Osisko Gold Royalties Ltd (TSE:OR) Director Michael David Saynor Spencer Sells 5,966 Shares of Stock

Osisko Gold Royalties Ltd (TSE:OR) Director Michael David Saynor Spencer sold 5,966 shares of Osisko Gold Royalties stock in a transaction on Wednesday, March 5th. The stock was sold at an average price of C$27.20, for a total transaction of C$162,275.20.

Osisko Gold Royalties Stock Performance

Shares of Osisko Gold Royalties stock opened at C$26.32 on Friday. The company has a market capitalization of C$4.92 billion, a PE ratio of -89.42, a P/E/G ratio of 1.31 and a beta of 0.90. The company has a debt-to-equity ratio of 5.29, a quick ratio of 0.98 and a current ratio of 4.40. The company has a 50-day simple moving average of C$27.08 and a two-hundred day simple moving average of C$26.24. Osisko Gold Royalties Ltd has a one year low of C$20.67 and a one year high of C$29.59.

Osisko Gold Royalties Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, April 15th. Stockholders of record on Monday, March 31st will be paid a dividend of $0.065 per share. This represents a $0.26 dividend on an annualized basis and a dividend yield of 0.99%. Osisko Gold Royalties’s payout ratio is -88.33%.

Analyst Ratings Changes

OR has been the subject of several research analyst reports. CIBC lifted their target price on Osisko Gold Royalties from C$36.00 to C$39.00 in a research report on Monday, December 2nd. National Bankshares decreased their price objective on Osisko Gold Royalties from C$35.00 to C$34.00 and set an “outperform” rating for the company in a report on Tuesday, February 11th. Finally, TD Securities decreased their price objective on Osisko Gold Royalties from C$31.00 to C$30.00 and set a “hold” rating for the company in a report on Tuesday, February 25th.

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.