PrairieSky Royalty (TSE:PSK) Stock Price Breaks Above 50 Day Moving Average – Here’s Why

13 Nov 2026, 02:21 by Mitch Edgeman · The Markets Daily

PrairieSky Royalty Ltd. (TSE:PSK – Get Free Report) crossed above its 50-day moving average during trading on Tuesday. The stock has a 50-day moving average of C$35.24 and traded as high as C$35.64. PrairieSky Royalty shares last traded at C$35.42, with a volume of 472,362 shares traded.

Analysts Set New Price Targets

Several equities analysts have recently commented on the company. Scotia increased their target price on PrairieSky Royalty from C$36.00 to C$37.00 and gave the company a “sector perform” rating in a research note on Tuesday, October 27th. Royal Bank Of Canada raised their price target on shares of PrairieSky Royalty from C$39.00 to C$42.00 and gave the stock an “outperform” rating in a research report on Wednesday, October 28th. BMO Capital Markets lifted their price target on shares of PrairieSky Royalty from C$39.00 to C$40.00 and gave the stock an “outperform” rating in a research note on Tuesday, October 27th. Raymond James Financial upped their price target on shares of PrairieSky Royalty from C$39.00 to C$42.00 and gave the company a “market perform” rating in a report on Wednesday, October 28th. Finally, National Bank Financial increased their price objective on shares of PrairieSky Royalty from C$42.00 to C$43.00 and gave the company an “outperform” rating in a research note on Tuesday, October 20th. One equities research analyst has rated the stock with a Strong Buy rating, four have given a Buy rating and three have assigned a Hold rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of C$38.29.

View Our Latest Stock Analysis on PrairieSky Royalty

PrairieSky Royalty Price Performance

The company has a quick ratio of 0.65, a current ratio of 0.75 and a debt-to-equity ratio of 3.55. The company has a market capitalization of C$8.30 billion, a P/E ratio of 29.76, a PEG ratio of 0.47 and a beta of 0.87. The business has a 50 day simple moving average of C$35.19 and a 200-day simple moving average of C$33.46.

PrairieSky Royalty (TSE:PSK – Get Free Report) last posted its earnings results on Monday, October 26th. The company reported C$0.36 EPS for the quarter. The firm had revenue of C$165.00 million for the quarter. PrairieSky Royalty had a return on equity of 10.96% and a net margin of 47.60%.

PrairieSky Royalty Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Thursday, October 15th. Stockholders of record on Thursday, October 15th were paid a $0.2650 dividend. This represents a $1.06 dividend on an annualized basis and a dividend yield of 3.0%. The ex-dividend date of this dividend was Tuesday, September 29th. PrairieSky Royalty’s payout ratio is currently 87.92%.

Insider Activity

In other PrairieSky Royalty news, Director Margaret Anne Mckenzie purchased 6,000 shares of the business’s stock in a transaction on Thursday, November 5th. The stock was bought at an average cost of C$34.99 per share, with a total value of C$209,940.00. Following the acquisition, the director owned 79,400 shares of the company’s stock, valued at C$2,778,206. The trade was a 8.17% increase in their ownership of the stock. Also, insider Andrew Phillips bought 6,300 shares of the business’s stock in a transaction that occurred on Wednesday, November 4th. The shares were acquired at an average cost of C$34.80 per share, with a total value of C$219,240.00. Following the completion of the purchase, the insider owned 919,602 shares of the company’s stock, valued at approximately C$32,002,149.60. The trade was a 0.69% increase in their ownership of the stock. Insiders bought a total of 14,300 shares of company stock worth $498,300 over the last 90 days. 0.54% of the stock is currently owned by company insiders.

About PrairieSky Royalty

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