Osisko Gold Royalties (TSE:OR – Get Free Report) posted its quarterly earnings results on Wednesday. The company reported C$0.43 earnings per share for the quarter, FiscalAI reports. Osisko Gold Royalties had a net margin of 80.76% and a return on equity of 21.84%. The business had revenue of C$128.42 million during the quarter.
Osisko Gold Royalties Trading Down 1.8%
Shares of Osisko Gold Royalties stock traded down C$0.94 on Wednesday, hitting C$50.79. The stock had a trading volume of 213,119 shares, compared to its average volume of 406,783. The company has a quick ratio of 0.98, a current ratio of 2.28 and a debt-to-equity ratio of 14.78. Osisko Gold Royalties has a one year low of C$38.58 and a one year high of C$65.54. The stock has a market cap of C$9.51 billion, a price-to-earnings ratio of 33.86, a PEG ratio of 1.31 and a beta of 1.97. The stock’s 50-day simple moving average is C$49.28 and its two-hundred day simple moving average is C$50.58.
Wall Street Analyst Weigh In
Separately, Canadian Imperial Bank of Commerce decreased their price objective on Osisko Gold Royalties from C$88.00 to C$85.00 in a report on Thursday, July 16th. One investment analyst has rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of C$73.33.
Read Our Latest Stock Report on OR
About Osisko Gold Royalties
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.
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