Osisko Gold (TSE:OR) has released an update.
Osisko Gold Royalties Ltd reports robust first quarter 2024 results with 22,259 gold equivalent ounces earned and a high cash margin of approximately $58.9 million, representing 97% of their $60.7 million revenue. The company has strengthened its financial position with a cash balance of $70.6 million and reduced its revolving credit facility debt to $151.9 million. Several updates on key assets, including Canadian Malartic, CSA Mine, and Tocantinzinho, showcase ongoing operational improvements and strategic developments.
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