Osisko Gold Royalties Ltd (TSE:OR – Free Report) – Raymond James raised their Q1 2024 earnings estimates for shares of Osisko Gold Royalties in a research note issued on Tuesday, April 23rd. Raymond James analyst B. Macarthur now expects that the company will post earnings of $0.14 per share for the quarter, up from their previous forecast of $0.11. The consensus estimate for Osisko Gold Royalties’ current full-year earnings is $0.55 per share. Raymond James also issued estimates for Osisko Gold Royalties’ Q2 2024 earnings at $0.15 EPS, Q4 2024 earnings at $0.20 EPS and FY2024 earnings at $0.69 EPS.
Osisko Gold Royalties (TSE:OR – Get Free Report) last announced its earnings results on Tuesday, February 20th. The company reported C$0.16 earnings per share (EPS) for the quarter, topping the consensus estimate of C$0.15 by C$0.01. Osisko Gold Royalties had a negative net margin of 19.55% and a negative return on equity of 2.85%. The company had revenue of C$65.16 million for the quarter.
Check Out Our Latest Report on OR
Osisko Gold Royalties Trading Up 0.7 %
Shares of OR opened at C$21.93 on Friday. Osisko Gold Royalties has a 52-week low of C$15.42 and a 52-week high of C$24.42. The company has a quick ratio of 0.98, a current ratio of 4.11 and a debt-to-equity ratio of 12.11. The firm’s fifty day moving average is C$21.26 and its two-hundred day moving average is C$19.47. The stock has a market cap of C$4.07 billion, a PE ratio of -84.35, a price-to-earnings-growth ratio of 1.31 and a beta of 0.79.
Insider Transactions at Osisko Gold Royalties
In related news, Director David Smith acquired 10,000 shares of the stock in a transaction dated Monday, February 26th. The stock was acquired at an average cost of C$18.98 per share, with a total value of C$189,800.00. In other Osisko Gold Royalties news, Director David Smith purchased 10,000 shares of the stock in a transaction that occurred on Monday, February 26th. The stock was purchased at an average cost of C$18.98 per share, with a total value of C$189,800.00. Also, Senior Officer Guy Desharnais sold 7,484 shares of the company’s stock in a transaction that occurred on Wednesday, March 20th. The shares were sold at an average price of C$21.10, for a total value of C$157,912.40. Over the last ninety days, insiders sold 53,184 shares of company stock valued at $1,158,088. 0.57% of the stock is currently owned by corporate insiders.
Osisko Gold Royalties Announces Dividend
The business also recently disclosed a quarterly dividend, which was paid on Monday, April 15th. Stockholders of record on Monday, April 15th were given a dividend of $0.06 per share. This represents a $0.24 dividend on an annualized basis and a dividend yield of 1.09%. The ex-dividend date of this dividend was Wednesday, March 27th. Osisko Gold Royalties’s dividend payout ratio is presently -92.31%.
About Osisko Gold Royalties
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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