Osisko gold royalties Ltd (TSE:OR) announced a quarterly dividend on Wednesday, May 1st, Zacks reports. Investors of record on Friday, June 28th will be given a dividend of 0.05 per share on Monday, July 15th. This represents a $0.20 annualized dividend and a dividend yield of 1.39%. The ex-dividend date is Thursday, June 27th.
OR stock traded down C$0.67 during midday trading on Tuesday, hitting C$14.40. The company’s stock had a trading volume of 435,282 shares, compared to its average volume of 399,106. The stock has a market capitalization of $2.34 billion and a P/E ratio of -17.48. Osisko gold royalties has a 12 month low of C$9.27 and a 12 month high of C$16.08. The company has a debt-to-equity ratio of 19.34, a quick ratio of 5.80 and a current ratio of 5.84. The business has a 50-day simple moving average of C$13.77.
Osisko gold royalties (TSE:OR) last released its quarterly earnings data on Wednesday, May 1st. The company reported C$0.04 earnings per share (EPS) for the quarter, meeting the consensus estimate of C$0.04. The business had revenue of C$100.73 million during the quarter, compared to the consensus estimate of C$121.00 million. On average, equities analysts predict that Osisko gold royalties will post 0.26 earnings per share for the current year.
Several research firms have recently weighed in on OR. TD Securities cut Osisko gold royalties from a “buy” rating to a “hold” rating and lowered their price target for the company from C$17.50 to C$16.00 in a report on Monday, May 6th. Canaccord Genuity lowered their price target on Osisko gold royalties from C$18.00 to C$17.50 in a report on Tuesday, April 23rd. Raymond James reissued an “outperform” rating and set a C$16.50 price target on shares of Osisko gold royalties in a report on Friday, May 3rd. National Bank Financial cut Osisko gold royalties from an “outperform overweight” rating to a “sector perform overweight” rating and lowered their price target for the company from C$16.75 to C$16.00 in a report on Thursday, May 2nd. Finally, Desjardins cut Osisko gold royalties from a “buy” rating to a “hold” rating in a report on Friday, April 12th. Two investment analysts have rated the stock with a hold rating and two have assigned a buy rating to the company’s stock. The stock has an average rating of “Buy” and an average target price of C$16.25.
Osisko gold royalties Company Profile
Osisko Gold Royalties Ltd acquires and manages precious metal and other royalties, streams, and similar interests in Canada and internationally. Its assets include the 5% net smelter return (NSR) royalty on the Canadian Malartic mine; the 2.0% to 3.5% NSR royalty on the Eleonore mine; a 9.6% diamond stream on the Renard diamond mine; a 4% gold and silver stream on the Brucejack gold; a 3% NSR royalty on the Seabee gold operations located in Saskatchewan, Canada; and the 1.38% to 2.55% NSR royalty on the Island Gold mine.
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