Osisko gold royalties Ltd (TSE:OR) hit a new 52-week low on Tuesday . The stock traded as low as C$13.59 and last traded at C$13.98, with a volume of 215834 shares changing hands. The stock had previously closed at C$14.21.
OR has been the subject of several analyst reports. Eight Capital restated a “neutral” rating on shares of Osisko gold royalties in a report on Thursday, November 16th. Scotiabank dropped their target price on Osisko gold royalties from C$21.00 to C$20.00 and set an “outperform” rating for the company in a report on Monday, November 6th. CIBC dropped their target price on Osisko gold royalties from C$19.00 to C$17.00 in a report on Thursday, December 14th. National Bank Financial restated an “outperform market weight” rating on shares of Osisko gold royalties in a report on Wednesday, November 8th. Finally, Canaccord Genuity increased their target price on Osisko gold royalties from C$21.50 to C$22.00 in a report on Monday, November 13th. Two research analysts have rated the stock with a hold rating and six have issued a buy rating to the company’s stock. The company has a consensus rating of “Buy” and an average target price of C$19.14.
The stock has a market capitalization of $2,200.00, a PE ratio of 51.78 and a beta of -0.21.
The firm also recently declared a quarterly dividend, which will be paid on Monday, January 15th. Shareholders of record on Friday, December 29th will be given a dividend of $0.05 per share. This represents a $0.20 dividend on an annualized basis and a yield of 1.43%. The ex-dividend date is Thursday, December 28th. Osisko gold royalties’s payout ratio is 62.96%.
About Osisko gold royalties
Osisko Gold Royalties Ltd (Osisko) is a Canada-based company engaged in the business of acquiring and managing precious metal and other interests in Canada and across the world. The Company’s assets include the Canadian Malartic mine, located in Malartic, Quebec and Eleonore mine, located in the James Bay area in Quebec.
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