Osisko Gold Royalties (NYSE:OR) posted its earnings results on Tuesday. The basic materials company reported $0.01 EPS for the quarter, missing the Zacks’ consensus estimate of $0.03 by ($0.02), Briefing.com reports. Osisko Gold Royalties had a negative net margin of 20.24% and a positive return on equity of 1.55%. The business had revenue of $109.60 million for the quarter, compared to analyst estimates of $82.45 million. During the same quarter last year, the business earned $0.07 earnings per share. Osisko Gold Royalties’s revenue was up 700.0% on a year-over-year basis.

Osisko Gold Royalties (NYSE:OR) traded up $0.06 during mid-day trading on Thursday, hitting $9.80. 150,190 shares of the stock traded hands, compared to its average volume of 713,988. The stock has a market cap of $1,521.57, a price-to-earnings ratio of -57.29 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. Osisko Gold Royalties has a 1 year low of $9.51 and a 1 year high of $14.39.

The company also recently declared a quarterly dividend, which will be paid on Monday, April 16th. Stockholders of record on Friday, March 30th will be given a dividend of $0.04 per share. This represents a $0.16 annualized dividend and a dividend yield of 1.63%. The ex-dividend date is Wednesday, March 28th. This is a positive change from Osisko Gold Royalties’s previous quarterly dividend of $0.04. Osisko Gold Royalties’s payout ratio is presently -94.11%.

Several equities research analysts recently issued reports on OR shares. Scotiabank reiterated a “buy” rating and issued a $20.00 price objective on shares of Osisko Gold Royalties in a report on Monday, November 6th. Desjardins reissued a “buy” rating on shares of Osisko Gold Royalties in a research note on Monday, December 11th. Finally, Zacks Investment Research lowered shares of Osisko Gold Royalties from a “hold” rating to a “sell” rating in a research report on Wednesday, January 24th. One equities research analyst has rated the stock with a sell rating, one has issued a hold rating and four have assigned a buy rating to the stock. The stock presently has a consensus rating of “Buy” and a consensus price target of $18.25.

A number of hedge funds and other institutional investors have recently made changes to their positions in the business. Premia Global Advisors LLC purchased a new stake in Osisko Gold Royalties in the fourth quarter valued at $115,000. PEAK6 Investments L.P. lifted its position in Osisko Gold Royalties by 207.6% in the fourth quarter. PEAK6 Investments L.P. now owns 10,989 shares of the basic materials company’s stock valued at $127,000 after acquiring an additional 7,417 shares during the last quarter. Virtu Financial LLC purchased a new stake in shares of Osisko Gold Royalties in the third quarter valued at about $145,000. Scotia Capital Inc. purchased a new stake in shares of Osisko Gold Royalties in the fourth quarter valued at about $194,000. Finally, Bank of New York Mellon Corp raised its holdings in shares of Osisko Gold Royalties by 61.8% in the fourth 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 last quarter. 47.68% of the stock is currently owned by institutional investors.

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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 for Osisko Gold Royalties (NYSE:OR)

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