Osisko Gold Royalties (TSE:OR) Given New C$35.00 Price Target at National Bankshares

Osisko Gold Royalties (TSE:OR) had its price objective upped by National Bankshares from C$33.50 to C$35.00 in a research note published on Thursday morning,BayStreet.CA reports. National Bankshares currently has an outperform rating on the stock.

A number of other equities analysts have also recently weighed in on OR. BMO Capital Markets lifted their price target on Osisko Gold Royalties from C$27.00 to C$28.00 in a research note on Thursday, November 7th. Stifel Nicolaus lifted their target price on shares of Osisko Gold Royalties from C$29.00 to C$31.00 in a research report on Monday, October 21st. TD Securities downgraded shares of Osisko Gold Royalties from a “buy” rating to a “hold” rating in a research report on Monday, November 11th. Finally, CIBC lifted their price objective on shares of Osisko Gold Royalties from C$36.00 to C$39.00 in a research report on Monday, December 2nd. One research analyst has rated the stock with a hold rating and five have issued a buy rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of C$31.13.

Osisko Gold Royalties Trading Up 3.2 %

Shares of OR stock opened at C$27.62 on Thursday. The stock has a 50-day simple moving average of C$27.14 and a 200 day simple moving average of C$25.05. The stock has a market capitalization of C$5.14 billion, a P/E ratio of -55.24, a P/E/G ratio of 1.31 and a beta of 0.90. Osisko Gold Royalties has a fifty-two week low of C$17.41 and a fifty-two week high of C$29.57. The company has a quick ratio of 0.98, a current ratio of 4.92 and a debt-to-equity ratio of 7.00.

Osisko Gold Royalties Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, January 15th. Stockholders of record on Tuesday, December 31st will be paid a $0.065 dividend. This represents a $0.26 dividend on an annualized basis and a dividend yield of 0.94%. The ex-dividend date of this dividend is Tuesday, December 31st. Osisko Gold Royalties’s dividend payout ratio (DPR) is presently -52.00%.

Insider Buying and Selling at Osisko Gold Royalties

In related news, Director Duncan Cornell Card sold 10,000 shares of Osisko Gold Royalties stock in a transaction on Tuesday, October 15th. The shares were sold at an average price of C$27.03, for a total value of C$270,331.00. Corporate insiders own 0.38% of the company’s stock.

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.