Osisko gold royalties (OR) Price Target Cut to C$17.50 by Analysts at Canaccord Genuity

Osisko gold royalties (TSE:OR) had its price objective lowered by Canaccord Genuity from C$19.00 to C$17.50 in a report published on Thursday morning.

Separately, National Bank Financial cut their price objective on shares of Osisko gold royalties from C$16.00 to C$15.00 in a report on Saturday, July 14th. One analyst has rated the stock with a hold rating and six have given a buy rating to the company’s stock. The stock has an average rating of Buy and an average target price of C$16.89.

Shares of OR stock traded up C$0.05 during mid-day trading on Thursday, hitting C$10.42. 92,691 shares of the stock traded hands, compared to its average volume of 357,460. Osisko gold royalties has a 52-week low of C$9.49 and a 52-week high of C$16.46.

Osisko gold royalties (TSE:OR) last released its quarterly earnings results on Thursday, August 2nd. The company reported C$0.02 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of C$0.03 by C($0.01). The firm had revenue of C$137.82 million for the quarter. Osisko gold royalties had a negative net margin of 58.74% and a negative return on equity of 13.50%.

The business also recently disclosed a quarterly dividend, which was paid on Monday, October 15th. Stockholders of record on Friday, September 28th were issued a dividend of $0.05 per share. The ex-dividend date of this dividend was Thursday, September 27th. This represents a $0.20 annualized dividend and a dividend yield of 1.92%.

Osisko gold royalties Company Profile

Osisko Gold Royalties Ltd acquires and manages precious metal and other royalties, streams, and similar interests in Canada and internationally. Its assets include the 5% net smelter return (NSR) royalty on the Canadian Malartic mine; the 2.0% to 3.5% NSR royalty on the Eleonore mine; a 9.6% diamond stream on the Renard diamond mine; a 4% gold and silver stream on the Brucejack gold and silver mine; and a silver stream on the Gibraltar mine, all located in Canada.

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Analyst Recommendations for Osisko gold royalties (TSE:OR)

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