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Osisko Gold Royalties Ltd (TSE:OR)
TSX:OR
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Earnings Data
Report Date
Feb 19, 2025TBA Not Confirmed
Period Ending
2024 (Q4)Consensus EPS Forecast
0.21Last Year’s EPS
0.16Same Quarter Last Year
Moderate Buy
Based on 9 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Nov 06, 2018
|% Change Since: -4.01%
|Next Earnings Date:Aug 02, 2018
Earnings Call Sentiment|Positive
The earnings call highlighted strong operational performance, effective debt management, and strategic acquisitions positioning Osisko well for future growth. However, there were some challenges with revenue timing and specific asset performance. The overall sentiment is positive with more highlights than lowlights.Company Guidance
During the Q3 2024 earnings call, Osisko Gold Royalties provided guidance on several key metrics and strategic initiatives. The company reported earning 18,408 gold equivalent ounces (GEOs) in Q3 and is on track to meet its full-year 2024 guidance of 77,000 to 83,000 GEOs. Operating cash flows for the period were a robust $47.2 million, with an impressive cash margin of 96.3%. Osisko ended the quarter with $58.5 million in cash and reduced net debt to just over $20 million. The company also announced the acquisition of a 1.8% gross revenue royalty on the Dalgaranga Gold Project, expected to close in Q4 2024. Osisko declared a Q3 dividend of $0.065 per share, marking its 40th consecutive dividend, and approved a Q4 dividend of the same amount, payable in January 2025. The company plans to switch its reporting currency to U.S. dollars starting in Q4 2024, reflecting its evolving business strategy.Gold Equivalent Ounces and Cash Margin
Osisko earned 18,408 gold equivalent ounces in Q3, positioning them well to achieve their full-year guidance of 77,000 to 83,000 ounces. The cash margin for the period was 96.3%.
Financial Position and Debt Reduction
Osisko ended Q3 with $58.5 million in cash and reduced net debt to just over $20 million, improving the balance sheet and financial flexibility for future transactions.
Dividend and Share Repurchase
Declared and paid a quarterly dividend of $0.065 per share, marking the 40th consecutive dividend. The company repurchased 26,000 shares during the quarter.
New Royalties and Streams
Acquired a 1.8% gross revenue royalty on Spartan Resources' Dalgaranga Gold Project, expected to close in Q4.
Strong Commodity Mix
Osisko earned 91% of its GEOs from precious metals, with significant contributions from gold (65%) and silver (26%).
Cash Flow and Earnings Improvement
Q3 earnings were $0.10 per share, an improvement over the previous year, with adjusted earnings of $0.15 per share and cash flow per share at $0.25.
Underground Development at Odyssey
Ramp development at Odyssey progressed well, with the main ramp reaching a depth of 873 meters.
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TSE:OR Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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TSE:OR Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Nov 06, 2024 | C$28.18 | C$28.40 | +0.78% |
| Aug 06, 2024 | C$22.66 | C$21.86 | -3.56% |
| May 08, 2024 | C$21.64 | C$21.90 | +1.19% |
| Feb 20, 2024 | C$18.85 | C$18.51 | -1.84% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Osisko Gold Royalties Ltd (TSE:OR) report earnings?
Osisko Gold Royalties Ltd (TSE:OR) is schdueled to report earning on Feb 19, 2025, TBA Not Confirmed.
What is Osisko Gold Royalties Ltd (TSE:OR) earnings time?
Osisko Gold Royalties Ltd (TSE:OR) earnings time is at Feb 19, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is TSE:OR EPS forecast?
TSE:OR EPS forecast for the fiscal quarter 2024 (Q4) is 0.21.
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