Osisko Gold Royalties Reports Increase in Q2 2023 Earnings

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Osisko Gold Royalties logs net earnings of C$18M in Q2, declares dividend gold royalty Osisko

- Osisko Gold Royalties yesterday reported that the company earned 24,645 gold equivalent ounces in Q2 2023, an increase of 11% over Q2 2022 .

The company also posted cash margin of C$56.2 million or 93% , net earnings of C$18.0 million or C$0.10 per basic share , and adjusted earnings of C$32.6 million or C$0.18 per basic share . Interim CEO Paul Martin commented, “Despite challenges faced by our operating partners who were temporarily impacted by the wildfires in northern Ontario and Québec, Osisko delivered a solid second quarter. As we head into the second half of the year, we are well positioned to meet our 2023 guidance.

 

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