Q4 EPS Estimate for Osisko Gold Royalties Raised by Analyst

Osisko Gold Royalties Ltd (NYSE:OR) – Research analysts at National Bank Financial increased their Q4 2024 EPS estimates for shares of Osisko Gold Royalties in a research note issued on Monday, February 10th. National Bank Financial analyst S. Nagle now anticipates that the basic materials company will earn $0.20 per share for the quarter, up from their previous estimate of $0.18. The consensus estimate for Osisko Gold Royalties’ current full-year earnings is $0.48 per share.

OR has been the topic of several other research reports. TD Securities downgraded Osisko Gold Royalties from a “strong-buy” rating to a “hold” rating in a report on Monday, November 11th. TD Cowen downgraded Osisko Gold Royalties from a “buy” rating to a “hold” rating in a research report on Monday, November 11th. Finally, Royal Bank of Canada increased their price target on shares of Osisko Gold Royalties from $23.00 to $24.00 and gave the stock an “outperform” rating in a research report on Tuesday.

Osisko Gold Royalties Trading Down 1.2 %

Osisko Gold Royalties stock opened at $19.76 on Wednesday. The company has a current ratio of 4.40, a quick ratio of 4.40 and a debt-to-equity ratio of 0.05. The firm has a 50 day moving average price of $18.83 and a 200 day moving average price of $18.64. Osisko Gold Royalties has a fifty-two week low of $12.77 and a fifty-two week high of $21.29.

Institutional Investors Weigh In On Osisko Gold Royalties

Several large investors have recently bought and sold shares of OR. Cubist Systematic Strategies LLC purchased a new stake in shares of Osisko Gold Royalties in the 2nd quarter valued at approximately $288,000. U S Global Investors Inc. grew its stake in shares of Osisko Gold Royalties by 0.8% during the third quarter. U S Global Investors Inc. now owns 437,796 shares of the basic materials company’s stock worth $8,104,000 after purchasing an additional 3,364 shares in the last quarter. International Assets Investment Management LLC purchased a new position in Osisko Gold Royalties in the third quarter valued at $286,000. US Bancorp DE raised its stake in Osisko Gold Royalties by 32.1% in the third quarter. US Bancorp DE now owns 10,629 shares of the basic materials company’s stock valued at $197,000 after buying an additional 2,584 shares in the last quarter. Finally, Principal Financial Group Inc. lifted its holdings in Osisko Gold Royalties by 5.7% during the 3rd quarter. Principal Financial Group Inc. now owns 1,527,110 shares of the basic materials company’s stock worth $28,316,000 after buying an additional 82,150 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.