Osisko gold royalties Ltd (TSE:OR) has been given an average rating of “Buy” by the ten brokerages that are presently covering the firm, Marketbeat Ratings reports. Two research analysts have rated the stock with a hold recommendation and five have assigned a buy recommendation to the company. The average twelve-month price objective among brokerages that have issued ratings on the stock in the last year is C$19.00.

A number of equities analysts have recently issued reports on OR shares. Canaccord Genuity increased their price objective on shares of Osisko gold royalties from C$20.00 to C$21.50 in a research report on Friday, September 29th. National Bank Financial increased their price objective on shares of Osisko gold royalties from C$19.00 to C$19.25 and gave the stock an “outperform” rating in a research report on Thursday, November 9th. Desjardins reissued a “buy” rating on shares of Osisko gold royalties in a research report on Monday, December 11th. CIBC cut their price objective on shares of Osisko gold royalties from C$19.00 to C$17.00 in a research report on Thursday, December 14th. Finally, Scotiabank cut their price objective on shares of Osisko gold royalties from C$21.00 to C$20.00 and set an “outperform” rating on the stock in a research report on Monday, November 6th.

Shares of Osisko gold royalties (OR) traded down C$0.22 on Friday, reaching C$14.21. 230,536 shares of the company’s stock were exchanged, compared to its average volume of 299,744. The company has a market capitalization of $2,270.00, a PE ratio of 52.63 and a beta of -0.21. Osisko gold royalties has a twelve month low of C$13.65 and a twelve month high of C$17.58.

The firm also recently declared a quarterly dividend, which will be paid on Monday, January 15th. Investors of record on Friday, December 29th will be given a $0.05 dividend. The ex-dividend date of this dividend is Thursday, December 28th. This represents a $0.20 annualized dividend and a yield of 1.41%. Osisko gold royalties’s payout ratio is 62.96%.

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Osisko gold royalties Company Profile

Osisko Gold Royalties Ltd (Osisko) is a Canada-based company engaged in the business of acquiring and managing precious metal and other interests in Canada and across the world. The Company’s assets include the Canadian Malartic mine, located in Malartic, Quebec and Eleonore mine, located in the James Bay area in Quebec.

Analyst Recommendations for Osisko gold royalties (TSE:OR)

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