Stornoway Extends Care and Maintenance Period at Renard Diamond Mine [Canadian Business Journal (Canada)]
Osisko Gold Royalties Ltd Common Shares (OR)
Last osisko gold royalties ltd common shares earnings: 2/19 06:00 pm
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Source: Canadian Business Journal
LONGUEUIL, Québec,, April 14, 2020 (GLOBE NEWSWIRE) —Stornoway Diamonds (Canada) Inc. (the “Corporation” or “Stornoway”)The operations located in the James Bay territory had been suspended on March 24Diamond MarketDespite positive signs in the diamond market in early 2020, the recent COVID-19 pandemic has resulted in the entire marketing chain and diamond price to collapse.Key factors affecting the diamond market include:Global travel bans limiting access for buyers to diamond sightings in Antwerp, Belgium;Social distancing measures and poor financial market conditions affecting the rough diamond polishing operations; andThe general global economic conditions have impacted adversely retail demand and price.Renard OperationsThe Renard operations will continue to be maintained on a care and maintenance basis, which will allow an efficient start up once favorable market conditions return. The operations are being secured to ensure no impact on the environment. A small group of employees
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- OR Royalties (NYSE:OR) was upgraded by analysts at <a style="font-weight:bold" href="https://www.wallstreetzen.com/newsletters/zen-ratings?ticker=OR&utm_campaign=getratings&utm_medium=online&utm_source=MarketBeat">Wall Street Zen</a> froMarketBeat
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- OR Royalties Inc. (OR:CA) Analyst/Investor Day Transcript [Seeking Alpha]Seeking Alpha
- OR Royalties (NYSE:OR) was upgraded by analysts at <a style="font-weight:bold" href="https://weissratings.com/">Weiss Ratings</a> from a "hold (c+)" rating to a "buy (b)" rating.MarketBeat
- OR Royalties (NYSE:OR) was upgraded by analysts at Raymond James Financial, Inc. from a "market perform" rating to an "outperform" rating. They now have a $41.00 price target on the stock.MarketBeat
OR
Earnings
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- OR's page on the SEC website