Insider Selling: Osisko Gold Royalties Ltd (TSE:OR) Director Sells 12,000 Shares of Stock

Osisko Gold Royalties Ltd (TSE:OR) Director Paul Douglas Martin sold 12,000 shares of Osisko Gold Royalties stock in a transaction that occurred on Thursday, February 27th. The shares were sold at an average price of C$25.67, for a total transaction of C$308,040.00.

Osisko Gold Royalties Stock Performance

Shares of TSE:OR opened at C$26.07 on Tuesday. The company has a market capitalization of C$4.87 billion, a price-to-earnings ratio of -88.57, a P/E/G ratio of 1.31 and a beta of 0.90. The firm’s 50 day simple moving average is C$27.06 and its 200 day simple moving average is C$26.19. The company has a debt-to-equity ratio of 5.29, a current ratio of 4.40 and a quick ratio of 0.98. Osisko Gold Royalties Ltd has a fifty-two week low of C$20.54 and a fifty-two week high of C$29.59.

Osisko Gold Royalties Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Tuesday, April 15th. Shareholders of record on Monday, March 31st will be issued a dividend of $0.065 per share. This represents a $0.26 annualized dividend and a yield of 1.00%. Osisko Gold Royalties’s dividend payout ratio (DPR) is currently -88.33%.

Wall Street Analysts Forecast Growth

Several equities research analysts have issued reports on OR shares. BMO Capital Markets boosted their price target on shares of Osisko Gold Royalties from C$27.00 to C$28.00 in a report on Thursday, November 7th. National Bankshares decreased their price objective on shares of Osisko Gold Royalties from C$35.00 to C$34.00 and set an “outperform” rating on the stock in a report on Tuesday, February 11th. CIBC raised their target price on shares of Osisko Gold Royalties from C$36.00 to C$39.00 in a research note on Monday, December 2nd. Finally, TD Securities reduced their target price on shares of Osisko Gold Royalties from C$31.00 to C$30.00 and set a “hold” rating on the stock in a research note 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.