Osisko Gold Royalties Ltd (NYSE:OR – Free Report) – Raymond James reduced their FY2025 earnings estimates for shares of Osisko Gold Royalties in a research report issued to clients and investors on Tuesday, January 7th. Raymond James analyst B. Macarthur now forecasts that the basic materials company will earn $0.56 per share for the year, down from their prior estimate of $0.57. The consensus estimate for Osisko Gold Royalties’ current full-year earnings is $0.48 per share.
Several other research firms also recently weighed in on OR. TD Cowen downgraded shares of Osisko Gold Royalties from a “buy” rating to a “hold” rating in a research note on Monday, November 11th. Jefferies Financial Group upped their price target on Osisko Gold Royalties from $19.00 to $22.00 and gave the stock a “buy” rating in a research note on Friday, October 4th. Finally, TD Securities cut Osisko Gold Royalties from a “strong-buy” rating to a “hold” rating in a research note on Monday, November 11th.
Osisko Gold Royalties Stock Performance
NYSE:OR opened at $18.59 on Thursday. The company has a quick ratio of 4.40, a current ratio of 4.40 and a debt-to-equity ratio of 0.05. Osisko Gold Royalties has a twelve month low of $12.77 and a twelve month high of $21.29. The company has a fifty day moving average of $19.14 and a 200-day moving average of $18.25. The firm has a market capitalization of $3.47 billion, a P/E ratio of -88.52 and a beta of 1.02.
Institutional Trading of Osisko Gold Royalties
Several institutional investors have recently made changes to their positions in OR. Commonwealth Equity Services LLC grew its stake in Osisko Gold Royalties by 9.8% in the 2nd quarter. Commonwealth Equity Services LLC now owns 39,178 shares of the basic materials company’s stock valued at $610,000 after purchasing an additional 3,492 shares during the period. American Century Companies Inc. lifted its position in shares of Osisko Gold Royalties by 20.2% during the 2nd quarter. American Century Companies Inc. now owns 565,066 shares of the basic materials company’s stock valued at $8,804,000 after buying an additional 95,000 shares during the last quarter. Renaissance Technologies LLC grew its stake in shares of Osisko Gold Royalties by 12.9% during the 2nd quarter. Renaissance Technologies LLC now owns 239,800 shares of the basic materials company’s stock worth $3,736,000 after acquiring an additional 27,400 shares during the period. Moors & Cabot Inc. increased its holdings in Osisko Gold Royalties by 5.1% in the 2nd quarter. Moors & Cabot Inc. now owns 20,536 shares of the basic materials company’s stock worth $320,000 after acquiring an additional 1,000 shares during the last quarter. Finally, XTX Topco Ltd bought a new stake in Osisko Gold Royalties in the 2nd quarter valued at about $294,000. Institutional investors own 68.52% of the company’s stock.
Osisko Gold Royalties Increases Dividend
The business also recently declared a quarterly dividend, which will be paid on Wednesday, January 15th. Investors of record on Tuesday, December 31st will be issued a dividend of $0.048 per share. The ex-dividend date is Tuesday, December 31st. This represents a $0.19 annualized dividend and a yield of 1.03%. This is an increase from Osisko Gold Royalties’s previous quarterly dividend of $0.05. Osisko Gold Royalties’s dividend payout ratio is -90.48%.
Osisko Gold Royalties Company Profile
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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