Osisko Gold Royalties Ltd (TSE:OR) Director Michael David Saynor Spencer Sells 4,992 Shares

Osisko Gold Royalties Ltd (TSE:OR) Director Michael David Saynor Spencer sold 4,992 shares of the company’s stock in a transaction that occurred on Thursday, April 17th. The shares were sold at an average price of C$32.79, for a total value of C$163,687.68.

Michael David Saynor Spencer also recently made the following trade(s):

• On Wednesday, March 5th, Michael David Saynor Spencer sold 5,966 shares of Osisko Gold Royalties stock. The stock was sold at an average price of C$27.20, for a total value of C$162,275.20.

Osisko Gold Royalties Price Performance

TSE OR opened at C$32.31 on Friday. The company has a 50-day moving average price of C$28.52 and a 200-day moving average price of C$27.51. Osisko Gold Royalties Ltd has a 52 week low of C$20.67 and a 52 week high of C$33.47. The company has a quick ratio of 0.98, a current ratio of 4.40 and a debt-to-equity ratio of 5.29. The firm has a market capitalization of C$6.03 billion, a P/E ratio of -109.77, a PEG ratio of 1.31 and a beta of 0.90.

Osisko Gold Royalties Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, April 15th. Shareholders of record on Monday, March 31st were given a $0.065 dividend. This represents a $0.26 annualized dividend and a yield of 0.80%. Osisko Gold Royalties’s payout ratio is presently -88.33%.

Analysts Set New Price Targets

OR has been the subject of several research analyst reports. TD Securities lifted their price objective on Osisko Gold Royalties from C$30.00 to C$35.00 in a report on Tuesday. National Bankshares lifted their price target on shares of Osisko Gold Royalties from C$34.00 to C$35.50 and gave the stock an “outperform” rating in a research note on Wednesday, April 2nd. Finally, Scotiabank upgraded shares of Osisko Gold Royalties from a “hold” rating to a “strong-buy” rating in a research report on Monday. One research analyst has rated the stock with a hold rating, three have given a buy rating and one has given a strong buy rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Buy” and an average price target of C$31.69.

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.