Osisko Gold ( (OR) ) has released its Q1 earnings. Here is a breakdown of the information Osisko Gold presented to its investors.
Osisko Gold Royalties Ltd is an intermediate precious metal royalty company with a focus on North America, holding a diverse portfolio of over 195 royalties, streams, and precious metal offtakes, including 21 producing assets. The company’s cornerstone asset is a 3-5% net smelter return royalty on the Canadian Malartic Complex, one of Canada’s largest gold mines.
In its first quarter of 2025, Osisko Gold Royalties reported strong financial results, showcasing robust cash flows and increased revenues. The company generated $46.1 million in cash flows from operating activities and reported revenues of $54.9 million from royalties and streams, marking a significant increase from the previous year.
Key financial metrics for the quarter included net earnings of $25.6 million, or $0.14 per basic share, and adjusted earnings of $29.5 million, or $0.16 per basic share. The company also made strategic acquisitions, including a 1.5% net smelter return royalty from Japan Gold Corp. and a basket of royalties from Sable Resources Ltd. Additionally, Osisko declared a quarterly dividend of US$0.055 per share, reflecting a 20% increase over the previous quarter.
Looking ahead, Osisko’s management remains optimistic about achieving its 2025 guidance range of 80,000 to 88,000 gold equivalent ounces earned. The company anticipates sequential improvements in GEO deliveries throughout the year and is focused on several upcoming catalysts, including project financing initiatives and new life-of-mine plans for key projects.
Osisko’s strategic vision and financial health position it well for future growth, with management confident in its ability to capitalize on upcoming opportunities and deliver value to shareholders.