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Osisko Gold Royalties ( (TSE:OR) ) has issued an announcement.
Osisko Gold Royalties announced preliminary results for the fourth quarter of 2024, reporting 20,005 gold equivalent ounces (GEOs) earned, reaching the mid-point of its guidance range despite a 14% decrease from the previous year due to operational stoppages at the Renard and Eagle mines. The company achieved record revenues and cash margins, with $79.3 million in quarterly revenues and a cash margin of $76.3 million, indicating strong financial performance despite the challenges. With a cash position of $85 million and a notable credit facility, Osisko is well-positioned financially, having completed significant acquisitions and amendments in the last quarter of 2024.
More about Osisko Gold Royalties
Osisko Gold Royalties Ltd operates in the mining industry, primarily focusing on the acquisition and management of precious metal royalties and streams, with a market focus on gold. The company is listed on both the Toronto Stock Exchange and the New York Stock Exchange under the symbol OR.
YTD Price Performance: -2.58%
Average Trading Volume: 578,970
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $3.39B
Find detailed analytics on OR stock on TipRanks’ Stock Analysis page.
