Mon Sep 23 21:58:50 UTC 2024: ## Osisko Gold Royalties Senior Officer Sells Shares Amidst Positive Analyst Sentiment
**Toronto, Canada -** Osisko Gold Royalties Ltd (TSE:OR) saw a recent insider transaction as André Le Bel, a Senior Officer of the company, sold 10,000 shares on September 20th for a total value of C$248,000. This transaction occurred at an average price of C$24.80 per share.
Despite the insider sale, Osisko Gold Royalties continues to receive positive analyst sentiment. Recent reports from CIBC, TD Securities, Scotiabank, Jefferies Financial Group, and National Bankshares have all raised their price targets on the company’s stock.
The stock is currently rated “Moderate Buy” by MarketBeat.com, with an average price target of C$28.50.
Osisko Gold Royalties specializes in acquiring and managing precious metal royalties and streams, primarily focused on the Canadian Malartic complex. The company reported strong earnings in August, surpassing analyst expectations and demonstrating its commitment to maximizing shareholder value.
While the insider sale may raise some eyebrows, the overall positive analyst sentiment and strong financial performance suggest continued optimism about the company’s future. Investors will be keeping a close eye on Osisko Gold Royalties’ performance in the coming months to see if it can live up to the expectations set by analysts.
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