Osisko Gold Royalties (NYSE:OR) released its quarterly earnings data on Tuesday. The basic materials company reported $0.01 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.03 by ($0.02), Briefing.com reports. The firm had revenue of $109.60 million for the quarter, compared to the consensus estimate of $82.45 million. Osisko Gold Royalties had a net margin of 25.47% and a return on equity of 2.04%. The business’s revenue for the quarter was up 700.0% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.07 earnings per share.
Shares of Osisko Gold Royalties (OR) traded down $1.08 during mid-day trading on Tuesday, reaching $9.55. The company had a trading volume of 688,175 shares, compared to its average volume of 707,074. The company has a current ratio of 6.18, a quick ratio of 5.80 and a debt-to-equity ratio of 0.10. The firm has a market cap of $1,669.17, a price-to-earnings ratio of 53.15 and a beta of -0.40. Osisko Gold Royalties has a twelve month low of $9.51 and a twelve month high of $14.39.
A number of analysts have recently issued reports on the company. Zacks Investment Research upgraded Osisko Gold Royalties from a “sell” rating to a “hold” rating in a research report on Tuesday, February 13th. Desjardins restated a “buy” rating on shares of Osisko Gold Royalties in a research report on Monday, December 11th. Finally, Scotiabank restated a “buy” rating and set a $20.00 price objective on shares of Osisko Gold Royalties in a research report on Monday, November 6th. Two research analysts have rated the stock with a hold rating and four have given a buy rating to the stock. The stock has an average rating of “Buy” and an average target price of $18.25.
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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.
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