National Bank Financial Equities Analysts Increase Earnings Estimates for Osisko gold royalties Ltd (OR)

Osisko gold royalties Ltd (TSE:OR) – Equities researchers at National Bank Financial increased their FY2018 earnings per share estimates for shares of Osisko gold royalties in a note issued to investors on Wednesday. National Bank Financial analyst S. Nagle now expects that the company will post earnings of ($0.04) per share for the year, up from their previous forecast of ($0.05).

Osisko gold royalties (TSE:OR) last issued its earnings results on Wednesday, November 8th. The company reported C$0.06 earnings per share for the quarter, missing the Zacks’ consensus estimate of C$0.10 by C($0.04). Osisko gold royalties had a net margin of 9.72% and a return on equity of 1.72%.

Other research analysts also recently issued reports about the company. Desjardins reiterated a “buy” rating on shares of Osisko gold royalties in a report on Monday, December 11th. Canaccord Genuity lifted their price target on Osisko gold royalties from C$22.00 to C$22.50 in a report on Friday, January 19th. BMO Capital Markets cut their price target on Osisko gold royalties from C$17.00 to C$16.00 in a report on Tuesday, January 23rd. CIBC cut their price target on Osisko gold royalties from C$19.00 to C$17.00 in a report on Thursday, December 14th. Finally, Scotiabank cut their price target on Osisko gold royalties from C$21.00 to C$20.00 and set an “outperform” rating on the stock in a report on Monday, November 6th. Two investment analysts have rated the stock with a hold rating and six have given a buy rating to the company. Osisko gold royalties has a consensus rating of “Buy” and a consensus target price of C$19.22.

Osisko gold royalties (OR) opened at C$13.70 on Monday. Osisko gold royalties has a fifty-two week low of C$13.55 and a fifty-two week high of C$17.58. The stock has a market capitalization of $2,150.00, a price-to-earnings ratio of 50.74 and a beta of -0.26.

The firm also recently announced a quarterly dividend, which was paid on Monday, January 15th. Investors of record on Friday, December 29th were paid a dividend of $0.05 per share. The ex-dividend date of this dividend was Thursday, December 28th. This represents a $0.20 annualized dividend and a yield of 1.46%. Osisko gold royalties’s dividend payout ratio (DPR) is 62.96%.

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Osisko gold royalties Company Profile

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.

Earnings History and Estimates for Osisko gold royalties (TSE:OR)

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