalties’s dividend payout ratio is currently -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.