Insider Selling: Osisko Gold Royalties Ltd (TSE:OR) Director Sells C$308,040.00 in Stock

Osisko Gold Royalties Ltd (TSE:OR) Director Paul Douglas Martin sold 12,000 shares of the company’s stock in a transaction dated 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 Up 1.4 %

OR stock opened at C$27.06 on Thursday. Osisko Gold Royalties Ltd has a fifty-two week low of C$20.67 and a fifty-two week high of C$29.59. The company has a market capitalization of C$5.05 billion, a price-to-earnings ratio of -91.93, a price-to-earnings-growth ratio of 1.31 and a beta of 0.90. The business’s 50 day moving average price is C$27.08 and its two-hundred day moving average price is C$26.22. 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 declared a quarterly dividend, which will be paid on Tuesday, April 15th. Investors of record on Monday, March 31st will be paid a $0.065 dividend. This represents a $0.26 annualized dividend and a yield of 0.96%. Osisko Gold Royalties’s payout ratio is -88.33%.

Analyst Upgrades and Downgrades

A number of brokerages recently issued reports on OR. TD Securities reduced their price target on Osisko Gold Royalties from C$31.00 to C$30.00 and set a “hold” rating on the stock in a report on Tuesday, February 25th. National Bankshares reduced their target price on Osisko Gold Royalties from C$35.00 to C$34.00 and set an “outperform” rating on the stock in a research note on Tuesday, February 11th. CIBC upped their target price on Osisko Gold Royalties from C$36.00 to C$39.00 in a report on Monday, December 2nd. Finally, BMO Capital Markets lifted their price target on shares of Osisko Gold Royalties from C$27.00 to C$28.00 in a report on Thursday, November 7th.

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.