Osisko Gold Royalties Ltd (TSE:OR – Get Free Report) has been given an average rating of “Moderate Buy” by the eight ratings firms that are presently covering the stock, Marketbeat reports. One investment analyst has rated the stock with a hold recommendation and seven have issued a buy recommendation on the company. The average 1 year target price among brokers that have updated their coverage on the stock in the last year is C$29.13.
A number of research firms recently weighed in on OR. Canaccord Genuity Group raised their price target on shares of Osisko Gold Royalties from C$30.00 to C$31.00 in a report on Tuesday, July 23rd. CIBC raised their price target on shares of Osisko Gold Royalties from C$33.00 to C$34.00 in a report on Wednesday, July 10th. Jefferies Financial Group raised shares of Osisko Gold Royalties from a “hold” rating to a “buy” rating in a report on Friday, July 12th. Stifel Nicolaus raised their price objective on shares of Osisko Gold Royalties from C$29.00 to C$31.00 in a report on Monday. Finally, National Bankshares raised their price objective on shares of Osisko Gold Royalties from C$26.00 to C$28.00 and gave the stock an “outperform” rating in a report on Wednesday, July 17th.
Insider Transactions at Osisko Gold Royalties
Osisko Gold Royalties Stock Down 1.1 %
TSE OR opened at C$28.59 on Friday. The company has a quick ratio of 0.98, a current ratio of 4.92 and a debt-to-equity ratio of 7.00. Osisko Gold Royalties has a fifty-two week low of C$16.32 and a fifty-two week high of C$29.30. The business has a 50 day moving average price of C$24.69 and a two-hundred day moving average price of C$23.26. The stock has a market cap of C$5.32 billion, a PE ratio of -57.18, a P/E/G ratio of 1.31 and a beta of 0.90.
Osisko Gold Royalties (TSE:OR – Get Free Report) last announced its earnings results on Tuesday, August 6th. The company reported C$0.18 earnings per share for the quarter, beating the consensus estimate of C$0.17 by C$0.01. The business had revenue of C$64.85 million during the quarter. Osisko Gold Royalties had a negative net margin of 36.86% and a negative return on equity of 5.46%.
Osisko Gold Royalties Dividend Announcement
The firm also recently declared a quarterly dividend, which was paid on Tuesday, October 15th. Stockholders of record on Tuesday, October 15th were given a $0.065 dividend. The ex-dividend date was Friday, September 27th. This represents a $0.26 dividend on an annualized basis and a dividend yield of 0.91%. Osisko Gold Royalties’s payout ratio is currently -52.00%.
About Osisko Gold Royalties
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.
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