The earnings call reflects a positive financial year with record revenues and a strong cash position. However, challenges remain with certain operations and growth projections, particularly with Mantos Blancos and the absence of the Eagle mine in future outlooks.
Company Guidance
In the Osisko Gold Royalties Q4 and Year 2024 Results Conference Call, key financial metrics highlighted included the earning of 20,005 gold equivalent ounces (GEOs) in Q4, culminating in an aggregate of 80,740 GEOs for the full year. This result was slightly above the midpoint of the revised guidance range of 77,000 to 83,000 GEOs. The company achieved record annual revenues of $191.2 million, with a cash margin of 96.5%. Osisko ended 2024 with $59 million in cash and net debt of just under $35 million, after reducing its revolving credit facility by nearly $85 million. The company declared a quarterly dividend of $0.065 per share, with a similar dividend approved for April 2025. Looking forward, Osisko expects GEO delivery growth in 2025, although at a less steep trajectory than previously anticipated, with a guidance range of 80,000 to 88,000 GEOs for the year, maintaining a cash margin of approximately 97%. The company's five-year outlook projects continued growth, driven by existing and new production assets, despite the absence of expected contributions from the Eagle mine.
Record Annual Revenue
Osisko achieved record annual revenues of $191.2 million at a peer-leading cash margin of 96.5%.
Strong Precious Metals Performance
Osisko earned 80,740 gold equivalent ounces in 2024, slightly above the midpoint of the company's revised guidance.
Solid Financial Position
Osisko ended 2024 with $59 million in cash and net debt of just under $35 million after paying down $85 million against its revolving credit facility.
Dividend Consistency
Osisko declared and paid its 41st consecutive quarterly dividend of $0.065 per share.
New Asset Contributions
The addition of the Namdini mine in Ghana, with first gold poured in November 2024, marks a new production asset for Osisko.
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Osisko Gold Royalties (OR) Earnings, Revenues Date & History
The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced
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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OR Earnings-Related Price Changes
Report Date
Price 1 Day Before
Price 1 Day After
Percentage Change
Feb 19, 2025
$19.51
$19.04
-2.41%
Nov 06, 2024
$20.27
$20.49
+1.09%
Aug 06, 2024
$16.44
$15.88
-3.41%
May 08, 2024
$15.74
$16.00
+1.65%
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 (OR) report earnings?
Osisko Gold (OR) is schdueled to report earning on May 07, 2025, TBA Not Confirmed.
What is Osisko Gold (OR) earnings time?
Osisko Gold (OR) earnings time is at May 07, 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.