Osisko Gold Royalties (TSE:OR) Posts Earnings Results

Osisko Gold Royalties (TSE:OR) released its quarterly earnings data on Wednesday. The company reported C$0.46 EPS for the quarter, FiscalAI reports. Osisko Gold Royalties had a net margin of 82.42% and a return on equity of 19.91%. The company had revenue of C$138.98 million during the quarter.

Osisko Gold Royalties Price Performance

OR stock traded up C$1.90 during trading on Wednesday, hitting C$45.20. 326,043 shares of the stock traded hands, compared to its average volume of 445,356. The stock has a market cap of C$8.47 billion, a price-to-earnings ratio of 33.73, a P/E/G ratio of 1.31 and a beta of 1.85. Osisko Gold Royalties has a one year low of C$38.58 and a one year high of C$65.54. The company has a current ratio of 4.11, a quick ratio of 0.98 and a debt-to-equity ratio of 0.31. The company has a 50 day simple moving average of C$44.83 and a 200 day simple moving average of C$51.71.

Wall Street Analyst Weigh In

Several research firms recently issued reports on OR. Canadian Imperial Bank of Commerce dropped their price target on shares of Osisko Gold Royalties from C$88.00 to C$85.00 in a research report on Thursday, July 16th. Stifel Nicolaus lifted their price objective on Osisko Gold Royalties from C$70.00 to C$71.00 and gave the company a “buy” rating in a report on Wednesday, April 15th. One equities research analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating and three have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of C$63.20.

Insider Activity

In other Osisko Gold Royalties news, Director Duncan Cornell Card sold 5,000 shares of the business’s stock in a transaction on Monday, June 15th. The stock was sold at an average price of C$50.99, for a total value of C$254,950.00. Also, Director Everard Trenton Richards sold 15,000 shares of the firm’s stock in a transaction on Tuesday, May 12th. The shares were sold at an average price of C$53.85, for a total value of C$807,750.00. 0.38% of the stock is currently owned by corporate insiders.

Osisko Gold Royalties Company Profile

OR Royalties is a precious metals royalty and streaming company focused on Tier-1 mining jurisdictions defined as Canada, the United States, and Australia. OR Royalties commenced activities in June 2014 with a single producing asset, and today holds a portfolio of over 195 royalties, streams and similar interests. OR Royalties’ portfolio is anchored by its cornerstone asset, the 3-5% net smelter return royalty on Agnico Eagle Mines Limited’s Canadian Malartic Complex, one of the world’s largest gold mines.