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

Osisko Gold Royalties Ltd (TSE:OR) Director Paul Douglas Martin sold 12,000 shares of the business’s 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 value of C$308,040.00.

Osisko Gold Royalties Trading Up 1.4 %

Osisko Gold Royalties stock opened at C$27.06 on Thursday. Osisko Gold Royalties Ltd has a one year low of C$20.67 and a one year high of C$29.59. The business’s fifty day moving average is C$27.08 and its 200 day moving average is C$26.22. The stock has a market capitalization of C$5.05 billion, a PE ratio of -91.93, 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 Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, April 15th. Stockholders of record on Monday, March 31st will be issued a dividend of $0.065 per share. This represents a $0.26 dividend on an annualized basis and a dividend yield of 0.96%. Osisko Gold Royalties’s payout ratio is presently -88.33%.

Wall Street Analyst Weigh In

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

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.