Welcome to our dedicated page for Osisko Gold Royalties news (Ticker: OR), a resource for investors and traders seeking the latest updates and insights on Osisko Gold Royalties stock.
Osisko Gold Royalties Ltd (symbol: OR) is an intermediate precious metal royalty company primarily focused on the Americas. Since its inception in June 2014, Osisko has built a diversified portfolio that includes over 130 royalties, streams, and precious metal offtakes. The company's core business revolves around acquiring and managing these assets to generate steady revenue streams.
Portfolio and Key Assets:
- Canadian Malartic Mine: Osisko holds a 5% net smelter return royalty on the largest gold mine in Canada, the Canadian Malartic Mine.
- Publicly Held Resource Companies: Osisko's portfolio includes significant stakes in various publicly traded companies, such as a 15.5% interest in Osisko Mining Inc., 12.8% in Osisko Metals Incorporated, 12.7% in Falco Resources Ltd., and 32.7% in Barkerville Gold Mines Ltd.
Business Segments: The company operates under two main segments:
- Precious Metals and Royalties: This segment focuses on acquiring and managing royalties, streams, and other similar interests in high-quality precious metal projects.
- Exploration and Development: In addition to managing its royalty portfolio, Osisko is involved in the exploration, evaluation, and development of mining projects.
Geographical Reach: While Osisko generates the majority of its income from North America, it also has interests in projects across South America, Australia, Africa, and Europe.
Financial Performance: Osisko reported record annual revenues of $247.3 million and operating cash flows of $187.0 million for the year ending December 31, 2023. The company's strong financial performance reflects its strategic acquisitions and effective management of its extensive portfolio.
With its robust portfolio and strong financial base, Osisko Gold Royalties Ltd continues to be a significant player in the precious metals industry, offering investors diversified exposure to high-quality royalty and streaming assets.
Rhea-AI Summary
Osisko Gold Royalties Ltd (OR: TSX & NYSE) reports record annual deliveries of 94,323 GEOs in 2023, with a 6% increase in GEOs earned year-over-year. Preliminary Q4 2023 results show $65.2 million in revenues and a record quarterly cash margin of approximately $61.2 million (or 94%). The cash position as of December 31st, 2023, was approximately $67.7 million. The company provides notice of the fourth quarter and annual 2023 results and conference and webcast call details for February 20th and 21st, 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.58%
Tags
-
Rhea-AI Summary
Osisko Gold Royalties Ltd. (OR: TSX & NYSE) has sold 50,023,569 common shares of Osisko Mining Inc. (OSK: TSX) for approximately C$132,000,000. The Corporation no longer holds any common shares of Osisko Mining but retains its 2.0 to 3.0% NSR royalty on the Windfall Gold Project and surrounding property, held by a joint-venture partnership between Osisko Mining and Gold Fields Limited.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.67%
Tags
-
Rhea-AI Summary
Osisko Gold Royalties Ltd (OR: TSX & NYSE) has announced the approval of a normal course issuer bid (NCIB Program) by the Toronto Stock Exchange. The program allows the acquisition of up to 9,258,298 of its common shares from the open market or through alternative trading systems in Canada. The NCIB Program will commence on December 12, 2023, and will terminate on December 11, 2024. The board of directors believes that the purchase of common shares will increase the proportionate interest in the Corporation and be advantageous to all remaining shareholders.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.08%
Tags
News
Rhea-AI Summary
Osisko Gold Royalties Ltd (OR) announces the resignation of Mr. Sean Roosen as a director, allowing him to focus on his role as CEO and Chair of the Board of Directors of Osisko Development Corp. With recent appointments, Osisko Gold Royalties is set for future success as a premier North American precious metal royalty company.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
6.24%
Tags
-
Rhea-AI Summary
Osisko Gold Royalties Ltd (OR) appoints Jason Attew as President and CEO, effective January 2nd, 2024. Norman MacDonald becomes Chair of the Board. Attew brings 30 years of mining industry experience and has led successful mergers and acquisitions. Sean Roosen steps down as Chair and will focus on his role at Osisko Development Corp. and remain as a director. The Board expresses gratitude to Roosen and Interim CEO Paul Martin. Attew's background includes leadership roles at Liberty Gold Corp, Gold Standard Ventures Corp, and Goldcorp Inc.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
4.87%
Tags
-
Rhea-AI Summary
Osisko Gold Royalties Ltd (OR: TSX & NYSE) announces a C$0.06 per common share fourth quarter 2023 dividend, payable on January 15, 2024 to shareholders of record as of December 29, 2023. An 'eligible dividend' as per the Income Tax Act (Canada), with a U.S. dollar equivalent determined by the Bank of Canada rate on December 29, 2023. The Company also introduces a dividend reinvestment plan (the 'Plan') for Canadian and U.S. residents, with more details available on Osisko’s website.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
4.87%
Tags
Rhea-AI Summary
Osisko Gold Royalties Ltd (OR: TSX & NYSE) announced record quarterly revenues of $62.1 million and strong operating cash flows of $43.5 million for Q3 2023. The company also reported a net loss of $20.0 million, attributed to a non-cash impairment charge and write-off on assets related to the Renard diamond mine. Osisko acquired a 3% gold net smelter return royalty and 1% copper NSR royalty on the Costa Fuego copper-gold project and appointed Mr. Paul Martin as Interim CEO.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
4.87%
Tags
-
Rhea-AI Summary
Osisko Gold Royalties Ltd has acquired a 1.0% net smelter return (NSR) royalty covering the Namdini Gold Project in Ghana for US$35 million. The project is expected to produce approximately 360,000 ounces of gold per year over the initial three years and has a 15-year life of mine. Namdini is controlled and operated by Shandong Gold Co Ltd, a well-capitalized global miner. Ghana is ranked 6th in global gold production and has well-established mining laws. Osisko has also been granted additional rights as part of the transaction.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.49%
Tags
-
Rhea-AI Summary
Osisko Gold Royalties provides update on Q3 2023 deliveries, revenues, and cash margin
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.41%
Tags
Rhea-AI Summary
Osisko Gold Royalties announces a third quarter 2023 dividend of C$0.06 per common share
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.5%
Tags
FAQ
What is the current stock price of Osisko Gold Royalties (OR)?
The current stock price of Osisko Gold Royalties (OR) is $18.53 as of November 15, 2024.
What is the market cap of Osisko Gold Royalties (OR)?
The market cap of Osisko Gold Royalties (OR) is approximately 3.5B.
What is Osisko Gold Royalties Ltd?
Osisko Gold Royalties Ltd is an intermediate precious metal royalty company focused on acquiring and managing royalties, streams, and other interests, primarily in North America.
When did Osisko Gold Royalties Ltd commence its activities?
Osisko Gold Royalties Ltd started its activities in June 2014.
What are some key assets in Osisko's portfolio?
Osisko's key assets include a 5% net smelter return royalty on the Canadian Malartic Mine and significant stakes in public resource companies like Osisko Mining Inc. and Barkerville Gold Mines Ltd.
What are Osisko's main business segments?
Osisko operates under two main segments: acquiring and managing precious metal royalties, streams, and other interests, and the exploration, evaluation, and development of mining projects.
Where does Osisko generate most of its income?
Osisko generates the majority of its income from North America but also has interests in other regions including South America, Australia, Africa, and Europe.
How did Osisko perform financially in 2023?
Osisko reported record annual revenues of $247.3 million and operating cash flows of $187.0 million for the year ending December 31, 2023.
What is the significance of the Canadian Malartic Mine to Osisko?
The Canadian Malartic Mine is the largest gold mine in Canada, and Osisko holds a 5% net smelter return royalty on this significant asset.
Does Osisko have any interests in publicly traded companies?
Yes, Osisko holds interests in several publicly traded resource companies including Osisko Mining Inc., Osisko Metals Incorporated, Falco Resources Ltd., and Barkerville Gold Mines Ltd.
What type of projects does Osisko focus on?
Osisko focuses on high-quality precious metal projects, acquiring and managing royalties, streams, and similar interests.
What makes Osisko a significant player in the precious metals industry?
Osisko's diversified portfolio, strategic acquisitions, and robust financial performance make it a key player in the precious metals industry.
Osisko Gold Royalties Ltd