Osisko gold royalties Ltd (TSE:OR) Plans Quarterly Dividend of $0.05

Osisko gold royalties Ltd (TSE:OR) declared a quarterly dividend on Wednesday, July 31st, Zacks reports. Investors of record on Monday, September 30th will be given a dividend of 0.05 per share on Tuesday, October 15th. This represents a $0.20 annualized dividend and a yield of 1.25%. The ex-dividend date of this dividend is Friday, September 27th.

Shares of OR stock opened at C$15.99 on Friday. The company has a market cap of $2.27 billion and a price-to-earnings ratio of -18.55. Osisko gold royalties has a fifty-two week low of C$9.27 and a fifty-two week high of C$16.39. The stock has a 50 day simple moving average of C$14.44. The company has a current ratio of 5.84, a quick ratio of 5.80 and a debt-to-equity ratio of 19.34.

Osisko gold royalties (TSE:OR) last issued its quarterly earnings data on Wednesday, May 1st. The company reported C$0.04 earnings per share for the quarter, hitting the Zacks’ consensus estimate of C$0.04. The business had revenue of C$100.73 million during the quarter, compared to the consensus estimate of C$121.00 million. On average, research analysts forecast that Osisko gold royalties will post 0.28 EPS for the current fiscal year.

A number of equities research analysts have recently weighed in on OR shares. Canaccord Genuity lifted their price objective on Osisko gold royalties from C$18.00 to C$18.50 in a research report on Friday, July 19th. National Bank Financial reiterated a “sector perform” rating and issued a C$17.00 price objective on shares of Osisko gold royalties in a research report on Friday, July 12th. Raymond James reiterated an “outperform” rating and issued a C$16.50 price objective on shares of Osisko gold royalties in a research report on Friday, May 3rd. Desjardins cut Osisko gold royalties from a “buy” rating to a “hold” rating in a research note on Friday, April 12th. Finally, CIBC raised their target price on Osisko gold royalties from C$18.00 to C$18.50 in a research note on Monday, July 15th. Three analysts have rated the stock with a hold rating and two have given a buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and an average price target of C$16.75.

Osisko gold royalties Company Profile

Osisko Gold Royalties Ltd acquires and manages precious metal and other royalties, streams, and similar interests in Canada and internationally. Its assets include the 5% net smelter return (NSR) royalty on the Canadian Malartic mine; the 2.0% to 3.5% NSR royalty on the Eleonore mine; a 9.6% diamond stream on the Renard diamond mine; a 4% gold and silver stream on the Brucejack gold; a 3% NSR royalty on the Seabee gold operations located in Saskatchewan, Canada; and the 1.38% to 2.55% NSR royalty on the Island Gold mine.

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Dividend History for Osisko gold royalties (TSE:OR)

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