Q4 EPS Estimates for OR Lifted by National Bank Financial

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

Several other research analysts have also recently issued reports on OR. TD Securities cut Osisko Gold Royalties from a “strong-buy” rating to a “hold” rating in a research note on Monday, November 11th. 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 report on Tuesday. Finally, TD Cowen cut shares of Osisko Gold Royalties from a “buy” rating to a “hold” rating in a research note on Monday, November 11th.

Osisko Gold Royalties Price Performance

OR stock opened at $19.76 on Wednesday. Osisko Gold Royalties has a 52 week low of $12.77 and a 52 week high of $21.29. 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 of $18.83 and a 200 day moving average of $18.64.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in OR. SBI Securities Co. Ltd. acquired a new stake in shares of Osisko Gold Royalties in the fourth quarter valued at approximately $57,000. Capital Performance Advisors LLP purchased a new stake in Osisko Gold Royalties in the 3rd quarter valued at $58,000. Generali Investments CEE investicni spolecnost a.s. acquired a new stake in shares of Osisko Gold Royalties in the 4th quarter worth $72,000. Northwest & Ethical Investments L.P. raised its holdings in shares of Osisko Gold Royalties by 11.0% during the 4th quarter. Northwest & Ethical Investments L.P. now owns 6,292 shares of the basic materials company’s stock worth $114,000 after acquiring an additional 626 shares during the period. Finally, Icon Wealth Advisors LLC acquired a new position in shares of Osisko Gold Royalties during the 3rd quarter valued at about $187,000. 68.52% of the stock is owned by institutional investors and hedge funds.

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.