Insider Selling: Osisko gold royalties Ltd (TSE:OR) Senior Officer Sells 12,500 Shares of Stock

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Osisko gold royalties Ltd (TSE:OR) Senior Officer Bryan A. Coates sold 12,500 shares of the stock in a transaction that occurred on Friday, August 23rd. The stock was sold at an average price of C$16.73, for a total value of C$209,125.00. Following the transaction, the insider now owns 150,375 shares in the company, valued at approximately C$2,515,773.75.

Bryan A. Coates also recently made the following trade(s):

  • On Tuesday, August 20th, Bryan A. Coates sold 12,500 shares of Osisko gold royalties stock. The stock was sold at an average price of C$16.39, for a total value of C$204,812.50.
  • On Monday, August 12th, Bryan A. Coates sold 25,000 shares of Osisko gold royalties stock. The stock was sold at an average price of C$16.90, for a total value of C$422,500.00.
  • On Friday, August 9th, Bryan A. Coates sold 65,000 shares of Osisko gold royalties stock. The stock was sold at an average price of C$16.82, for a total value of C$1,093,534.00.
  • 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 up C$0.60 during mid-day trading on Friday, reaching C$16.97. 650,200 shares of the company were exchanged, compared to its average volume of 454,920. The company has a fifty day simple moving average of C$15.46 and a 200-day simple moving average of C$14.61. Osisko gold royalties Ltd has a 12 month low of C$9.27 and a 12 month high of C$17.17. The company has a debt-to-equity ratio of 21.93, a current ratio of 1.96 and a quick ratio of 1.20. The firm has a market cap of $2.37 billion and a PE ratio of -18.67.

The business 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 dividend of $0.05 per share. The ex-dividend date of this dividend is Friday, September 27th. This represents a $0.20 dividend on an annualized basis and a yield of 1.18%. Osisko gold royalties’s dividend payout ratio (DPR) is presently -22.00%.

A number of equities analysts have recently weighed in on OR shares. Canaccord Genuity increased their target price on Osisko gold royalties from C$18.00 to C$18.50 in a research note on Friday, July 19th. CIBC increased their target price on Osisko gold royalties from C$18.00 to C$18.50 in a research note on Monday, July 15th. Eight Capital increased their target price on Osisko gold royalties from C$13.25 to C$18.50 in a research note on Thursday, August 8th. National Bank Financial reiterated a “sector perform” rating and set a C$17.00 target price on shares of Osisko gold royalties in a research note on Friday, July 12th. Finally, TD Securities increased their target price on Osisko gold royalties from C$16.00 to C$16.50 and gave the stock a “hold” rating in a research note on Friday, July 12th. Three research analysts have rated the stock with a hold rating and two have given a buy rating to the company’s stock. The stock presently 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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Insider Buying and Selling by Quarter for Osisko gold royalties (TSE:OR)

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