Q4 2024 Osisko Gold Royalties Ltd Earnings Call Transcript
Key Points
- Osisko Gold Royalties Ltd (OR) achieved record annual revenues of $191.2 million with a peer-leading cash margin of 96.5%.
- The company ended 2024 with $59 million in cash and net debt of just under $35 million, after paying down almost $85 million against its revolving credit facility.
- Osisko Gold Royalties Ltd (OR) declared and paid its 41st consecutive quarterly dividend, returning over 360 million Canadian dollars to shareholders.
- The company completed nearly $300 million in transactions in 2024, marking the second consecutive year of significant capital deployment.
- Osisko Gold Royalties Ltd (OR) has a robust pipeline and expects to complete at least one or two meaningful transactions in 2025.
- The growth trajectory for 2025 is expected to be less steep than previously anticipated.
- Performance from Capstone's Mantos Blancos operation experienced a year-over-year decrease due to milling rates below expected levels.
- The company's 2025 guidance reflects a back-half weighted delivery of GEOs, with a weaker Q1 anticipated.
- The updated 2029 outlook is lower than the previous year's 2028 outlook due to the absence of the Eagle mine.
- Progress on the Eagle mine is slower than expected, affecting the company's growth projections.
Good morning ladies and gentlemen, and welcome to the Asisco Gold Royalties Q4 and year 2024 results conference call. After the presentation, we will conduct a question and answer session. If you would like to ask a question, please press star, followed by the number one on your telephone keypad. Please note that this call is being recorded today, February 20, 2025, at 100 a.m. Eastern time. I would now like to turn the meeting over to our host for today's call, Mr. Jason Attew.
Bonjoan madame monsieur, he gave a ele P/E conference de resit the Catrim e lane ve ve cat dere de vans or fieroisco m a prela presentacion pressed and in de casturere response to be busy reposing queer reaola to cheiles sovinmere ran not cassetape rereau lever vivrierevere azar lar AR.
Mrs. Jason Attew.
Good morning everybody, and thanks for being on today's call. For those of us in Quebec or Ontario, I hope the run on snow shovels will be behind us soon so we can turn our minds to
| Access to All Earning Calls and Stock Analysis | |
| 30-Year Financial on one screen | |
| All-in-one Stock Screener with unlimited filters | |
| Customizable Stock Dashboard | |
| Real Time Insider Trading Transactions | |
| 8,000+ Institutional investors’ 13F holdings | |
| Powerful Excel Add-in and Google sheets Add-on | |
| All data downloadable | |
| Quick customer support | |
| And much more... |
Trustpilot
We'd love to learn more about your experiences on GuruFocus.com and how we can improve!
Take Survey
