Osisko Gold Royalties Ltd (NYSE:OR – Free Report) – Raymond James reduced their FY2025 earnings per share estimates for Osisko Gold Royalties in a note issued to investors on Tuesday, January 7th. Raymond James analyst B. Macarthur now expects that the basic materials company will earn $0.56 per share for the year, down from their previous estimate of $0.57. The consensus estimate for Osisko Gold Royalties’ current full-year earnings is $0.48 per share.
Several other brokerages have also recently issued reports on OR. TD Cowen cut Osisko Gold Royalties from a “buy” rating to a “hold” rating in a research note on Monday, November 11th. Jefferies Financial Group upped their target price on Osisko Gold Royalties from $19.00 to $22.00 and gave the company a “buy” rating in a research report on Friday, October 4th. Finally, TD Securities cut Osisko Gold Royalties from a “strong-buy” rating to a “hold” rating in a research report on Monday, November 11th.
Osisko Gold Royalties Price Performance
NYSE:OR opened at $18.59 on Thursday. The company has a debt-to-equity ratio of 0.05, a quick ratio of 4.40 and a current ratio of 4.40. The firm has a market cap of $3.47 billion, a price-to-earnings ratio of -88.52 and a beta of 1.02. Osisko Gold Royalties has a 52 week low of $12.77 and a 52 week high of $21.29. The firm’s 50-day simple moving average is $19.14 and its 200 day simple moving average is $18.25.
Osisko Gold Royalties Increases Dividend
The firm also recently announced a quarterly dividend, which will be paid on Wednesday, January 15th. Shareholders of record on Tuesday, December 31st will be given a $0.048 dividend. This represents a $0.19 dividend on an annualized basis and a yield of 1.03%. The ex-dividend date is Tuesday, December 31st. This is a boost from Osisko Gold Royalties’s previous quarterly dividend of $0.05. Osisko Gold Royalties’s payout ratio is currently -90.48%.
Hedge Funds Weigh In On Osisko Gold Royalties
A number of institutional investors have recently added to or reduced their stakes in the stock. Capital Performance Advisors LLP acquired a new position in shares of Osisko Gold Royalties during the third quarter worth $58,000. Point72 DIFC Ltd acquired a new stake in shares of Osisko Gold Royalties during the second quarter valued at about $71,000. Icon Wealth Advisors LLC acquired a new stake in shares of Osisko Gold Royalties during the third quarter valued at about $187,000. US Bancorp DE grew its holdings in shares of Osisko Gold Royalties by 32.1% during the third quarter. US Bancorp DE now owns 10,629 shares of the basic materials company’s stock worth $197,000 after purchasing an additional 2,584 shares during the last quarter. Finally, Squarepoint Ops LLC acquired a new position in shares of Osisko Gold Royalties in the second quarter valued at approximately $211,000. 68.52% of the stock is currently owned by institutional investors and hedge funds.
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.
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