Cormark Boosts Earnings Estimates for Osisko Gold Royalties

Osisko Gold Royalties Ltd (NYSE:OR) – Stock analysts at Cormark upped their FY2025 earnings estimates for shares of Osisko Gold Royalties in a research report issued on Friday, November 8th. Cormark analyst N. Dion now anticipates that the basic materials company will earn $0.63 per share for the year, up from their previous forecast of $0.58. The consensus estimate for Osisko Gold Royalties’ current full-year earnings is $0.48 per share.

OR has been the subject of a number of other research reports. TD Securities cut Osisko Gold Royalties from a “strong-buy” rating to a “hold” rating in a research report on Monday. Royal Bank of Canada lowered their price target on shares of Osisko Gold Royalties from $21.00 to $20.00 and set an “outperform” rating on the stock in a report on Tuesday, September 10th. Jefferies Financial Group increased their price objective on shares of 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 Cowen cut shares of Osisko Gold Royalties from a “buy” rating to a “hold” rating in a research note on Monday.

Osisko Gold Royalties Stock Down 2.9 %

OR opened at $18.58 on Monday. The firm’s 50 day simple moving average is $19.06 and its two-hundred day simple moving average is $17.49. The company has a market capitalization of $3.47 billion, a PE ratio of -88.48 and a beta of 1.03. Osisko Gold Royalties has a 1-year low of $11.89 and a 1-year high of $21.29. The company has a current ratio of 4.40, a quick ratio of 4.92 and a debt-to-equity ratio of 0.05.

Osisko Gold Royalties Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, January 15th. Investors of record on Tuesday, December 31st will be paid a dividend of $0.048 per share. This represents a $0.19 annualized dividend and a yield of 1.03%. This is a boost from Osisko Gold Royalties’s previous quarterly dividend of $0.05. The ex-dividend date is Tuesday, December 31st. Osisko Gold Royalties’s dividend payout ratio (DPR) is presently -90.48%.

Institutional Trading of Osisko Gold Royalties

Hedge funds have recently bought and sold shares of the stock. Icon Wealth Advisors LLC purchased a new position in shares of Osisko Gold Royalties in the third quarter valued at $501,000. Scheer Rowlett & Associates Investment Management Ltd. grew its stake in shares of Osisko Gold Royalties by 53.9% in the 3rd quarter. Scheer Rowlett & Associates Investment Management Ltd. now owns 965,801 shares of the basic materials company’s stock worth $17,886,000 after buying an additional 338,354 shares in the last quarter. Moors & Cabot Inc. increased its holdings in shares of Osisko Gold Royalties by 11.0% in the 3rd quarter. Moors & Cabot Inc. now owns 22,801 shares of the basic materials company’s stock worth $422,000 after buying an additional 2,265 shares during the last quarter. Aigen Investment Management LP raised its position in shares of Osisko Gold Royalties by 52.8% during the 3rd quarter. Aigen Investment Management LP now owns 34,688 shares of the basic materials company’s stock valued at $642,000 after buying an additional 11,989 shares in the last quarter. Finally, Fiera Capital Corp lifted its holdings in shares of Osisko Gold Royalties by 3.7% in the 3rd quarter. Fiera Capital Corp now owns 762,075 shares of the basic materials company’s stock valued at $14,133,000 after acquiring an additional 26,917 shares during the last quarter. Hedge funds and other institutional investors own 68.52% of the company’s stock.

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.