Osisko Gold Royalties (TSE:OR) Announces Quarterly Earnings Results

Osisko Gold Royalties (TSE:OR) posted its quarterly earnings data on Wednesday. The company reported C$0.41 earnings per share (EPS) for the quarter, FiscalAI reports. Osisko Gold Royalties had a return on equity of 21.84% and a net margin of 80.76%. The company had revenue of C$128.42 million for the quarter.

Osisko Gold Royalties Stock Down 2.3%

Shares of OR opened at C$49.60 on Friday. Osisko Gold Royalties has a 52-week low of C$38.58 and a 52-week high of C$65.54. The company has a market capitalization of C$9.29 billion, a PE ratio of 33.07, a price-to-earnings-growth ratio of 1.31 and a beta of 1.97. The stock has a fifty day simple moving average of C$49.28 and a two-hundred day simple moving average of C$50.46. The company has a quick ratio of 0.98, a current ratio of 2.28 and a debt-to-equity ratio of 14.78.

Analyst Ratings Changes

Separately, Canadian Imperial Bank of Commerce reduced their target price on Osisko Gold Royalties from C$88.00 to C$85.00 in a report on Thursday, July 16th. One equities research analyst has rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of C$73.33.

Osisko Gold Royalties Company Profile

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.