77.14 F
London
July 18, 2024
PI Global Investments
Gold

Osisko Gold Royalties Ltd to Post FY2024 Earnings of $0.69 Per Share, Cormark Forecasts (TSE:OR)



Osisko Gold Royalties Ltd (TSE:ORFree Report) – Research analysts at Cormark cut their FY2024 EPS estimates for shares of Osisko Gold Royalties in a research report issued to clients and investors on Tuesday, July 9th. Cormark analyst N. Dion now forecasts that the company will post earnings per share of $0.69 for the year, down from their prior forecast of $0.70. The consensus estimate for Osisko Gold Royalties’ current full-year earnings is $0.64 per share.

A number of other research analysts have also recently commented on OR. Canaccord Genuity Group upped their target price on shares of Osisko Gold Royalties from C$28.00 to C$30.00 in a research report on Tuesday, April 23rd. Scotiabank raised their price target on shares of Osisko Gold Royalties from C$23.00 to C$24.00 in a research note on Thursday, May 23rd. CIBC boosted their target price on Osisko Gold Royalties from C$28.50 to C$33.00 in a research note on Monday, April 15th. Raymond James raised their price target on shares of Osisko Gold Royalties from C$26.00 to C$28.00 in a research note on Tuesday, April 23rd. Finally, Stifel Nicolaus upped their target price on Osisko Gold Royalties from C$27.00 to C$28.00 and gave the company a “buy” rating in a report on Friday, April 19th. One research analyst has rated the stock with a hold rating and six have issued a buy rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of C$26.63.

Check Out Our Latest Stock Analysis on OR

Osisko Gold Royalties Stock Down 1.1 %

Shares of TSE OR opened at C$21.73 on Wednesday. The firm has a market cap of C$4.04 billion, a price-to-earnings ratio of -74.93, a price-to-earnings-growth ratio of 1.31 and a beta of 0.82. The company’s 50-day simple moving average is C$22.18 and its 200-day simple moving average is C$21.02. The company has a quick ratio of 0.98, a current ratio of 4.95 and a debt-to-equity ratio of 9.52. Osisko Gold Royalties has a 52-week low of C$15.42 and a 52-week high of C$23.75.

Osisko Gold Royalties (TSE:ORGet Free Report) last released its quarterly earnings data on Wednesday, May 8th. The company reported C$0.16 earnings per share for the quarter, beating analysts’ consensus estimates of C$0.15 by C$0.01. The business had revenue of C$60.75 million during the quarter. Osisko Gold Royalties had a negative return on equity of 3.15% and a negative net margin of 21.78%.

Osisko Gold Royalties Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, July 15th. Shareholders of record on Friday, June 28th will be given a dividend of $0.065 per share. This is a positive change from Osisko Gold Royalties’s previous quarterly dividend of $0.06. The ex-dividend date is Friday, June 28th. This represents a $0.26 dividend on an annualized basis and a yield of 1.20%. Osisko Gold Royalties’s dividend payout ratio is presently -82.76%.

Insider Buying and Selling at Osisko Gold Royalties

In related news, Director Victor Bradley sold 5,000 shares of the stock in a transaction dated Tuesday, May 14th. The shares were sold at an average price of C$22.05, for a total value of C$110,270.50. In related news, Senior Officer Frédéric Ruel sold 33,700 shares of Osisko Gold Royalties stock in a transaction dated Tuesday, May 14th. The stock was sold at an average price of C$22.20, for a total value of C$748,140.00. Also, Director Victor Bradley sold 5,000 shares of the business’s stock in a transaction that occurred on Tuesday, May 14th. The shares were sold at an average price of C$22.05, for a total transaction of C$110,270.50. In the last ninety days, insiders have sold 48,700 shares of company stock valued at $1,087,670. 0.38% of the stock is currently owned by company insiders.

About Osisko Gold Royalties

(Get Free Report)

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.

Read More

Earnings History and Estimates for Osisko Gold Royalties (TSE:OR)



Receive News & Ratings for Osisko Gold Royalties Daily – Enter your email address below to receive a concise daily summary of the latest news and analysts’ ratings for Osisko Gold Royalties and related companies with MarketBeat.com’s FREE daily email newsletter.



Source link

Related posts

Cyanide spill detected near Victoria Gold’s Eagle mine in Yukon

D.William

Six Chinese nationals mining for gold killed in Congo militia attack

D.William

Fool’s gold may be valuable after scientists make ‘unexpected’ discovery in Appalachian Mountains

D.William

Leave a Comment

* By using this form you agree with the storage and handling of your data by this website.