Osisko Gold Royalties (TSE:OR) Price Target Raised to C$28.00

Osisko Gold Royalties (TSE:ORFree Report) had its target price boosted by BMO Capital Markets from C$27.00 to C$28.00 in a report published on Thursday morning,BayStreet.CA reports.

OR has been the topic of a number of other reports. Stifel Nicolaus upped their target price on shares of Osisko Gold Royalties from C$29.00 to C$31.00 in a research report on Monday, October 21st. CIBC boosted their price target on shares of Osisko Gold Royalties from C$33.00 to C$34.00 in a research note on Wednesday, July 10th. Canaccord Genuity Group boosted their price target on shares of Osisko Gold Royalties from C$30.00 to C$31.00 in a research note on Tuesday, July 23rd. Scotiabank boosted their price target on shares of Osisko Gold Royalties from C$25.00 to C$27.00 in a research note on Monday, August 19th. Finally, Jefferies Financial Group raised shares of Osisko Gold Royalties from a “hold” rating to a “buy” rating in a research note on Friday, July 12th. One research analyst has rated the stock with a hold rating and seven have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, Osisko Gold Royalties presently has a consensus rating of “Moderate Buy” and an average target price of C$29.63.

View Our Latest Analysis on OR

Osisko Gold Royalties Price Performance

Shares of OR stock opened at C$28.14 on Thursday. Osisko Gold Royalties has a 1 year low of C$16.32 and a 1 year high of C$29.57. The firm’s 50 day moving average is C$25.70 and its 200-day moving average is C$23.69. The firm has a market capitalization of C$5.24 billion, a price-to-earnings ratio of -56.28, a PEG ratio of 1.31 and a beta of 0.90. 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 announced a quarterly dividend, which will be paid on Wednesday, January 15th. Investors of record on Tuesday, December 31st will be issued a dividend of $0.065 per share. This represents a $0.26 annualized dividend and a yield of 0.92%. The ex-dividend date is Tuesday, December 31st. Osisko Gold Royalties’s payout ratio is -52.00%.

Insider Buying and Selling

In related news, Senior Officer André Le Bel sold 10,000 shares of the stock in a transaction on Friday, September 20th. The shares were sold at an average price of C$24.80, for a total transaction of C$248,000.00. 0.38% of the stock is currently owned by corporate insiders.

Osisko Gold Royalties Company Profile

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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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Analyst Recommendations for Osisko Gold Royalties (TSE:OR)

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