Research Analysts Offer Predictions for OR Q4 Earnings

Osisko Gold Royalties Ltd (NYSE:OR - Free Report) - Equities research analysts at Stifel Canada issued their Q4 2024 earnings per share (EPS) estimates for shares of Osisko Gold Royalties in a research note issued on Tuesday, February 4th. Stifel Canada analyst I. Rico expects that the basic materials company will post earnings of $0.15 per share for the quarter. The consensus estimate for Osisko Gold Royalties' current full-year earnings is $0.48 per share.

OR has been the subject of several other reports. TD Securities downgraded shares of Osisko Gold Royalties from a "strong-buy" rating to a "hold" rating in a report on Monday, November 11th. TD Cowen cut Osisko Gold Royalties from a "buy" rating to a "hold" rating in a research report on Monday, November 11th.

Osisko Gold Royalties Price Performance

Shares of Osisko Gold Royalties stock traded up $0.16 on Thursday, reaching $19.83. The stock had a trading volume of 465,195 shares, compared to its average volume of 548,752. The business's 50 day moving average is $18.81 and its two-hundred day moving average is $18.61. The company has a market cap of $3.70 billion, a P/E ratio of -94.43 and a beta of 1.02. Osisko Gold Royalties has a 1 year low of $12.77 and a 1 year 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.

Hedge Funds Weigh In On Osisko Gold Royalties

Several institutional investors have recently modified their holdings of OR. FMR LLC grew its stake in shares of Osisko Gold Royalties by 1.9% during the third quarter. FMR LLC now owns 4,484,929 shares of the basic materials company's stock valued at $83,070,000 after buying an additional 83,799 shares during the last quarter. CIBC Asset Management Inc grew its position in Osisko Gold Royalties by 21.6% during the 4th quarter. CIBC Asset Management Inc now owns 3,111,398 shares of the basic materials company's stock worth $56,215,000 after acquiring an additional 551,936 shares during the last quarter. Principal Financial Group Inc. increased its stake in Osisko Gold Royalties by 5.7% in 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 purchasing an additional 82,150 shares during the period. Scheer Rowlett & Associates Investment Management Ltd. boosted its stake in shares of Osisko Gold Royalties by 1.5% during the fourth quarter. Scheer Rowlett & Associates Investment Management Ltd. now owns 980,133 shares of the basic materials company's stock valued at $17,726,000 after purchasing an additional 14,332 shares during the period. Finally, The Manufacturers Life Insurance Company grew its holdings in shares of Osisko Gold Royalties by 190.5% in the third quarter. The Manufacturers Life Insurance Company now owns 796,804 shares of the basic materials company's stock worth $14,766,000 after purchasing an additional 522,551 shares during the last quarter. 68.52% of the stock is currently owned by institutional investors.

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.