Osisko Gold Royalties (TSE:OR) Posts Earnings Results

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

Osisko Gold Royalties Stock Up 4.4%

Shares of TSE OR opened at C$45.20 on Thursday. The business has a 50-day moving average price of C$44.75 and a 200 day moving average price of C$51.63. The stock has a market cap of C$8.47 billion, a PE ratio of 33.73, a price-to-earnings-growth ratio of 1.31 and a beta of 1.86. The company has a quick ratio of 0.98, a current ratio of 4.11 and a debt-to-equity ratio of 0.31. Osisko Gold Royalties has a 52-week low of C$38.58 and a 52-week high of C$65.54.

Analyst Upgrades and Downgrades

A number of brokerages recently issued reports on OR. Canadian Imperial Bank of Commerce decreased their price target on shares of Osisko Gold Royalties from C$88.00 to C$85.00 in a research note on Thursday, July 16th. Stifel Nicolaus increased their target price 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 analyst has rated the stock with a Strong Buy rating, two have given a Buy rating and three have given a Hold rating to the company. According to data from MarketBeat, Osisko Gold Royalties currently has an average rating of “Moderate Buy” and a consensus target price of C$63.20.

Insider Activity at Osisko Gold Royalties

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

About Osisko Gold Royalties

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.