Osisko gold royalties Ltd (TSE:OR) – Equities researchers at Cormark reduced their Q1 2018 earnings per share estimates for Osisko gold royalties in a note issued to investors on Wednesday. Cormark analyst R. Gray now anticipates that the company will earn $0.04 per share for the quarter, down from their previous forecast of $0.06. Cormark also issued estimates for Osisko gold royalties’ Q2 2018 earnings at $0.04 EPS, Q3 2018 earnings at $0.04 EPS, Q4 2018 earnings at $0.05 EPS, FY2018 earnings at $0.17 EPS, Q1 2019 earnings at $0.06 EPS, Q2 2019 earnings at $0.06 EPS, Q3 2019 earnings at $0.06 EPS and Q4 2019 earnings at $0.06 EPS.
A number of other equities research analysts also recently weighed in on OR. CIBC decreased their price objective on Osisko gold royalties from C$19.00 to C$17.00 in a report on Thursday, December 14th. Desjardins reaffirmed a “buy” rating on shares of Osisko gold royalties in a report on Monday, December 11th. Canaccord Genuity lifted their price objective on Osisko gold royalties from C$21.50 to C$22.00 in a report on Monday, November 13th. Scotiabank decreased their price objective on Osisko gold royalties from C$21.00 to C$20.00 and set an “outperform” rating on the stock in a report on Monday, November 6th. Finally, Eight Capital reaffirmed a “neutral” rating on shares of Osisko gold royalties in a report on Thursday, November 16th. One analyst has rated the stock with a hold rating and eight have issued a buy rating to the stock. The stock presently has a consensus rating of “Buy” and an average price target of C$18.00.
The business also recently disclosed a quarterly dividend, which will be paid on Monday, April 16th. Shareholders of record on Friday, March 30th will be issued a dividend of $0.05 per share. This represents a $0.20 dividend on an annualized basis and a yield of 1.62%. The ex-dividend date of this dividend is Wednesday, March 28th. Osisko gold royalties’s payout ratio is -77.27%.
In other Osisko gold royalties news, Director Sean Roosen bought 5,000 shares of Osisko gold royalties stock in a transaction dated Thursday, February 22nd. The shares were acquired at an average cost of C$12.36 per share, with a total value of C$61,800.00. Also, insider Elif Lévesque bought 4,045 shares of Osisko gold royalties stock in a transaction dated Thursday, February 22nd. The stock was acquired at an average cost of C$12.35 per share, for a total transaction of C$49,955.75.
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Osisko gold royalties Company Profile
Osisko Gold Royalties Ltd (Osisko) is a Canada-based company engaged in the business of acquiring and managing precious metal and other interests in Canada and across the world. The Company’s assets include the Canadian Malartic mine, located in Malartic, Quebec and Eleonore mine, located in the James Bay area in Quebec.
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