RBC Capital Maintains Outperform on OR Royalties, Raises Price Target to $47
RBC Capital analyst Josh Wolfson maintains OR Royalties (NYSE:OR) with a Outperform and raises the price target from $45 to $47.
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Scotiabank Maintains Sector Perform on OR Royalties, Lowers Price Target to $42
Scotiabank analyst Tanya Jakusconek maintains OR Royalties (NYSE:OR) with a Sector Perform and lowers the price target from $51 to $42.
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Shares of precious-metals-related companies are trading higher alongside gains in gold and silver prices as Treasury yields and the U.S. dollar decline following the Treasury Department’s announcement that it would double the size of liquidity-support buyback operations for longer-dated bonds.
OR Royalties Q2 Adj. EPS $0.32 Up From $0.18 YoY, Sales $97.820M Up From $60.364M YoY
OR Royalties (TSX:OR) reported quarterly earnings of $0.32 per share. This is a 77.78 percent increase over earnings of $0.18 per share from the same period last year. The company reported $97.820 million in sales this
Shares of precious metal-related companies are trading higher amid rising gold prices, spurred by a weaker dollar and anticipation of a deal over the Strait of Hormuz that would ease inflation and future rate-hike concerns.