Osisko Gold Royalties (TSE:OR) Insider Sells C$198,976.05 in Stock

Osisko Gold Royalties Ltd (TSE:OR) insider Guy Desharnais sold 4,407 shares of Osisko Gold Royalties stock in a transaction that occurred on Monday, November 17th. The shares were sold at an average price of C$45.15, for a total value of C$198,976.05. Following the transaction, the insider owned 24,814 shares of the company’s stock, valued at approximately C$1,120,352.10. This represents a 15.08% decrease in their ownership of the stock.

Osisko Gold Royalties Trading Down 3.7%

OR stock opened at C$47.79 on Tuesday. The company has a quick ratio of 0.98, a current ratio of 4.40 and a debt-to-equity ratio of 5.29. Osisko Gold Royalties Ltd has a 52-week low of C$25.35 and a 52-week high of C$58.84. The company’s 50-day simple moving average is C$48.02 and its 200-day simple moving average is C$43.93. The firm has a market cap of C$8.99 billion, a P/E ratio of 61.27, a PEG ratio of 1.31 and a beta of 1.20.

Analyst Upgrades and Downgrades

A number of analysts have recently commented on the company. Scotiabank cut Osisko Gold Royalties from a “strong-buy” rating to a “hold” rating in a research report on Thursday, October 23rd. Canaccord Genuity Group raised shares of Osisko Gold Royalties from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, October 22nd. Jefferies Financial Group cut shares of Osisko Gold Royalties from a “buy” rating to a “hold” rating and set a C$40.00 price target on the stock. in a research report on Sunday, October 5th. Finally, Raymond James Financial upgraded Osisko Gold Royalties from a “hold” rating to a “moderate buy” rating in a research report on Thursday, November 6th. One equities research analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating and three have issued a Hold rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of C$41.17.

Osisko Gold Royalties Company Profile

Osisko is an intermediate precious metal royalty company focused on the Americas that commenced activities in June 2014. Osisko holds a North American focused portfolio of over 175 royalties, streams and precious metal offtakes. Osisko’s portfolio is anchored by its cornerstone asset, a 5% net smelter return royalty on the Canadian Malartic mine, which is the largest gold mine in Canada.