Osisko Gold Royalties (TSE:OR) Reaches New 1-Year High at $25.61

Osisko Gold Royalties Ltd (TSE:OR) reached a new 52-week high during trading on Thursday . The stock traded as high as C$25.61 and last traded at C$25.57, with a volume of 103455 shares traded. The stock had previously closed at C$25.17.

Wall Street Analyst Weigh In

Several equities research analysts recently commented on OR shares. Canaccord Genuity Group lifted their price objective on Osisko Gold Royalties from C$30.00 to C$31.00 in a report on Tuesday, July 23rd. CIBC boosted their price target on Osisko Gold Royalties from C$33.00 to C$34.00 in a research note on Wednesday, July 10th. Raymond James cut their price target on Osisko Gold Royalties from C$27.50 to C$27.00 in a research note on Monday, August 19th. National Bankshares boosted their price target on Osisko Gold Royalties from C$26.00 to C$28.00 and gave the company an “outperform” rating in a research note on Wednesday, July 17th. Finally, Jefferies Financial Group upgraded Osisko Gold Royalties from a “hold” rating to a “buy” rating in a research note on Friday, July 12th. One analyst has rated the stock with a hold rating and seven have issued a buy rating to the company’s stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of C$28.50.

Osisko Gold Royalties Trading Up 1.7 %

The company has a debt-to-equity ratio of 7.00, a quick ratio of 0.98 and a current ratio of 4.92. The stock has a market capitalization of C$4.77 billion, a PE ratio of -51.20, a PEG ratio of 1.31 and a beta of 0.89. The stock has a 50-day moving average price of C$23.75 and a two-hundred day moving average price of C$22.68.

Osisko Gold Royalties (TSE:OR) last posted its quarterly earnings results on Tuesday, August 6th. The company reported C$0.18 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 company had revenue of C$64.85 million for the quarter.

Osisko Gold Royalties Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, October 15th. Stockholders of record on Monday, September 30th will be issued a dividend of $0.065 per share. The ex-dividend date of this dividend is Friday, September 27th. This represents a $0.26 annualized dividend and a dividend yield of 1.02%. Osisko Gold Royalties’s dividend payout ratio (DPR) is -52.00%.

Insider Transactions at Osisko Gold Royalties

In other news, Senior Officer André Le Bel sold 10,000 shares of the business’s stock in a transaction that occurred on Friday, September 20th. The stock was sold at an average price of C$24.80, for a total transaction of C$248,000.00. In other news, Senior Officer André Le Bel sold 10,000 shares of the stock in a transaction on Friday, September 20th. The stock was sold at an average price of C$24.80, for a total transaction of C$248,000.00. Also, Director Everard Trenton Richards sold 15,000 shares of the stock in a transaction on Friday, August 9th. The stock was sold at an average price of C$22.19, for a total value of C$332,913.00. Insiders own 0.38% of the company’s stock.

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.