Guy Desharnais Sells 5,000 Shares of Osisko Gold Royalties Ltd (TSE:OR) Stock

Osisko Gold Royalties Ltd (TSE:OR) Senior Officer Guy Desharnais sold 5,000 shares of the firm’s stock in a transaction that occurred on Wednesday, February 26th. The shares were sold at an average price of C$26.40, for a total transaction of C$132,006.00.

Osisko Gold Royalties Stock Performance

Shares of TSE OR opened at C$25.90 on Friday. Osisko Gold Royalties Ltd has a 1 year low of C$18.56 and a 1 year high of C$29.59. The firm has a market cap of C$4.84 billion, a P/E ratio of -87.99, a PEG ratio of 1.31 and a beta of 0.90. The stock has a fifty day moving average price of C$27.06 and a two-hundred day moving average price of C$26.13. The company has a debt-to-equity ratio of 5.29, a quick ratio of 0.98 and a current ratio of 4.40.

Osisko Gold Royalties Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, April 15th. Investors of record on Monday, March 31st will be paid 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 is currently -88.33%.

Wall Street Analyst Weigh In

OR has been the subject of a number of recent analyst reports. 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. BMO Capital Markets increased their price target on Osisko Gold Royalties from C$27.00 to C$28.00 in a research note on Thursday, November 7th. CIBC raised their price target on Osisko Gold Royalties from C$36.00 to C$39.00 in a report on Monday, December 2nd. Finally, TD Securities reduced their price objective on shares of Osisko Gold Royalties from C$31.00 to C$30.00 and set a “hold” rating for the company in a report on Tuesday.

Osisko Gold Royalties Company Profile

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.