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Osisko Reports Record Q2 Cash Margin

Osisko Reports Record Q2 Cash Margin

Osisko Gold Royalties (TSE:OR) has released an update.

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Osisko Gold Royalties Ltd reported a robust second quarter in 2024, with a record cash margin of approximately $62.6 million and $64.8 million in revenues from royalties and streams. The company highlighted the receipt of its first copper stream delivery from CSA Mine in early July and mentioned a significant mineral reserve increase at the mine. Additionally, Osisko reported a strong cash position after considerable repayments on its credit facility, while also providing updates on its Eagle and Tocantinzinho projects.

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