Osisko gold royalties Ltd (TSE:OR) – Equities research analysts at National Bank Financial lifted their FY2018 earnings per share estimates for shares of Osisko gold royalties in a report released on Tuesday, November 6th. National Bank Financial analyst S. Nagle now anticipates that the company will earn $0.12 per share for the year, up from their prior forecast of $0.11. National Bank Financial also issued estimates for Osisko gold royalties’ FY2019 earnings at $0.06 EPS.
Other research analysts have also issued reports about the company. TD Securities lowered their target price on Osisko gold royalties from C$17.00 to C$13.50 and set a “buy” rating for the company in a research report on Thursday. Raymond James lowered their target price on Osisko gold royalties from C$17.00 to C$16.50 and set an “outperform” rating for the company in a research report on Thursday. Eight Capital lowered their target price on Osisko gold royalties from C$15.50 to C$12.15 in a research report on Wednesday. Finally, Canaccord Genuity lowered their target price on Osisko gold royalties from C$19.00 to C$17.50 in a research report on Thursday, October 18th. One investment analyst has rated the stock with a hold rating and six have given a buy rating to the stock. Osisko gold royalties currently has a consensus rating of “Buy” and a consensus price target of C$16.02.
The business also recently announced a quarterly dividend, which will be paid on Tuesday, January 15th. Investors of record on Monday, December 31st will be given a dividend of $0.05 per share. This represents a $0.20 annualized dividend and a yield of 2.05%. The ex-dividend date is Friday, December 28th. Osisko gold royalties’s dividend payout ratio is currently -55.87%.
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.
Recommended Story: Technical Analysis of Stocks and What It Means
Receive News & Ratings for Osisko gold royalties Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Osisko gold royalties and related companies with MarketBeat.com's FREE daily email newsletter.