Osisko Gold Royalties Ltd (TSE:OR) Senior Officer André Le Bel Sells 10,000 Shares

Osisko Gold Royalties Ltd (TSE:OR) Senior Officer André Le Bel sold 10,000 shares of Osisko Gold Royalties stock in a transaction that occurred on Wednesday, March 5th. The shares were sold at an average price of C$27.33, for a total transaction of C$273,250.00.

Osisko Gold Royalties Stock Performance

TSE:OR opened at C$26.32 on Friday. Osisko Gold Royalties Ltd has a twelve month low of C$20.67 and a twelve month high of C$29.59. The stock has a market cap of C$4.92 billion, a P/E ratio of -89.42, a price-to-earnings-growth ratio of 1.31 and a beta of 0.90. The company has a quick ratio of 0.98, a current ratio of 4.40 and a debt-to-equity ratio of 5.29. The firm’s fifty day simple moving average is C$27.08 and its 200 day simple moving average is C$26.24.

Osisko Gold Royalties Dividend Announcement

The firm 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 dividend on an annualized basis and a yield of 0.99%. Osisko Gold Royalties’s dividend payout ratio (DPR) is -88.33%.

Wall Street Analyst Weigh In

Several equities research analysts recently commented on the stock. National Bankshares cut their target price 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 report on Tuesday, February 11th. TD Securities lowered their target price on shares of Osisko Gold Royalties from C$31.00 to C$30.00 and set a “hold” rating for the company in a report on Tuesday, February 25th. Finally, CIBC raised their price objective on shares of Osisko Gold Royalties from C$36.00 to C$39.00 in a report on Monday, December 2nd.

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.