National Bank Financial Comments on Osisko gold royalties Ltd’s Q4 2018 Earnings (OR)

Osisko gold royalties Ltd (NYSE:OR) – Stock analysts at National Bank Financial boosted their Q4 2018 earnings per share (EPS) estimates for shares of Osisko gold royalties in a research report issued on Tuesday, November 6th. National Bank Financial analyst S. Nagle now forecasts that the basic materials company will post earnings of $0.01 per share for the quarter, up from their previous forecast of ($0.01). National Bank Financial also issued estimates for Osisko gold royalties’ FY2020 earnings at $0.17 EPS.

A number of other analysts also recently weighed in on OR. TheStreet raised shares of Osisko gold royalties from a “d” rating to a “c-” rating in a research report on Wednesday, August 22nd. Zacks Investment Research downgraded shares of Osisko gold royalties from a “hold” rating to a “sell” rating in a research report on Tuesday, October 9th. Canaccord Genuity reissued a “buy” rating on shares of Osisko gold royalties in a research report on Monday, October 22nd. ValuEngine raised shares of Osisko gold royalties from a “sell” rating to a “hold” rating in a research report on Tuesday, October 23rd. Finally, Royal Bank of Canada reissued a “buy” rating on shares of Osisko gold royalties in a research report on Friday, November 2nd. Two research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. The company currently has a consensus rating of “Buy”.

NYSE:OR opened at $7.36 on Friday. The company has a market cap of $1.22 billion, a price-to-earnings ratio of 52.57, a PEG ratio of 27.42 and a beta of 0.03. The company has a debt-to-equity ratio of 0.22, a current ratio of 7.78 and a quick ratio of 7.49. Osisko gold royalties has a fifty-two week low of $7.28 and a fifty-two week high of $12.26.

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, January 15th. Stockholders of record on Monday, December 31st will be given a dividend of $0.038 per share. This represents a $0.15 annualized dividend and a dividend yield of 2.07%. The ex-dividend date is Friday, December 28th. Osisko gold royalties’s dividend payout ratio (DPR) is 107.14%.

Several hedge funds have recently made changes to their positions in OR. Signition LP acquired a new stake in shares of Osisko gold royalties during the 3rd quarter worth approximately $118,000. Dimensional Fund Advisors LP grew its position in shares of Osisko gold royalties by 53.4% during the 2nd quarter. Dimensional Fund Advisors LP now owns 22,121 shares of the basic materials company’s stock worth $209,000 after buying an additional 7,698 shares during the period. Confluence Investment Management LLC acquired a new stake in shares of Osisko gold royalties during the 2nd quarter worth approximately $214,000. BlackRock Inc. grew its position in shares of Osisko gold royalties by 132.7% during the 2nd quarter. BlackRock Inc. now owns 26,580 shares of the basic materials company’s stock worth $252,000 after buying an additional 15,159 shares during the period. Finally, Bank of America Corp DE grew its position in shares of Osisko gold royalties by 173.1% during the 2nd quarter. Bank of America Corp DE now owns 29,747 shares of the basic materials company’s stock worth $282,000 after buying an additional 18,853 shares during the period. 48.06% of the stock is owned by institutional investors.

About Osisko gold royalties

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 and silver mine; and a silver stream on the Gibraltar mine, all located in Canada.

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

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