Gold royalties company Osisko surpasses earnings expectations by $0.01 with a non-GAAP EPS of $0.18, but falls short on revenue, reporting $60.4M, a miss by $0.46M.
Osisko Gold Royalties Ltd (OR) has announced a positive Q2 performance, with the company surpassing expectations by recording a Non-GAAP EPS of $0.18[1]. This follows the release of an Earnings Call Transcript and a Presentation for Q1 2025.
The company's strong Q2 results are a testament to its ongoing operations at key mines such as Capstone Copper's Mantos Blancos (operating at full Phase I capacity), anticipated ramp-up from Cardinal Namdini Mining Ltd.’s Namdini mine, and full-year contributions from MAC Copper Ltd.’s CSA mine and G Mining Ventures Corp.’s Tocantinzinho mine[1].
The 2025 GEO guidance of 80,000–88,000 gold equivalent ounces (GEOs) remains on track, as the guidance is based on public forecasts and internal estimates, converting royalties in silver, copper, and cash to GEOs with commodity price assumptions from early 2025 consensus[1].
OR Royalties maintains a high cash margin of approximately 97% for 2025, reflecting strong profitability from its royalty and streaming interests[1]. The company’s balance sheet has also improved, being in a net-cash position, aided by increased revolving credit facilities, providing financial stability for growth plans[3][4].
Analysts remain generally positive with multiple "buy" recommendations and upward price target revisions in 2025, despite some Q3 EPS estimate downgrades by National Bank Financial[5]. Longer term, OR Royalties projects growth to 110,000-125,000 GEOs by 2029, driven by new projects and expansions in its portfolio[1][4].
According to Jason Attew, President & CEO of OR Royalties, the company is on track to achieve its 2025 annual guidance of 80,000-88,000 GEOs, with expectations of a stronger second half in terms of GEOs earned[6].
The Q1 2025 Earnings Call is an opportunity for investors to gain insights into the company's performance and future plans. OR Royalties continues to demonstrate strong operational performance, solid financial footing, and optimistic analyst sentiment, making it a compelling investment opportunity.
[1] Osisko Gold Royalties Ltd Investor Presentation Q1 2025 [2] Osisko Gold Royalties Ltd News Release: Q1 2025 Results [3] Osisko Gold Royalties Ltd News Release: Increased Revolving Credit Facility [4] Osisko Gold Royalties Ltd News Release: Announcing a Positive Net Cash Position [5] National Bank Financial Research Report: Osisko Gold Royalties Ltd [6] Osisko Gold Royalties Ltd Earnings Call Transcript Q1 2025
- The strong Q2 performance of Osisko Gold Royalties Ltd indicates its potential in investing in business sectors such as finance, given the company's high cash margin and positive outlook for future business growth, as reflected in its plans to achieve 110,000-125,000 GEOs by 2029.
- With a net-cash position and ongoing operations in various mining projects, Osisko Gold Royalties Ltd is demonstrating its ability to manage financial aspects effectively, thereby showcasing its potential in the field of investing and business operations.
