Osisko gold royalties Ltd (TSE:OR) Senior Officer Bryan A. Coates sold 65,000 shares of Osisko gold royalties stock in a transaction that occurred 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 completion of the sale, the insider now owns 150,375 shares of the company’s stock, valued at 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.

Osisko gold royalties stock traded down C$0.24 during mid-day trading on Tuesday, reaching C$16.46. The stock had a trading volume of 471,498 shares, compared to its average volume of 454,957. The company has a debt-to-equity ratio of 21.93, a current ratio of 1.96 and a quick ratio of 1.20. 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 company has a 50-day simple moving average of C$14.90. The stock has a market cap of $2.38 billion and a price-to-earnings ratio of -18.11.

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, October 15th. Shareholders of record on Monday, September 30th will be paid a $0.05 dividend. The ex-dividend date is Friday, September 27th. This represents a $0.20 dividend on an annualized basis and a yield of 1.22%. Osisko gold royalties’s dividend payout ratio (DPR) is presently -22.00%.

OR has been the subject of a number of research analyst reports. Raymond James reiterated an “outperform” rating and issued a C$17.50 target price on shares of Osisko gold royalties in a report on Friday, August 2nd. Canaccord Genuity lifted their target price on Osisko gold royalties from C$18.00 to C$18.50 in a report on Friday, July 19th. TD Securities lifted their target price on Osisko gold royalties from C$16.00 to C$16.50 and gave the stock a “hold” rating in a report on Friday, July 12th. National Bank Financial reiterated a “sector perform” rating and issued a C$17.00 target price on shares of Osisko gold royalties in a report on Friday, July 12th. Finally, CIBC raised their price objective on Osisko gold royalties from C$18.00 to C$18.50 in a research note on Monday, July 15th. Three research analysts have rated the stock with a hold rating and two have given a buy rating to the stock. Osisko gold royalties currently has an average rating of “Hold” and a consensus price target 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.

Further Reading: Stock Ratings and Recommendations: Understanding Analyst Upgrades and Downgrades

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