Q3 2024 Earnings Estimate for Osisko Gold Royalties Ltd (TSE:OR) Issued By Raymond James

Osisko Gold Royalties Ltd (TSE:OR) – Equities research analysts at Raymond James boosted their Q3 2024 earnings estimates for Osisko Gold Royalties in a research report issued on Tuesday, April 23rd. Raymond James analyst B. Macarthur now anticipates that the company will post earnings per share of $0.19 for the quarter, up from their previous estimate of $0.15. The consensus estimate for Osisko Gold Royalties’ current full-year earnings is $0.55 per share.

Several other equities research analysts have also commented on the stock. Canaccord Genuity Group boosted their target price on shares of Osisko Gold Royalties from C$28.00 to C$30.00 in a research report on Tuesday. TD Securities decreased their price objective on shares of Osisko Gold Royalties from C$25.00 to C$23.00 and set a “buy” rating on the stock in a research report on Friday, February 23rd. CIBC boosted their price objective on shares of Osisko Gold Royalties from C$28.50 to C$33.00 in a research report on Monday, April 15th. Stifel Nicolaus boosted their price objective on shares of Osisko Gold Royalties from C$27.00 to C$28.00 and gave the stock a “buy” rating in a research report on Friday, April 19th. Finally, National Bankshares decreased their price objective on shares of Osisko Gold Royalties from C$25.00 to C$23.00 and set an “outperform” rating on the stock in a research report on Thursday, February 22nd. One analyst has rated the stock with a hold rating and six have issued a buy rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of C$26.56.

Osisko Gold Royalties Price Performance

Shares of TSE OR opened at C$21.93 on Thursday. The firm has a market capitalization of C$4.07 billion, a P/E ratio of -84.35, a PEG ratio of 1.31 and a beta of 0.79. Osisko Gold Royalties has a one year low of C$15.42 and a one year high of C$24.42. The company’s fifty day moving average is C$21.26 and its two-hundred day moving average is C$19.47. The company has a debt-to-equity ratio of 12.11, a quick ratio of 0.98 and a current ratio of 4.11.

Osisko Gold Royalties (TSE:OR) last posted its quarterly earnings data on Tuesday, February 20th. The company reported C$0.16 EPS for the quarter, beating the consensus estimate of C$0.15 by C$0.01. The business had revenue of C$65.16 million during the quarter. Osisko Gold Royalties had a negative net margin of 19.55% and a negative return on equity of 2.85%.

Insider Buying and Selling

In related news, Senior Officer Guy Desharnais sold 7,484 shares of the stock in a transaction that occurred on Wednesday, March 20th. The shares were sold at an average price of C$21.10, for a total transaction of C$157,912.40. In other Osisko Gold Royalties news, Senior Officer Guy Desharnais sold 7,484 shares of the company’s stock in a transaction that occurred on Wednesday, March 20th. The stock was sold at an average price of C$21.10, for a total value of C$157,912.40. Also, Senior Officer Frédéric Ruel sold 16,100 shares of the company’s stock in a transaction that occurred on Wednesday, March 13th. The stock was sold at an average price of C$21.92, for a total value of C$352,912.00. In the last quarter, insiders sold 53,184 shares of company stock valued at $1,158,088. 0.57% of the stock is currently owned by corporate insiders.

Osisko Gold Royalties Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, April 15th. Investors of record on Monday, April 15th were given a dividend of $0.06 per share. This represents a $0.24 dividend on an annualized basis and a yield of 1.09%. The ex-dividend date of this dividend was Wednesday, March 27th. Osisko Gold Royalties’s dividend payout ratio (DPR) is presently -92.31%.

Osisko Gold Royalties Company Profile

Osisko Gold Royalties Ltd acquires and manages precious metal and other royalties, streams, and other interests in Canada and internationally. It also owns options on offtake; royalty/stream financings; and exclusive rights to participate in future royalty/stream financings on various projects. The company's primary asset is a 3-5% net smelter return royalty on the Canadian Malartic complex located in Canada.