Osisko reports 2020 results and provides 2021 guidance Posted by PublisherInternet Thursday, 25. February 2021
Osisko Gold Royalties Ltd (the ?Company? or ?Osisko?) (OR: TSX & NYSE – https://www.commodity-tv.com/ondemand/companies/profil/osisko-gold-royalties-ltd/) today announced its consolidated financial results for the fourth quarter and full year 2020 and provides guidance for 2021. Amounts presented are in Canadian dollars, except otherwise noted.
2020 Highlights
Record revenues from royalties and streams of $156.6 million (2019 ? $140.1 million);
Record cash flows from operations of $108.0 million, an increase of 18% compared to 2019;
Cash operating margin2 of 94% from royalties and streams;
Net earnings attributable to Osisko?s shareholders of $16.9 million, or $0.10 per share; and
Adjusted earnings3 of $43.7 million, or $0.27 per basic share (2019 ? $41.9 million, $0.28 per basic share).