Osisko Gold Royalties Ltd (TSE:OR) Director Paul Douglas Martin Sells 12,000 Shares of Stock

Osisko Gold Royalties Ltd (TSE:OR) Director Paul Douglas Martin sold 12,000 shares of Osisko Gold Royalties stock in a transaction that occurred on Thursday, February 27th. The stock was sold at an average price of C$25.67, for a total transaction of C$308,040.00.

Osisko Gold Royalties Stock Performance

Osisko Gold Royalties stock opened at C$26.07 on Tuesday. The firm’s 50 day simple moving average is C$27.06 and its 200-day simple moving average is C$26.19. The company has a market cap of C$4.87 billion, a P/E ratio of -88.57, a price-to-earnings-growth ratio of 1.31 and a beta of 0.90. The company has a debt-to-equity ratio of 5.29, a current ratio of 4.40 and a quick ratio of 0.98. Osisko Gold Royalties Ltd has a fifty-two week low of C$20.54 and a fifty-two week high of C$29.59.

Osisko Gold Royalties Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, April 15th. Investors of record on Monday, March 31st will be issued a dividend of $0.065 per share. This represents a $0.26 annualized dividend and a dividend yield of 1.00%. Osisko Gold Royalties’s dividend payout ratio is currently -88.33%.

Wall Street Analysts Forecast Growth

Several brokerages have recently issued reports on OR. CIBC lifted their price objective on shares of Osisko Gold Royalties from C$36.00 to C$39.00 in a research note on Monday, December 2nd. National Bankshares lowered their price objective on shares of Osisko Gold Royalties from C$35.00 to C$34.00 and set an “outperform” rating on the stock in a research note on Tuesday, February 11th. BMO Capital Markets lifted their target price on shares of Osisko Gold Royalties from C$27.00 to C$28.00 in a research report on Thursday, November 7th. Finally, TD Securities dropped their target price on shares of Osisko Gold Royalties from C$31.00 to C$30.00 and set a “hold” rating on the stock in a research report on Tuesday, February 25th.

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.