National Bank Financial Weighs in on TSE:OR FY2024 Earnings

Osisko Gold Royalties Ltd (TSE:OR - Free Report) - Investment analysts at National Bank Financial lifted their FY2024 earnings per share (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 expects that the company will post earnings per share of $0.77 for the year, up from their previous estimate of $0.75. National Bank Financial also issued estimates for Osisko Gold Royalties' Q4 2024 earnings at $0.28 EPS and FY2025 earnings at $1.21 EPS.

A number of other equities research analysts have also weighed in on the company. Stifel Nicolaus boosted their price objective on Osisko Gold Royalties from C$29.00 to C$31.00 in a research report on Monday, October 21st. BMO Capital Markets boosted their price objective on Osisko Gold Royalties from C$27.00 to C$28.00 in a research report on Thursday, November 7th. National Bankshares cut their target price on Osisko Gold Royalties from C$35.00 to C$34.00 and set an "outperform" rating on the stock in a report on Tuesday. CIBC lifted their target price on Osisko Gold Royalties from C$36.00 to C$39.00 in a report on Monday, December 2nd. Finally, TD Securities downgraded Osisko Gold Royalties from a "buy" rating to a "hold" rating in a report on Monday, November 11th.

Osisko Gold Royalties Price Performance

OR stock traded down C$1.05 during midday trading on Wednesday, reaching C$27.95. 268,174 shares of the stock were exchanged, compared to its average volume of 288,710. The stock has a market capitalization of C$5.22 billion, a PE ratio of -94.96, a P/E/G ratio of 1.31 and a beta of 0.90. Osisko Gold Royalties has a 52 week low of C$17.41 and a 52 week high of C$29.59. The company has a debt-to-equity ratio of 5.29, a current ratio of 4.40 and a quick ratio of 0.98. The company has a fifty day moving average price of C$27.11 and a 200 day moving average price of C$25.95.

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.