The Zacks Analyst Blog Highlights: Osisko Gold Royalties, Chewy, VeriSign, AXT and Universal Technical Institute

In a press release on April 8th regarding actions taken by Reykjavik Energy (OR) and its subsidiaries due to Covid-19, it was stated that OR‘s Board of Directors had that same day approved to increase the company‘s authorization for financing in the form of bonds, bills or bank loans from ISK 13bn to up to ISK 30bn. As stated in the press release, the reasons for this increased financing need are increased investments and dividend payments and generally worse economic conditions overall. OR has a very strong strong financial position, with a cash position of over ISK 21bn in addition to access to credit lines of ISK 7bn through 2020.

MONTRÉAL, April 14, 2020 (GLOBE NEWSWIRE) -- Osisko Gold Royalties Ltd (the “Corporation” or “Osisko”) (OR: TSX & NYSE) announces today that the Québec Government has made the decision to classify mining activities as an essential service. Following the Government’s decision, the operators of the Canadian Malartic and the Lamaque mines announced that a phased resumption of their respective activities will begin on April 15, 2020. Stornoway, the Renard diamond mine operator, has decided to keep the mine on care and maintenance for the time being, given the structural challenges still affecting diamond market sales as well as the depressed prices for diamonds due to COVID-19.

The operations of Orkuveita Reykjavíkur (OR; Reykjavik Energy) were solid in the first quarter of the year. Operational profit amounted to ISK 5.5 billion but due to unfavorable.

Osisko Gold Royalties Ltd (“Osisko”) (OR: TSX & NYSE) is pleased to announce that it has completed an amendment to its 75% silver stream (the “Silver Stream”) with respect to the Gibraltar copper mine (“Gibraltar”), located in British Columbia, Canada, which is operated by a wholly-owned subsidiary of Taseko Mines Limited (“Taseko”). Osisko and Taseko have amended the Silver Stream by reducing the price paid by Osisko for each ounce of refined silver from USD $2.75 to nil in exchange for cash consideration of CAD $8.5 million to Taseko.

MONTRÉAL, April 17, 2020 -- Osisko Gold Royalties Ltd (the “Corporation” or “Osisko”) (TSX & NYSE:OR) announces that its Annual Information Form, Consolidated Annual.

Osisko Gold (OR) delivered earnings and revenue surprises of 0.00% and 49.43%, respectively, for the quarter ended March 2020. Do the numbers hold clues to what lies ahead for the stock?

Today, April 22nd 2020, Reykjavik Energy (OR) sold new bonds in the Green Bond series OR180255 GB. The new issue amounted to ISK 2,000 million nominal value and the bonds were.

Osisko Gold (OR) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

MONTRÉAL, May 12, 2020 -- Osisko Gold Royalties Ltd (the “Company” or “Osisko”) (OR: TSX & NYSE) today announced its consolidated financial results for the first.

Osisko Gold Royalties Ltd (the “Company” or “Osisko”) (OR: TSX & NYSE) today announced that The Hon. John Baird has been appointed to its Board of Directors. Mr. Baird was a Member of Parliament for three terms, serving with distinction in a number of senior cabinet portfolios.

Today on the call we have Mr. Sean Roosen, Chair of the Board of Directors and Chief Executive Officer of Osisko Gold Royalties; Mr. Sandeep Singh, President of Osisko Gold Royalties; and Mr. Frederic Ruel, Chief Financial Officer and Vice President, Finance. Thank you for taking your time this morning.

Palm Valley Capital recently released its Q1 2020 Investor Letter, a copy of which you can download below. The fund posted a return of 0.79% for the quarter, outperforming its benchmark, the S&P Small Cap 600 Index which returned -32.65% in the same quarter. You should check out Palm Valley Capital’s top 5 stock picks […]

Reykjavik Energy‘s (OR) Board of Directors approved today, April 8th, actions to respond to the impact that the Covid-19 epidemic is expected to have on the Icelandic economy and the labor market. Veitur Utilities, one of OR‘s subsidiaries, have recently identified projects which might be considered but it is expected that constructions on supply systems will be the main pillar of the investment projects launched this year. It is assumed that the projects will be labor-intensive and that they will be in the operational area of Veitur Utilities.

Osisko Gold Royalties Ltd (the “Company” or “Osisko”) (OR: TSX & NYSE) is pleased to announce a second quarter 2020 dividend of C$0.05 per common share. The dividend will be paid on July 15, 2020 to shareholders of record as of the close of business on June 30, 2020. For shareholders residing in the United States, the U.S. dollar equivalent will be determined based on the daily rate published by the Bank of Canada on June 30, 2020.

Osisko Gold Royalties Ltd (the “Company” or “Osisko”) (OR: TSX & NYSE) is pleased to announce that it has entered into an agreement with Investissement Québec, a well known Québec institution and long-term supporter of Osisko, for a non-brokered private placement of 7,727,273 common shares (the “Common Shares”) of the Company at a price of $11.00 per Common Share (the “Private Placement”). After the closing of the Private Placement, Investissement Québec will hold 5.04% of the issued and outstanding shares of the Company.

Regular readers will know that we love our dividends at Simply Wall St, which is why it's exciting to see Osisko Gold...

Fitch Ratings has affirmed Orkuveita Reykjavikur's (RE) Long-Term Issuer Default Rating (IDR) at 'BB+' with a Stable Outlook. Fitch´s release is attached. Contact:Ingvar.

Osisko Gold Royalties Ltd (the “Company” or “Osisko”) (OR: TSX & NYSE) is pleased to announce, further to its press release dated March 30th 2020, that the Company has completed a private placement of 7,727,273 common shares (the “Common Shares”) at a price of $11.00 per Common Share for total gross proceeds of $85,000,003 (the “Private Placement”) with Investissement Québec. The net proceeds from the Private Placement will be used for general working capital purposes. The Common Shares issued under the Private Placement are subject to a four-month hold period from the date of issuance of the Common Shares under applicable Canadian securities laws.

Q1 2020 Osisko Gold Royalties Ltd Earnings Call