Q3 Earnings Forecast for TSE:OR Issued By Stifel Canada

Osisko Gold Royalties Ltd (TSE:OR) – Research analysts at Stifel Canada issued their Q3 2024 EPS estimates for Osisko Gold Royalties in a research report issued on Monday, October 21st. Stifel Canada analyst I. Rico expects that the company will earn $0.14 per share for the quarter. Stifel Canada also issued estimates for Osisko Gold Royalties’ FY2025 earnings at $0.97 EPS.

OR has been the subject of a number of other research reports. Canaccord Genuity Group raised their target price on shares of Osisko Gold Royalties from C$30.00 to C$31.00 in a research report on Tuesday, July 23rd. National Bankshares boosted their price objective on shares of Osisko Gold Royalties from C$26.00 to C$28.00 and gave the stock an “outperform” rating in a research note on Wednesday, July 17th. Jefferies Financial Group upgraded shares of Osisko Gold Royalties from a “hold” rating to a “buy” rating in a research note on Friday, July 12th. TD Securities upped their price target on shares of Osisko Gold Royalties from C$27.00 to C$31.00 in a research note on Friday, October 18th. Finally, Scotiabank upped their price target on shares of Osisko Gold Royalties from C$25.00 to C$27.00 in a research note on Monday, August 19th. One investment analyst has rated the stock with a hold rating and seven have given a buy rating to the company. According to MarketBeat.com, Osisko Gold Royalties presently has an average rating of “Moderate Buy” and an average price target of C$29.13.

Osisko Gold Royalties Stock Down 0.9 %

Shares of OR stock opened at C$28.91 on Wednesday. The firm has a fifty day moving average of C$24.69 and a 200-day moving average of C$23.26. The company has a quick ratio of 0.98, a current ratio of 4.92 and a debt-to-equity ratio of 7.00. Osisko Gold Royalties has a 12-month low of C$16.32 and a 12-month high of C$29.30. The company has a market capitalization of C$5.38 billion, a price-to-earnings ratio of -57.82, a P/E/G ratio of 1.31 and a beta of 0.90.

Osisko Gold Royalties (TSE:OR) last announced its quarterly earnings data on Tuesday, August 6th. The company reported C$0.18 earnings per share for the quarter, beating the consensus estimate of C$0.17 by C$0.01. Osisko Gold Royalties had a negative net margin of 36.86% and a negative return on equity of 5.46%. The business had revenue of C$64.85 million for the quarter.

Osisko Gold Royalties Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Tuesday, October 15th. Investors of record on Tuesday, October 15th were given a dividend of $0.065 per share. This represents a $0.26 dividend on an annualized basis and a dividend yield of 0.90%. The ex-dividend date was Friday, September 27th. Osisko Gold Royalties’s payout ratio is currently -52.00%.

Insider Activity at Osisko Gold Royalties

In other news, Director Duncan Cornell Card sold 10,000 shares of Osisko Gold Royalties stock in a transaction dated Tuesday, October 15th. The shares were sold at an average price of C$27.03, for a total value of C$270,331.00. In other Osisko Gold Royalties news, Director Duncan Cornell Card sold 10,000 shares of Osisko Gold Royalties stock in a transaction that occurred on Tuesday, October 15th. The shares were sold at an average price of C$27.03, for a total transaction of C$270,331.00. Also, Director Everard Trenton Richards sold 15,000 shares of Osisko Gold Royalties stock in a transaction that occurred on Friday, August 9th. The shares were sold at an average price of C$22.19, for a total transaction of C$332,913.00. Insiders have sold 35,000 shares of company stock valued at $851,244 over the last ninety days. Corporate insiders own 0.38% of the company’s stock.

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.