Brokers Set Expectations for OR Q4 Earnings

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

Several other research analysts have also commented on the company. TD Securities lowered Osisko Gold Royalties from a “strong-buy” rating to a “hold” rating in a research report on Monday, November 11th. TD Cowen lowered Osisko Gold Royalties from a “buy” rating to a “hold” rating in a research note on Monday, November 11th.

Osisko Gold Royalties Stock Performance

Osisko Gold Royalties stock opened at $19.63 on Thursday. The company has a debt-to-equity ratio of 0.05, a current ratio of 4.40 and a quick ratio of 4.40. The firm has a fifty day moving average of $18.79 and a 200-day moving average of $18.57. Osisko Gold Royalties has a 52-week low of $12.77 and a 52-week high of $21.29.

Institutional Trading of Osisko Gold Royalties

A number of hedge funds and other institutional investors have recently modified their holdings of OR. Fiera Capital Corp raised its holdings in Osisko Gold Royalties by 3.7% in the third quarter. Fiera Capital Corp now owns 762,075 shares of the basic materials company’s stock valued at $14,133,000 after acquiring an additional 26,917 shares in the last quarter. Polar Asset Management Partners Inc. bought a new position in shares of Osisko Gold Royalties during the third quarter worth about $746,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its stake in Osisko Gold Royalties by 45.5% in the third quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 420,462 shares of the basic materials company’s stock worth $7,783,000 after purchasing an additional 131,558 shares in the last quarter. Principal Financial Group Inc. increased its holdings in Osisko Gold Royalties by 5.7% in the third quarter. Principal Financial Group Inc. now owns 1,527,110 shares of the basic materials company’s stock valued at $28,316,000 after buying an additional 82,150 shares during the last quarter. Finally, Anson Funds Management LP raised its stake in Osisko Gold Royalties by 64.3% during the third quarter. Anson Funds Management LP now owns 217,700 shares of the basic materials company’s stock valued at $4,032,000 after buying an additional 85,200 shares in the last quarter. 68.52% of the stock is owned by hedge funds and other 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.