Osisko gold royalties Ltd (OR) Shares Sold by CIBC Asset Management Inc

CIBC Asset Management Inc reduced its stake in Osisko gold royalties Ltd (NYSE:OR) by 11.2% during the third quarter, according to its most recent filing with the SEC. The fund owned 350,043 shares of the basic materials company’s stock after selling 44,315 shares during the quarter. CIBC Asset Management Inc owned 0.22% of Osisko gold royalties worth $2,654,000 at the end of the most recent quarter.

Other large investors also recently modified their holdings of the company. Citadel Advisors LLC lifted its holdings in Osisko gold royalties by 116.4% during the second quarter. Citadel Advisors LLC now owns 85,054 shares of the basic materials company’s stock valued at $805,000 after purchasing an additional 45,754 shares during the last quarter. Her Majesty the Queen in Right of the Province of Alberta as represented by Alberta Investment Management Corp lifted its holdings in Osisko gold royalties by 93.2% during the second quarter. Her Majesty the Queen in Right of the Province of Alberta as represented by Alberta Investment Management Corp now owns 528,000 shares of the basic materials company’s stock valued at $6,574,000 after purchasing an additional 254,700 shares during the last quarter. Fiera Capital Corp lifted its holdings in Osisko gold royalties by 1.8% during the second quarter. Fiera Capital Corp now owns 348,800 shares of the basic materials company’s stock valued at $3,304,000 after purchasing an additional 6,000 shares during the last quarter. EdgePoint Investment Group Inc. lifted its holdings in Osisko gold royalties by 7.4% during the second quarter. EdgePoint Investment Group Inc. now owns 8,607,357 shares of the basic materials company’s stock valued at $81,514,000 after purchasing an additional 595,600 shares during the last quarter. Finally, Royal Bank of Canada lifted its holdings in Osisko gold royalties by 54.6% during the first quarter. Royal Bank of Canada now owns 71,682 shares of the basic materials company’s stock valued at $694,000 after purchasing an additional 25,322 shares during the last quarter. 48.06% of the stock is currently owned by institutional investors.

Several equities research analysts have commented on OR shares. ValuEngine raised shares of Osisko gold royalties from a “sell” rating to a “hold” rating in a report on Tuesday, October 23rd. Canaccord Genuity reaffirmed a “buy” rating on shares of Osisko gold royalties in a report on Monday, October 22nd. TheStreet raised shares of Osisko gold royalties from a “d” rating to a “c-” rating in a report on Wednesday, August 22nd. Royal Bank of Canada reaffirmed a “buy” rating on shares of Osisko gold royalties in a report on Friday, November 2nd. Finally, Zacks Investment Research raised shares of Osisko gold royalties from a “sell” rating to a “hold” rating in a report on Tuesday, October 16th. Two equities research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. Osisko gold royalties presently has an average rating of “Buy”.

NYSE OR opened at $7.39 on Friday. The stock has a market cap of $1.22 billion, a price-to-earnings ratio of 52.79, a price-to-earnings-growth ratio of 27.42 and a beta of 0.03. Osisko gold royalties Ltd has a 52 week low of $7.25 and a 52 week high of $12.26. The company has a current ratio of 7.78, a quick ratio of 7.49 and a debt-to-equity ratio of 0.22.

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, January 15th. Shareholders of record on Monday, December 31st will be issued a dividend of $0.038 per share. This represents a $0.15 annualized dividend and a yield of 2.06%. The ex-dividend date is Friday, December 28th. Osisko gold royalties’s dividend payout ratio (DPR) is presently 107.14%.

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Osisko gold royalties Profile

Osisko Gold Royalties Ltd acquires and manages precious metal and other royalties, streams, and similar interests in Canada and internationally. Its assets include the 5% net smelter return (NSR) royalty on the Canadian Malartic mine; the 2.0% to 3.5% NSR royalty on the Eleonore mine; a 9.6% diamond stream on the Renard diamond mine; a 4% gold and silver stream on the Brucejack gold and silver mine; and a silver stream on the Gibraltar mine, all located in Canada.

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Institutional Ownership by Quarter for Osisko gold royalties (NYSE:OR)

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