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Orogen Royalties Posts Record Profits in Q2-2024

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Orogen Royalties Posts Record Profits in Q2-2024

Orogen Royalties (TSE:OGN) has released an update.

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Orogen Royalties Inc. has announced a significant increase in their Q2-2024 profitability, with a 713% rise in net income before tax and a 288% increase in net comprehensive income compared to the same period last year. This financial growth was driven by record royalty revenue from the Ermitaño mine, bolstered by higher gold prices and production outperformance, alongside efficient cost control measures.

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