Osisko gold royalties Ltd (TSE:OR) Senior Officer Bryan A. Coates sold 65,000 shares of the business’s stock in a transaction on Friday, August 9th. The stock was sold at an average price of C$16.82, for a total value of C$1,093,534.00. Following the sale, the insider now owns 150,375 shares in the company, valued at approximately C$2,529,848.85.
Bryan A. Coates also recently made the following trade(s):
- On Wednesday, August 7th, Bryan A. Coates sold 25,000 shares of Osisko gold royalties stock. The stock was sold at an average price of C$16.70, for a total value of C$417,500.00.
Shares of OR stock opened at C$16.31 on Friday. The firm has a market capitalization of $2.33 billion and a P/E ratio of -17.94. Osisko gold royalties Ltd has a twelve month low of C$9.27 and a twelve month high of C$17.17. The company has a quick ratio of 1.20, a current ratio of 1.96 and a debt-to-equity ratio of 21.93. The stock’s fifty day simple moving average is C$15.01 and its 200 day simple moving average is C$14.51.
The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, October 15th. Investors of record on Monday, September 30th will be given a dividend of $0.05 per share. The ex-dividend date is Friday, September 27th. This represents a $0.20 dividend on an annualized basis and a yield of 1.23%. Osisko gold royalties’s dividend payout ratio is currently -22.00%.
A number of equities research analysts recently weighed in on OR shares. CIBC boosted their price objective on Osisko gold royalties from C$18.00 to C$18.50 in a research report on Monday, July 15th. TD Securities boosted their price objective on Osisko gold royalties from C$16.00 to C$16.50 and gave the stock a “hold” rating in a research report on Friday, July 12th. Raymond James restated an “outperform” rating and set a C$17.50 price objective on shares of Osisko gold royalties in a research report on Friday, August 2nd. National Bank Financial restated a “sector perform” rating and set a C$17.00 price objective on shares of Osisko gold royalties in a research report on Friday, July 12th. Finally, Eight Capital boosted their price objective on Osisko gold royalties from C$13.25 to C$18.50 in a research report on Thursday, August 8th. Three equities research analysts have rated the stock with a hold rating and two have issued a buy rating to the company’s stock. The company has an average rating of “Hold” and a consensus target price of C$17.64.
About Osisko gold royalties
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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