National Bank Financial Forecasts TSE:OR FY2024 Earnings

Osisko Gold Royalties Ltd (TSE:OR) – Analysts at National Bank Financial boosted their FY2024 earnings per share (EPS) estimates for shares of Osisko Gold Royalties in a research note issued to investors on Monday, February 10th. National Bank Financial analyst S. Nagle now expects that the company will post earnings per share of $0.77 for the year, up from their prior forecast of $0.75. National Bank Financial also issued estimates for Osisko Gold Royalties’ Q4 2024 earnings at $0.28 EPS and FY2025 earnings at $1.21 EPS.

A number of other equities analysts have also recently commented on OR. National Bankshares lowered their target price on Osisko Gold Royalties from C$35.00 to C$34.00 and set an “outperform” rating for the company in a report on Tuesday. CIBC increased their price target on Osisko Gold Royalties from C$36.00 to C$39.00 in a research report on Monday, December 2nd. Stifel Nicolaus increased their price target on Osisko Gold Royalties from C$29.00 to C$31.00 in a research report on Monday, October 21st. TD Securities lowered Osisko Gold Royalties from a “buy” rating to a “hold” rating in a research report on Monday, November 11th. Finally, BMO Capital Markets increased their price target on Osisko Gold Royalties from C$27.00 to C$28.00 in a research report on Thursday, November 7th.

Osisko Gold Royalties Stock Performance

Shares of Osisko Gold Royalties stock opened at C$29.17 on Wednesday. The business has a 50-day moving average of C$27.04 and a 200 day moving average of C$25.91. Osisko Gold Royalties has a 12 month low of C$17.41 and a 12 month high of C$29.59. The stock has a market capitalization of C$5.43 billion, a price-to-earnings ratio of -58.34, a price-to-earnings-growth ratio of 1.31 and a beta of 0.90. The company has a debt-to-equity ratio of 7.00, a current ratio of 4.92 and a quick ratio of 0.98.

About Osisko Gold Royalties

Osisko Gold Royalties Ltd acquires and manages precious metal and other royalties, streams, and other interests in Canada and internationally. It also owns options on offtake; royalty/stream financings; and exclusive rights to participate in future royalty/stream financings on various projects. The company's primary asset is a 3-5% net smelter return royalty on the Canadian Malartic complex located in Canada.