Osisko Gold Royalties (OR) Stock Forecast, Price & News

Osisko Gold Royalties Ltd acquires and manages precious metal and other royalties, streams, and offtake and other interests in Canada and internationally. It also owns options on royalty/stream financings; and exclusive rights to participate in future royalty/stream financings on various projects. The company's primary asset is a 5% net smelter return royalty on the Canadian Malartic mine located in Canada. It is also involved in the exploration, evaluation, and development of mining projects. It primarily explores for precious metals, including gold, silver, diamond, and others. The company is headquartered in Montreal, Canada.

Analyst Upgrades and Downgrades

Several equities analysts recently issued reports on OR shares. Canaccord Genuity Group upped their target price on Osisko Gold Royalties from C$25.00 to C$26.00 in a research report on Friday, April 22nd. Raymond James cut their price target on Osisko Gold Royalties from C$22.75 to C$20.00 and set an "outperform" rating on the stock in a research report on Tuesday, July 19th. Eight Capital increased their price target on Osisko Gold Royalties from C$24.00 to C$25.00 and gave the stock a "buy" rating in a research report on Thursday, April 21st. BMO Capital Markets increased their price target on Osisko Gold Royalties from C$17.00 to C$22.00 in a research report on Monday, July 18th. Finally, National Bankshares cut their price target on Osisko Gold Royalties from C$22.00 to C$20.00 and set an "outperform" rating on the stock in a research report on Thursday, July 21st. Seven analysts have rated the stock with a buy rating, According to MarketBeat.com, Osisko Gold Royalties presently has an average rating of "Buy" and a consensus price target of C$22.70.

Osisko Gold Royalties Price Performance

OR Stock traded down C$0.03 during mid-day trading on Friday, reaching C$13.33. The company's stock had a trading volume of 263,982 shares, compared to its average volume of 453,091. The stock has a market cap of C$2.46 billion and a PE ratio of -66.32. The company has a current ratio of 1.25, a quick ratio of 0.83 and a debt-to-equity ratio of 19.86. Osisko Gold Royalties has a fifty-two week low of C$11.90 and a fifty-two week high of C$18.59. The company's 50 day moving average is C$13.60 and its two-hundred day moving average is C$15.11.

Osisko Gold Royalties (TSE:OR - Get Rating) last posted its earnings results on Thursday, May 12th. The company reported C$0.01 earnings per share for the quarter, missing the consensus estimate of C$0.11 by C($0.10). The company had revenue of C$59.40 million for the quarter. Equities research analysts expect that Osisko Gold Royalties will post 0.56 EPS for the current year.

Osisko Gold Royalties Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, July 15th. Investors of record on Thursday, June 30th were given a $0.055 dividend. The ex-dividend date was Wednesday, June 29th. This represents a $0.22 dividend on an annualized basis and a yield of 1.65%. Osisko Gold Royalties's dividend payout ratio (DPR) is presently -106.97%.

Insider Buying and Selling at Osisko Gold Royalties

In other news, Director Charles Elijah Page sold 28,300 shares of the business's stock in a transaction dated Tuesday, June 21st. The shares were sold at an average price of C$14.57, for a total transaction of C$412,331.00. Following the transaction, the director now directly owns 26,915 shares in the company, valued at C$392,151.55.