What is Cormark’s Estimate for TSE:OR Q3 Earnings?

Osisko Gold Royalties Ltd (TSE:OR) – Analysts at Cormark issued their Q3 2024 EPS estimates for Osisko Gold Royalties in a report released on Wednesday, October 23rd. Cormark analyst N. Dion expects that the company will post earnings of $0.17 per share for the quarter.

Several other research analysts have also recently commented on the stock. Stifel Nicolaus raised their target price on shares of Osisko Gold Royalties from C$29.00 to C$31.00 in a report on Monday, October 21st. Jefferies Financial Group raised shares of Osisko Gold Royalties from a “hold” rating to a “buy” rating in a research note on Friday, July 12th. National Bankshares boosted their target price on shares of Osisko Gold Royalties from C$26.00 to C$28.00 and gave the company an “outperform” rating in a research note on Wednesday, July 17th. TD Securities raised their target price on Osisko Gold Royalties from C$27.00 to C$31.00 in a research report on Friday, October 18th. Finally, Raymond James dropped their price target on Osisko Gold Royalties from C$27.50 to C$27.00 in a research report on Monday, August 19th. One equities research analyst has rated the stock with a hold rating and seven have assigned a buy rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of C$29.13.

Osisko Gold Royalties Trading Up 0.7 %

Shares of OR opened at C$28.80 on Friday. The business’s 50-day moving average price is C$24.92 and its 200 day moving average price is C$23.34. The company has a current ratio of 4.92, a quick ratio of 0.98 and a debt-to-equity ratio of 7.00. The stock has a market capitalization of C$5.36 billion, a P/E ratio of -57.60, a P/E/G ratio of 1.31 and a beta of 0.90. Osisko Gold Royalties has a 1-year low of C$16.32 and a 1-year high of C$29.30.

Osisko Gold Royalties (TSE:OR) last issued its earnings results on Tuesday, August 6th. The company reported C$0.18 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of C$0.17 by C$0.01. Osisko Gold Royalties had a negative return on equity of 5.46% and a negative net margin of 36.86%. 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. Stockholders of record on Tuesday, October 15th were paid 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 of this dividend was Friday, September 27th. Osisko Gold Royalties’s dividend payout ratio (DPR) is presently -52.00%.

Insider Activity

In other Osisko Gold Royalties news, Senior Officer André Le Bel sold 10,000 shares of the business’s stock in a transaction that occurred on Friday, September 20th. The shares were sold at an average price of C$24.80, for a total value of C$248,000.00. In other news, Director Everard Trenton Richards sold 15,000 shares of the stock in a transaction dated Friday, August 9th. The stock was sold at an average price of C$22.19, for a total transaction of C$332,913.00. Also, Senior Officer André Le Bel sold 10,000 shares of the firm’s stock in a transaction that occurred on Friday, September 20th. The shares were sold at an average price of C$24.80, for a total value of C$248,000.00. Insiders sold a total of 35,000 shares of company stock worth $851,244 in the last three months. 0.38% of the stock is owned by insiders.

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.