National Bank Financial Predicts OR FY2025 Earnings

Osisko Gold Royalties Ltd (NYSE:OR - Free Report) - Equities research analysts at National Bank Financial upped their FY2025 earnings estimates for shares of Osisko Gold Royalties in a report issued on Monday, February 10th. National Bank Financial analyst S. Nagle now forecasts that the basic materials company will post earnings of $0.85 per share for the year, up from their previous estimate of $0.81. The consensus estimate for Osisko Gold Royalties' current full-year earnings is $0.48 per share.

A number of other research analysts have also issued reports on the company. TD Cowen lowered Osisko Gold Royalties from a "buy" rating to a "hold" rating in a research report on Monday, November 11th. TD Securities cut Osisko Gold Royalties from a "strong-buy" rating to a "hold" rating in a report on Monday, November 11th. Finally, Royal Bank of Canada increased their price target on Osisko Gold Royalties from $23.00 to $24.00 and gave the company an "outperform" rating in a research note on Tuesday, February 11th.

Osisko Gold Royalties Stock Performance

OR traded down $0.75 on Thursday, hitting $19.68. 646,510 shares of the company's stock were exchanged, compared to its average volume of 548,752. 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 stock has a fifty day moving average of $18.89 and a two-hundred day moving average of $18.71. Osisko Gold Royalties has a twelve month low of $12.77 and a twelve month high of $21.29. The firm has a market cap of $3.67 billion, a PE ratio of -93.70 and a beta of 1.02.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in OR. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. purchased a new position in shares of Osisko Gold Royalties during the fourth quarter valued at $60,364,000. Deutsche Bank AG grew its stake in Osisko Gold Royalties by 629.2% during the 4th quarter. Deutsche Bank AG now owns 79,581 shares of the basic materials company's stock valued at $1,440,000 after acquiring an additional 68,668 shares in the last quarter. Jane Street Group LLC increased its holdings in shares of Osisko Gold Royalties by 72.8% in the 4th quarter. Jane Street Group LLC now owns 273,221 shares of the basic materials company's stock valued at $4,945,000 after purchasing an additional 115,081 shares during the period. Parvin Asset Management LLC purchased a new stake in shares of Osisko Gold Royalties in the fourth quarter worth approximately $1,642,000. Finally, The Manufacturers Life Insurance Company boosted its holdings in shares of Osisko Gold Royalties by 6.0% during the fourth quarter. The Manufacturers Life Insurance Company now owns 844,897 shares of the basic materials company's stock worth $15,316,000 after purchasing an additional 48,093 shares during the period. 68.52% of the stock is currently owned by institutional investors and hedge funds.

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.