Osisko Q4 2024 Earnings Report
Key Takeaways
Osisko Gold Royalties Ltd achieved record revenue from royalties and streams, totaling $191.2 million in Q4 2024. Net earnings reached $16.3 million, translating to $0.09 per basic share, while adjusted earnings came in at $97.3 million or $0.52 per basic share. The company also reported a strong operating cash flow of $159.9 million and continued to strengthen its balance sheet with debt repayments.
Record revenue of $191.2 million from royalties and streams.
Net earnings of $16.3 million ($0.09 per basic share).
Adjusted earnings of $97.3 million ($0.52 per basic share).
Strong cash balance of $59.1 million with debt repayments.
Osisko Revenue
Osisko EPS
Osisko Revenue by Segment
Forward Guidance
Osisko expects to earn between 80,000-88,000 gold equivalent ounces in 2025, with a cash margin of approximately 97%. The company also anticipates increased production from key mining assets over the next five years.
Positive Outlook
- Projected GEOs for 2025 between 80,000-88,000.
- Cash margin expected to remain strong at approximately 97%.
- Increased contributions from copper stream and NSR royalties.
- Expecting higher production from major projects in 2029.
- Company remains financially strong with improved balance sheet.
Challenges Ahead
- Some mining projects facing slower-than-expected ramp-up.
- Gold-to-copper ratio fluctuations could impact revenue mix.
- Potential production delays in certain assets.
- Market volatility could affect commodity prices.
- Regulatory changes might impact royalty streams.