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Osisko Gold Royalties Ltd - OR STOCK NEWS

Welcome to our dedicated page for Osisko Gold Royalties news (Ticker: OR), a resource for investors and traders seeking the latest updates and insights on Osisko Gold Royalties stock.

Osisko Gold Royalties Ltd (symbol: OR) is an intermediate precious metal royalty company primarily focused on the Americas. Since its inception in June 2014, Osisko has built a diversified portfolio that includes over 130 royalties, streams, and precious metal offtakes. The company's core business revolves around acquiring and managing these assets to generate steady revenue streams.

Portfolio and Key Assets:

  • Canadian Malartic Mine: Osisko holds a 5% net smelter return royalty on the largest gold mine in Canada, the Canadian Malartic Mine.
  • Publicly Held Resource Companies: Osisko's portfolio includes significant stakes in various publicly traded companies, such as a 15.5% interest in Osisko Mining Inc., 12.8% in Osisko Metals Incorporated, 12.7% in Falco Resources Ltd., and 32.7% in Barkerville Gold Mines Ltd.

Business Segments: The company operates under two main segments:

  • Precious Metals and Royalties: This segment focuses on acquiring and managing royalties, streams, and other similar interests in high-quality precious metal projects.
  • Exploration and Development: In addition to managing its royalty portfolio, Osisko is involved in the exploration, evaluation, and development of mining projects.

Geographical Reach: While Osisko generates the majority of its income from North America, it also has interests in projects across South America, Australia, Africa, and Europe.

Financial Performance: Osisko reported record annual revenues of $247.3 million and operating cash flows of $187.0 million for the year ending December 31, 2023. The company's strong financial performance reflects its strategic acquisitions and effective management of its extensive portfolio.

With its robust portfolio and strong financial base, Osisko Gold Royalties Ltd continues to be a significant player in the precious metals industry, offering investors diversified exposure to high-quality royalty and streaming assets.

News
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Osisko Gold Royalties (OR) has reported that its partner, Victoria Gold Corp., experienced a failure at the heap leach pad of the Eagle Gold Mine in Yukon Territory. Operations have been temporarily suspended while the situation is assessed. Infrastructure damage has occurred, and some material has left containment, though no injuries were reported. Osisko holds a 5% NSR royalty on Eagle until 97,500 ounces of gold are delivered, and a 3% NSR royalty thereafter. The royalty covers the entire Dublin Gulch property, including Eagle, Olive ore deposits, and key exploration targets. Osisko is closely monitoring the situation and maintaining communication with Victoria.

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Osisko Gold Royalties announced the results of its annual meeting of shareholders, reporting the election of 9 nominees as directors of the A total of 149,592,121 common shares were present, representing 80.47% of the outstanding shares. The also appointed PricewaterhouseCoopers, LLP as independent auditor and approved various resolutions related to share purchase plans. Osisko Gold Royalties is an intermediate precious metal royalty company with a diverse portfolio of over 185 royalties and streams, anchored by a significant net smelter return royalty on the Canadian Malartic Complex.

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Osisko Gold Royalties has declared an 8% increase in the second quarter 2024 dividend, amounting to C$0.065 per common share. This marks the 39th consecutive quarterly dividend, to be paid on July 15, 2024, to shareholders of record as of June 28, 2024. The Company also offers a dividend reinvestment plan for shareholders in Canada and the United States.

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Osisko Gold Royalties reported strong Q1 2024 results with operating cash flows of $50.4 million, cash margin of 97%, an 8% increase in quarterly dividend, and various financial achievements. The company earned 22,259 gold equivalent ounces, generated $60.8 million in revenues from royalties and streams, had net earnings of $15.1 million, and adjusted earnings of $29.7 million. Additionally, Osisko made repayments on its credit facility, had a cash balance of $70.6 million, and appointed a new board member. Following the quarter, the company made additional repayments on its credit facility, extended the maturity date, published sustainability reports, declared an increased dividend, and expects stronger GEO deliveries in the future. The CEO expressed confidence in the company's performance and growth prospects.

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Osisko Gold Royalties announces the publication of its 2023 Sustainability Report, showcasing key ESG achievements. The report highlights environmental stewardship, employee and community support, governance excellence, and transparency. Osisko aims to create long-term value through responsible practices and collaboration.
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Osisko Gold Royalties provides a positive update on its first quarter 2024 results, reporting 22,259 GEOs earned, $60.7 million in revenues, and a cash margin of $58.9 million. The 's cash position stands at $70.6 million as of March 31st, 2024, with various asset updates highlighted.
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Osisko Gold Royalties announces the filing of its Annual Information Form, Financial Statements, and Management's Discussion and Analysis for the year ended December 31, 2023. Shareholders can access these documents online or request hard copies from the Investor Relations Department.
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Osisko Gold Royalties Ltd announces a first quarter 2024 dividend of C$0.06 per common share, payable on April 15, 2024. The Company also offers a dividend reinvestment plan for shareholders.
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Osisko Gold Royalties Ltd announces record annual revenues of $247.3 million and record operating cash flows of $187.0 million for the year-end 2023. The company also highlights key financial figures, new transactions, executive appointments, and dividend declarations. Guidance for 2024 and a 5-year outlook are provided, with expectations of GEOs earned and portfolio growth.
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Osisko Gold Royalties Ltd announces the resignation of The Honourable Mr. John R. Baird as a director of the Corporation. Mr. Baird served as an independent board member and Chair of the Governance and Nomination Committee. The Corporation expresses gratitude for his contributions and wishes him success in his future endeavors.
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FAQ

What is the current stock price of Osisko Gold Royalties (OR)?

The current stock price of Osisko Gold Royalties (OR) is $19.16 as of December 6, 2024.

What is the market cap of Osisko Gold Royalties (OR)?

The market cap of Osisko Gold Royalties (OR) is approximately 3.6B.

What is Osisko Gold Royalties Ltd?

Osisko Gold Royalties Ltd is an intermediate precious metal royalty company focused on acquiring and managing royalties, streams, and other interests, primarily in North America.

When did Osisko Gold Royalties Ltd commence its activities?

Osisko Gold Royalties Ltd started its activities in June 2014.

What are some key assets in Osisko's portfolio?

Osisko's key assets include a 5% net smelter return royalty on the Canadian Malartic Mine and significant stakes in public resource companies like Osisko Mining Inc. and Barkerville Gold Mines Ltd.

What are Osisko's main business segments?

Osisko operates under two main segments: acquiring and managing precious metal royalties, streams, and other interests, and the exploration, evaluation, and development of mining projects.

Where does Osisko generate most of its income?

Osisko generates the majority of its income from North America but also has interests in other regions including South America, Australia, Africa, and Europe.

How did Osisko perform financially in 2023?

Osisko reported record annual revenues of $247.3 million and operating cash flows of $187.0 million for the year ending December 31, 2023.

What is the significance of the Canadian Malartic Mine to Osisko?

The Canadian Malartic Mine is the largest gold mine in Canada, and Osisko holds a 5% net smelter return royalty on this significant asset.

Does Osisko have any interests in publicly traded companies?

Yes, Osisko holds interests in several publicly traded resource companies including Osisko Mining Inc., Osisko Metals Incorporated, Falco Resources Ltd., and Barkerville Gold Mines Ltd.

What type of projects does Osisko focus on?

Osisko focuses on high-quality precious metal projects, acquiring and managing royalties, streams, and similar interests.

What makes Osisko a significant player in the precious metals industry?

Osisko's diversified portfolio, strategic acquisitions, and robust financial performance make it a key player in the precious metals industry.

Osisko Gold Royalties Ltd

NYSE:OR

OR Rankings

OR Stock Data

3.61B
185.73M
0.38%
81.37%
2%
Gold
Basic Materials
Link
United States of America
Montreal