Osisko Gold Royalties (TSE:OR) Price Target Cut to C$30.00 by Analysts at TD Securities

Osisko Gold Royalties (TSE:OR) had its target price lowered by TD Securities from C$31.00 to C$30.00 in a research note published on Tuesday morning,BayStreet.CA reports. TD Securities currently has a hold rating on the stock.

A number of other equities research analysts have also recently commented on OR. BMO Capital Markets lifted their price objective on Osisko Gold Royalties from C$27.00 to C$28.00 in a research note on Thursday, November 7th. CIBC boosted their target price on Osisko Gold Royalties from C$36.00 to C$39.00 in a research report on Monday, December 2nd. Finally, National Bankshares lowered their price target on Osisko Gold Royalties from C$35.00 to C$34.00 and set an “outperform” rating for the company in a research note on Tuesday, February 11th.

Osisko Gold Royalties Trading Down 0.8 %

Shares of OR opened at C$26.26 on Tuesday. The stock’s fifty day simple moving average is C$27.07 and its 200-day simple moving average is C$26.13. The firm has a market capitalization of C$4.90 billion, a PE ratio of -89.21, a price-to-earnings-growth ratio of 1.31 and a beta of 0.90. Osisko Gold Royalties has a 12-month low of C$18.56 and a 12-month high of C$29.59. The company has a quick ratio of 0.98, a current ratio of 4.40 and a debt-to-equity ratio of 5.29.

Osisko Gold Royalties Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Tuesday, April 15th. Stockholders of record on Monday, March 31st will be paid a dividend of $0.065 per share. This represents a $0.26 dividend on an annualized basis and a dividend yield of 0.99%. Osisko Gold Royalties’s dividend payout ratio is presently -88.33%.

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.