Orogen Royalties (TSE:OGN) has released an update.
Confident Investing Starts Here:
- Quickly and easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks straight to you inbox with TipRanks' Smart Value Newsletter
Orogen Royalties reported a strong quarter with a significant rise in royalty revenue, driven by higher gold prices. Despite a net comprehensive loss due to a non-cash write-down, the company saw a substantial increase in cash flow from operations. The firm remains optimistic about its portfolio of unique projects and future revenue potential.
For further insights into TSE:OGN stock, check out TipRanks’ Stock Analysis page.