Osisko Gold Royalties (TSE:OR) Price Target Increased to C$28.00 by Analysts at Raymond James

Osisko Gold Royalties (TSE:OR) had its price objective hoisted by Raymond James from C$26.00 to C$28.00 in a research note published on Tuesday, BayStreet.CA reports.

Several other equities research analysts have also recently commented on the company. Stifel Nicolaus boosted their target price on Osisko Gold Royalties from C$27.00 to C$28.00 and gave the company a buy rating in a research note on Friday, April 19th. TD Securities dropped their price objective on Osisko Gold Royalties from C$25.00 to C$23.00 and set a buy rating on the stock in a research note on Friday, February 23rd. National Bankshares dropped their price objective on Osisko Gold Royalties from C$25.00 to C$23.00 and set an outperform rating on the stock in a research note on Thursday, February 22nd. Finally, CIBC upped their price objective on Osisko Gold Royalties from C$28.50 to C$33.00 in a research note on Monday, April 15th. One analyst has rated the stock with a hold rating and six have assigned a buy rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of Moderate Buy and a consensus target price of C$26.56.

Osisko Gold Royalties Trading Up 1.9 %

TSE OR opened at C$21.55 on Tuesday. The stock has a market capitalization of C$4.00 billion, a price-to-earnings ratio of -82.88, a PEG ratio of 1.31 and a beta of 0.79. The stock’s 50 day moving average price is C$21.10 and its two-hundred day moving average price is C$19.40. The company has a debt-to-equity ratio of 12.11, a quick ratio of 0.98 and a current ratio of 4.11. Osisko Gold Royalties has a 52 week low of C$15.42 and a 52 week high of C$24.42.

Osisko Gold Royalties (TSE:OR) last released its earnings results on Tuesday, February 20th. The company reported C$0.16 EPS for the quarter, beating the consensus estimate of C$0.15 by C$0.01. The firm had revenue of C$65.16 million for the quarter. Osisko Gold Royalties had a negative return on equity of 2.85% and a negative net margin of 19.55%. As a group, analysts anticipate that Osisko Gold Royalties will post 0.5493552 earnings per share for the current fiscal year.

Osisko Gold Royalties Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, April 15th. Shareholders of record on Monday, April 15th were given a $0.06 dividend. The ex-dividend date of this dividend was Wednesday, March 27th. This represents a $0.24 annualized dividend and a yield of 1.11%. Osisko Gold Royalties’s dividend payout ratio is presently -92.31%.

Insider Buying and Selling at Osisko Gold Royalties

In other news, Senior Officer Iain Wesley Farmer sold 19,600 shares of the stock in a transaction dated Monday, March 11th. The stock was sold at an average price of C$22.08, for a total value of C$432,864.04. In other news, Senior Officer Iain Wesley Farmer sold 19,600 shares of the stock in a transaction dated Monday, March 11th. The stock was sold at an average price of C$22.08, for a total value of C$432,864.04. Also, Director David Smith bought 10,000 shares of the firm’s stock in a transaction that occurred on Monday, February 26th. The shares were acquired at an average cost of C$18.98 per share, with a total value of C$189,800.00. Over the last three months, insiders sold 53,184 shares of company stock worth $1,158,088. 0.57% of the stock is currently owned by insiders.

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.