Osisko Gold Royalties Ltd (NYSE:OR) – Research analysts at Cormark lowered their Q4 2017 EPS estimates for Osisko Gold Royalties in a report released on Monday. Cormark analyst R. Gray now expects that the basic materials company will post earnings of $0.02 per share for the quarter, down from their previous estimate of $0.03.

Other equities analysts have also recently issued reports about the company. Desjardins restated a “buy” rating on shares of Osisko Gold Royalties in a report on Monday, December 11th. Scotiabank restated a “buy” rating and set a $20.00 target price on shares of Osisko Gold Royalties in a report on Monday, November 6th. Finally, Zacks Investment Research upgraded Osisko Gold Royalties from a “sell” rating to a “hold” rating in a report on Tuesday, January 30th. Two analysts have rated the stock with a hold rating and four have given a buy rating to the stock. The company has an average rating of “Buy” and a consensus price target of $18.25.

Osisko Gold Royalties (NYSE OR) opened at $10.83 on Thursday. Osisko Gold Royalties has a twelve month low of $10.02 and a twelve month high of $14.39. The company has a market capitalization of $1,666.03, a PE ratio of 53.05 and a beta of -0.39. The company has a current ratio of 6.18, a quick ratio of 5.80 and a debt-to-equity ratio of 0.10.

Several institutional investors and hedge funds have recently made changes to their positions in OR. Premia Global Advisors LLC purchased a new position in shares of Osisko Gold Royalties in the 4th quarter valued at about $115,000. PEAK6 Investments L.P. boosted its stake in shares of Osisko Gold Royalties by 207.6% in the 4th quarter. PEAK6 Investments L.P. now owns 10,989 shares of the basic materials company’s stock valued at $127,000 after buying an additional 7,417 shares during the period. Virtu Financial LLC purchased a new position in shares of Osisko Gold Royalties in the 3rd quarter valued at about $145,000. Scotia Capital Inc. purchased a new position in shares of Osisko Gold Royalties in the 4th quarter valued at about $194,000. Finally, Bank of New York Mellon Corp boosted its stake in shares of Osisko Gold Royalties by 61.8% in the 4th quarter. Bank of New York Mellon Corp now owns 19,382 shares of the basic materials company’s stock valued at $225,000 after buying an additional 7,401 shares during the period. Institutional investors and hedge funds own 43.88% of the company’s stock.

TRADEMARK VIOLATION WARNING: This report was originally published by The Cerbat Gem and is owned by of The Cerbat Gem. If you are viewing this report on another website, it was illegally stolen and republished in violation of US and international trademark & copyright laws. The original version of this report can be accessed at https://www.thecerbatgem.com/2018/02/15/cormark-brokers-reduce-earnings-estimates-for-osisko-gold-royalties-ltd-or.html.

Osisko Gold Royalties Company Profile

Osisko Gold Royalties Ltd. acquires and manages precious metal and other royalties and streams, and similar interests in the Americas. It has 5% net smelter returns (NSR) royalty on the Canadian Malartic property located in the province of Québec, Canada; and 2% to 3.5% NSR royalty on the Éléonore mine situated in the James Bay area in Québec, Canada.

Earnings History and Estimates for Osisko Gold Royalties (NYSE:OR)

Receive News & Ratings for Osisko Gold Royalties Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Osisko Gold Royalties and related companies with MarketBeat.com's FREE daily email newsletter.