Osisko Reports Q1 2025 Results

About this update from Or Royalties Inc.

[{"type":"text","content":"Osisko Reports Q1 2025 ResultsStrong Cash Flows of $46.1 Million from Operating Activities\n\n\n\n MONTRÉAL, May 07, 2025 (GLOBE NEWSWIRE) -- Osisko Gold Royalties Ltd (the “\n \n Company\n \n ” or “\n \n Osisko\n \n ”) (OR: TSX & NYSE) today announced its consolidated financial results for the first quarter of 2025. Amounts presented are in United States dollars, except where otherwise noted.\n \n\n\n Highlights\n \n\n\n\n 19,014 gold equivalent ounces (“GEOs”\n \n 1\n \n ) earned (22,259 GEOs in Q1 2024\n \n 2\n \n );\n \n\n Revenues from royalties and streams of $54.9 million ($45.0 million in Q1 2024);\n \n\n Cash flows generated by operating activities of $46.1 million ($37.4 million in Q1 2024);\n \n\n Quarterly cash margin\n \n 3\n \n of $53.3 million or 97.1% ($43.7 million or 97.0% in Q1 2024);\n \n\n Net earnings of $25.6 million, $0.14 per basic share ($11.2 million, $0.06 per basic share in Q1 2024);\n \n\n Adjusted earnings\n \n 3\n \n of $29.5 million, $0.16 per basic share ($22.0 million, $0.12 per basic share in Q1 2024);\n \n\n Net repayment of $19.6 million under the revolving credit facility;\n \n\n Cash balance of $63.1 million and debt of $74.3 million as at March 31, 2025;\n \n\n Acquisition of a 1.5% net smelter return (“NSR”) royalty from Japan Gold Corp. (“Japan Gold”) on Japan Gold’s wholly-controlled properties in Japan for cash consideration of $5.0 million; and\n \n\n Declaration of a quarterly dividend of C$0.065 per common share paid on April 15, 2025 to shareholders of record as of the close of business on March 31, 2025.\n \n\n\n\n Subsequent to March 31, 2025\n \n\n\n\n Additional repayments of $30.0 million under the Company’s revolving credit facility;\n \n\n First payment received from Talisker Resources Ltd. under the Bralorne 1.7% NSR royalty;\n \n\n Acquisition of a basket of royalties across various projects in British Columbia from Sable Resources Ltd. (“Sable Resources”) for consideration of C$3.8 million, as well as certain rights in relation to the future acquisition of similar interests from Sable Resources;\n \n\n Publication of the fifth edition of the Company’s sustainability report,\n \n Growing Responsibly\n \n ; and\n \n\n Declaration of a quarterly dividend ...

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