JFrog stock rises as Cantor Fitzgerald maintains Overweight rating after strong Q2
Osisko Gold Royalties Ltd (NYSE:OR) has reached an all-time high, with its stock price soaring to $24.71. This milestone reflects a significant uptrend for the company, which has seen an impressive 50.99% increase over the past year. The company’s strong momentum is evidenced by its 35.27% year-to-date return and robust market capitalization of $4.61 billion. According to InvestingPro analysis, the stock appears slightly overvalued at current levels. Investors have shown growing confidence in Osisko’s ability to leverage its portfolio of royalties and streams in the gold mining sector, amid a market that has been favorable to precious metals. The company’s strategic management and strong asset base are key factors contributing to this record-setting performance, with an impressive gross profit margin of 96.52% and a healthy current ratio of 4.98. InvestingPro subscribers can access 12+ additional key metrics and insights in the comprehensive Pro Research Report, helping investors make more informed decisions about this precious metals royalty company.
In other recent news, Osisko Gold Royalties Ltd announced a 20% increase in its quarterly dividend, with US$0.055 per common share to be paid on July 15, 2025, to shareholders of record as of June 30, 2025. This marks an increase from the previous dividend, reflecting the company’s decision to enhance shareholder returns. Additionally, Osisko offers a dividend reinvestment plan for Canadian and U.S. shareholders, allowing dividends to be reinvested in additional common shares. The dividend is designated as "eligible" for Canadian tax purposes, and Canadian shareholders will receive the equivalent amount in Canadian dollars. In another development, Osisko received endorsements from Institutional Shareholder Services (ISS) and Glass Lewis (JO:LEWJ) & Co. for all proposed resolutions at its upcoming Annual and Special Meeting of Shareholders. These endorsements may influence shareholder decisions as the meeting approaches. The meeting is scheduled for May 8, 2025, in Montréal, Québec, and shareholders are encouraged to vote by May 6, 2025.
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