Insider Selling: Osisko Gold Royalties Ltd (TSE:OR) Senior Officer Sells 5,000 Shares of Stock

Osisko Gold Royalties Ltd (TSE:OR) Senior Officer Guy Desharnais sold 5,000 shares of the stock in a transaction that occurred on Wednesday, February 26th. The shares were sold at an average price of C$26.40, for a total value of C$132,006.00.

Osisko Gold Royalties Price Performance

TSE OR traded up C$0.51 on Wednesday, hitting C$26.77. 156,050 shares of the company’s stock were exchanged, compared to its average volume of 336,972. Osisko Gold Royalties Ltd has a 52 week low of C$18.56 and a 52 week high of C$29.59. The stock has a 50-day moving average of C$27.07 and a 200-day moving average of C$26.13. The company has a current ratio of 4.40, a quick ratio of 0.98 and a debt-to-equity ratio of 5.29. The stock has a market cap of C$5.00 billion, a price-to-earnings ratio of -90.95, a P/E/G ratio of 1.31 and a beta of 0.90.

Osisko Gold Royalties Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Tuesday, April 15th. Shareholders of record on Monday, March 31st will be given a $0.065 dividend. This represents a $0.26 annualized dividend and a yield of 0.97%. Osisko Gold Royalties’s dividend payout ratio is presently -88.33%.

Wall Street Analyst Weigh In

A number of equities research analysts have issued reports on OR shares. National Bankshares decreased their price target on shares of Osisko Gold Royalties from C$35.00 to C$34.00 and set an “outperform” rating for the company in a report on Tuesday, February 11th. TD Securities decreased their price target on Osisko Gold Royalties from C$31.00 to C$30.00 and set a “hold” rating on the stock in a research note on Tuesday. CIBC boosted their price objective on Osisko Gold Royalties from C$36.00 to C$39.00 in a research note on Monday, December 2nd. Finally, BMO Capital Markets boosted their target price on Osisko Gold Royalties from C$27.00 to C$28.00 in a research report on Thursday, November 7th.

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.