Osisko Gold Royalties (TSE:OR) Downgraded by TD Securities to Hold

TD Securities downgraded shares of Osisko Gold Royalties (TSE:OR) from a buy rating to a hold rating in a research report sent to investors on Monday morning, Marketbeat reports.

Other equities analysts have also recently issued research reports about the company. Stifel Nicolaus upped their price target on Osisko Gold Royalties from C$29.00 to C$31.00 in a report on Monday, October 21st. Scotiabank upped their price target on Osisko Gold Royalties from C$25.00 to C$27.00 in a report on Monday, August 19th. BMO Capital Markets increased their target price on Osisko Gold Royalties from C$27.00 to C$28.00 in a research note on Thursday, November 7th. Canaccord Genuity Group increased their target price on Osisko Gold Royalties from C$30.00 to C$31.00 in a research note on Tuesday, July 23rd. Finally, National Bankshares increased their target price on Osisko Gold Royalties from C$26.00 to C$28.00 and gave the company an “outperform” rating in a research note on Wednesday, July 17th. Two research analysts have rated the stock with a hold rating and six have given a buy rating to the company’s stock. According to data from MarketBeat.com, Osisko Gold Royalties presently has a consensus rating of “Moderate Buy” and a consensus price target of C$29.63.

Osisko Gold Royalties Stock Down 0.3 %

TSE OR opened at C$25.81 on Monday. The stock has a market cap of C$4.81 billion, a PE ratio of -51.68, 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$16.32 and a fifty-two week high of C$29.57. The business has a 50 day moving average price of C$25.79 and a two-hundred day moving average price of C$23.75. 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 company also recently disclosed a quarterly dividend, which will be paid on Wednesday, January 15th. Investors of record on Tuesday, December 31st will be paid a dividend of $0.065 per share. This represents a $0.26 annualized dividend and a yield of 1.01%. 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

In other Osisko Gold Royalties news, Director Duncan Cornell Card sold 10,000 shares of the stock in a transaction on Tuesday, October 15th. The stock was sold at an average price of C$27.03, for a total value of C$270,331.00. 0.38% of the stock is currently owned by company insiders.

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.