Osisko Gold Royalties Ltd (NYSE:OR – Free Report) – Equities researchers at Scotiabank boosted their FY2025 earnings estimates for shares of Osisko Gold Royalties in a research note issued to investors on Wednesday, January 8th. Scotiabank analyst T. Jakusconek now anticipates that the basic materials company will post earnings per share of $0.53 for the year, up from their previous forecast of $0.47. The consensus estimate for Osisko Gold Royalties’ current full-year earnings is $0.48 per share.
A number of other equities research analysts have also recently commented on the company. TD Securities cut Osisko Gold Royalties from a “strong-buy” rating to a “hold” rating in a research note on Monday, November 11th. TD Cowen lowered shares of Osisko Gold Royalties from a “buy” rating to a “hold” rating in a research report on Monday, November 11th. Finally, Jefferies Financial Group increased their target price on shares of Osisko Gold Royalties from $19.00 to $22.00 and gave the company a “buy” rating in a research report on Friday, October 4th.
Osisko Gold Royalties Stock Performance
Shares of Osisko Gold Royalties stock opened at $18.72 on Monday. The business’s fifty day simple moving average is $19.00 and its 200 day simple moving average is $18.36. The company has a current ratio of 4.40, a quick ratio of 4.40 and a debt-to-equity ratio of 0.05. Osisko Gold Royalties has a 12 month low of $12.77 and a 12 month high of $21.29. The firm has a market capitalization of $3.49 billion, a P/E ratio of -89.14 and a beta of 1.02.
Osisko Gold Royalties Increases Dividend
The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, January 15th. Investors of record on Tuesday, December 31st will be paid a $0.048 dividend. This is a boost from Osisko Gold Royalties’s previous quarterly dividend of $0.05. This represents a $0.19 dividend on an annualized basis and a yield of 1.03%. The ex-dividend date of this dividend is Tuesday, December 31st. Osisko Gold Royalties’s payout ratio is currently -85.71%.
Institutional Trading of Osisko Gold Royalties
A number of institutional investors have recently modified their holdings of the business. Capital Performance Advisors LLP bought a new position in Osisko Gold Royalties in the 3rd quarter worth about $58,000. Point72 DIFC Ltd bought a new position in shares of Osisko Gold Royalties in the second quarter valued at approximately $71,000. Icon Wealth Advisors LLC purchased a new position in Osisko Gold Royalties during the third quarter valued at approximately $187,000. US Bancorp DE increased its holdings in Osisko Gold Royalties by 32.1% during the 3rd quarter. US Bancorp DE now owns 10,629 shares of the basic materials company’s stock worth $197,000 after acquiring an additional 2,584 shares during the period. Finally, Squarepoint Ops LLC purchased a new stake in Osisko Gold Royalties in the 2nd quarter worth approximately $211,000. 68.52% of the stock is currently owned by hedge funds and other institutional investors.
About Osisko Gold Royalties
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.
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