Orogen Royalties (TSE:OGN) has released an update.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
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.
For further insights into TSE:OGN stock, check out TipRanks’ Stock Analysis page.