Q3 2016 EPS Estimates for Osisko gold royalties Ltd (OR) Decreased by Analyst
Osisko gold royalties Ltd (TSE:OR) – Investment analysts at National Bank Financial dropped their Q3 2016 earnings per share estimates for shares of Osisko gold royalties in a research report issued to clients and investors on Wednesday. National Bank Financial analyst S. Nagle now forecasts that the brokerage will post earnings of $0.05 per share for the quarter, down from their prior forecast of $0.06. National Bank Financial also issued estimates for Osisko gold royalties’ FY2016 earnings at $0.25 EPS and FY2017 earnings at $0.28 EPS.
A number of other brokerages also recently issued reports on OR. Paradigm Capital reiterated a “buy” rating and issued a C$20.25 price target on shares of Osisko gold royalties in a research note on Tuesday, August 23rd. TD Securities lifted their price target on shares of Osisko gold royalties from C$19.50 to C$21.00 and gave the stock a “buy” rating in a research note on Friday, August 5th. Scotiabank reiterated an “outperform” rating and issued a C$21.00 price target on shares of Osisko gold royalties in a research note on Thursday, July 28th. Finally, Canaccord Genuity lifted their price target on shares of Osisko gold royalties from C$20.00 to C$23.00 in a research note on Tuesday, July 12th. Eight equities research analysts have rated the stock with a buy rating, The company presently has a consensus rating of “Buy” and an average target price of C$19.66.
Shares of Osisko gold royalties (TSE:OR) traded down 2.50% on Friday, reaching $13.28. 174,880 shares of the company’s stock were exchanged. The firm has a 50 day moving average of $14.80 and a 200 day moving average of $15.81. The firm has a market capitalization of $1.41 billion and a P/E ratio of 44.27. Osisko gold royalties has a one year low of $12.34 and a one year high of $18.64.
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About Osisko gold royalties
Osisko Gold Royalties Ltd (Osisko) is a Canada-based company engaged in the business of acquiring and managing precious metal and other interests in Canada and across the world. The Company’s assets include the Canadian Malartic mine, located in Malartic, Quebec and Eleonore mine, located in the James Bay area in Quebec.
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