Insider Selling: Osisko gold royalties Ltd (TSE:OR) Director Sells C$1,597,483.02 in Stock

Osisko gold royalties Ltd (TSE:OR) Director Sean Roosen sold 95,900 shares of the stock in a transaction dated Thursday, August 8th. The shares were sold at an average price of C$16.66, for a total value of C$1,597,483.02. Following the completion of the sale, the director now directly owns 444,469 shares in the company, valued at approximately C$7,403,875.71.

Sean Roosen also recently made the following trade(s):

  • On Tuesday, August 6th, Sean Roosen sold 54,700 shares of Osisko gold royalties stock. The shares were sold at an average price of C$16.41, for a total value of C$897,627.00.

Shares of TSE OR opened at C$16.31 on Friday. The company has a debt-to-equity ratio of 21.93, a quick ratio of 1.20 and a current ratio of 1.96. Osisko gold royalties Ltd has a fifty-two week low of C$9.27 and a fifty-two week high of C$17.17. The firm has a market capitalization of $2.33 billion and a PE ratio of -17.94. The stock’s 50-day simple moving average is C$15.01 and its 200-day simple moving average is C$14.51.

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, October 15th. Stockholders of record on Monday, September 30th will be given a dividend of $0.05 per share. This represents a $0.20 annualized dividend and a dividend yield of 1.23%. The ex-dividend date of this dividend is Friday, September 27th. Osisko gold royalties’s dividend payout ratio (DPR) is presently -22.00%.

A number of equities research analysts have issued reports on OR shares. CIBC increased their price target on Osisko gold royalties from C$18.00 to C$18.50 in a research report on Monday, July 15th. Eight Capital increased their price target on Osisko gold royalties from C$13.25 to C$18.50 in a research report on Thursday, August 8th. National Bank Financial reaffirmed a “sector perform” rating and issued a C$17.00 price target on shares of Osisko gold royalties in a research report on Friday, July 12th. Canaccord Genuity increased their price target on Osisko gold royalties from C$18.00 to C$18.50 in a research report on Friday, July 19th. Finally, TD Securities increased their price target on Osisko gold royalties from C$16.00 to C$16.50 and gave the company a “hold” rating in a research report on Friday, July 12th. Three analysts have rated the stock with a hold rating and two have issued a buy rating to the company’s stock. The company has a consensus rating of “Hold” and a consensus price target of C$17.64.

Osisko gold royalties Company Profile

Osisko Gold Royalties Ltd acquires and manages precious metal and other royalties, streams, and similar interests in Canada and internationally. Its assets include the 5% net smelter return (NSR) royalty on the Canadian Malartic mine; the 2.0% to 3.5% NSR royalty on the Eleonore mine; a 9.6% diamond stream on the Renard diamond mine; a 4% gold and silver stream on the Brucejack gold; a 3% NSR royalty on the Seabee gold operations located in Saskatchewan, Canada; and the 1.38% to 2.55% NSR royalty on the Island Gold mine.

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