Haywood Securities Comments on Osisko Gold Royalties Ltd.’s FY2017 Earnings (TSE:OR)

Osisko Gold Royalties Ltd. (TSE:OR) – Equities research analysts at Haywood Securities issued their FY2017 earnings per share estimates for shares of Osisko Gold Royalties in a report released on Wednesday, Zacks Investment Research reports. Haywood Securities analyst K. Smith forecasts that the company will earn $0.35 per share for the year. Haywood Securities also issued estimates for Osisko Gold Royalties’ FY2018 earnings at $0.53 EPS.

OR has been the subject of several other reports. Royal Bank Of Canada dropped their target price on Osisko Gold Royalties from C$21.00 to C$20.00 and set an “outperform” rating for the company in a research note on Tuesday, August 15th. Canaccord Genuity upped their target price on Osisko Gold Royalties from C$20.00 to C$21.50 in a research note on Friday, September 29th. Scotiabank dropped their target price on Osisko Gold Royalties from C$21.00 to C$20.00 and set an “outperform” rating for the company in a research note on Monday, November 6th. Eight Capital reiterated a “neutral” rating on shares of Osisko Gold Royalties in a research note on Thursday, November 16th. Finally, National Bank Financial upped their target price on Osisko Gold Royalties from C$19.00 to C$19.25 and gave the company an “outperform” rating in a research note on Thursday, November 9th. Two investment analysts have rated the stock with a hold rating and six have given a buy rating to the company’s stock. The stock currently has a consensus rating of “Buy” and an average target price of C$19.14.

Osisko Gold Royalties (TSE:OR) traded down C$0.23 during midday trading on Monday, hitting C$14.34. The stock had a trading volume of 303,818 shares, compared to its average volume of 455,184. Osisko Gold Royalties has a 12 month low of C$11.90 and a 12 month high of C$17.58.

The company also recently declared a quarterly dividend, which will be paid on Monday, January 15th. Shareholders of record on Friday, December 29th will be given a dividend of $0.05 per share. This represents a $0.20 dividend on an annualized basis and a yield of 1.39%. The ex-dividend date of this dividend is Thursday, December 28th. Osisko Gold Royalties’s dividend payout ratio (DPR) is presently 62.96%.

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Osisko Gold Royalties Company Profile

Osisko Gold Royalties Ltd (Osisko) is a Canada-based company engaged in the business of acquiring and managing precious metal and other interests in Canada and across the world. The Company’s assets include the Canadian Malartic mine, located in Malartic, Quebec and Eleonore mine, located in the James Bay area in Quebec.

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Earnings History and Estimates for Osisko Gold Royalties (TSE:OR)

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