Osisko Gold Royalties Ltd(NYSE:OR) 
Osisko Gold Royalties Ltd acquires and manages precious metal and other royalties, streams, and offtake and other interests in Canada and internationally. It also owns options on royalty/stream financings; and exclusive rights to participate in future royalty/stream financings on various projects. T...
• Market Cap:
• Exchange:
• Shs Outstanding:
• Employees:
• Beta:
• Return on Equity (ROE) ttm:
• Return on Assets (ROA) ttm:
• EPS ttm:
• Book value per Share:
• Cash per Share:
• Current ast per Share:
• P/E ttm:
• P/E forward:
• P/E ttm high:
• P/E ttm low:
• P/S ttm:
• P/B ttm:
• P/FCF ttm:
• PEG ratio:
• Cash Ratio ttm:
• Quick Ratio ttm:
• Current Ratio ttm:
• Gross Mgn ttm:
• EBITDA Mgn ttm:
• Operating Mgn ttm:
• Net Income Mgn ttm:
• Trailing Div yield:
• Forward Div yield:
• Payout Ratio ttm:
• Ex-Dividend date:
• Target Price High:
• Target Price Low:
• Target Price Mean:
• Number of Analysts:
• Debt Ratio ttm:
• Debt to Equity ttm:
• Total Net Debt:
At a glance:
Bull Thesis:
Bear Thesis:
Main Competitors:
Moat:
Income Statements:
Quarterly
Annual
| Unit: USD | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | 2023-08-09 | 2023-06-30 | 2023-03-31 | 2022-12-31 | 2022-09-30 | 2022-08-09 | 2022-06-30 | 2022-03-31 | 2021-12-31 | 2021-09-30 | 2021-06-30 | 2021-03-31 | 2020-12-31 | 2020-09-30 | 2020-06-30 | 2020-03-31 | 2020-02-20 | 2019-09-30 | 2019-07-30 | 2019-05-01 | 2018-11-06 | 2018-08-02 | 2018-05-03 | 2017-12-31 | 2017-11-08 | 2017-08-04 | 2017-03-31 | 2017-03-15 | 2016-11-09 | 2016-08-04 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
notes | |||||||||||||||||||||||||||||||||||||||
revenues | 71,625,000 | 60,364,000 | 54,916,000 | 191,157,000 | 57,255,000 | 64,846,000 | 60,751,000 | 247,320,000 | 62,069,000 | 60,500,000 | 60,500,000 | 59,587,000 | 217,809,000 | 53,661,000 | 63,959,000 | 63,959,000 | 59,398,000 | 224,877,000 | 50,035,000 | 57,246,000 | 66,923,000 | 213,630,000 | 55,707,000 | 40,758,000 | 52,605,000 | 51,032,000 | 109,235,000 | 131,606,000 | 100,726,000 | 111,702,000 | 137,819,000 | 125,614,000 | 213,216,000 | 68,179,000 | 18,359,000 | 17,126,000 | 62,677,000 | 17,570,000 | 15,792,000 |
yoy | 25.10% | -6.91% | -9.60% | -22.71% | -7.76% | 7.18% | 0.41% | 315.06% | -71.50% | 12.74% | -5.41% | -6.84% | 266.69% | -76.14% | 27.83% | 11.73% | -11.24% | 5.26% | -10.18% | 40.45% | 27.22% | 318.62% | -49.00% | -69.03% | -47.77% | -54.31% | -20.74% | 4.77% | -52.76% | 63.84% | 650.69% | 633.47% | 240.18% | 288.04% | 16.26% | ||||
qoq | 18.66% | 9.92% | -71.27% | 233.87% | -11.71% | 6.74% | -75.44% | 298.46% | 2.59% | 0.00% | 1.53% | -72.64% | 305.90% | -16.10% | 0.00% | 7.68% | -73.59% | 349.44% | -12.60% | -14.46% | -68.67% | 283.49% | 36.68% | -22.52% | 3.08% | -53.28% | -17.00% | 30.66% | -9.83% | -18.95% | 9.72% | -41.09% | 212.73% | 271.37% | 7.20% | -72.68% | 256.73% | 11.26% | |
cost of sales | |||||||||||||||||||||||||||||||||||||||
depletion | |||||||||||||||||||||||||||||||||||||||
gross profit | 59,099,000 | 50,191,000 | 45,553,000 | 151,812,000 | 45,598,000 | 52,207,000 | 47,394,000 | 174,281,000 | 40,838,000 | 43,273,000 | 43,273,000 | 42,051,000 | 150,378,000 | 35,093,000 | 36,591,000 | 36,591,000 | 36,210,000 | 138,870,000 | 33,795,000 | 35,713,000 | 34,599,000 | 104,325,000 | 30,806,000 | 19,121,000 | 21,622,000 | 23,924,000 | 20,851,000 | 19,688,000 | 18,246,000 | 15,818,000 | 16,258,000 | 18,717,000 | 59,506,000 | 15,641,000 | 14,413,000 | 13,705,000 | |||
yoy | 29.61% | -3.86% | -3.88% | -12.89% | 11.66% | 20.65% | 9.52% | 314.45% | -72.84% | 23.31% | 18.26% | 14.92% | 315.29% | -74.73% | 8.27% | 2.46% | 4.66% | 33.11% | 9.70% | 86.77% | 60.02% | 336.07% | 47.74% | -2.88% | 18.50% | 51.25% | 28.25% | 5.19% | -69.34% | 1.13% | 12.80% | 36.57% | |||||||
qoq | 17.75% | 10.18% | -69.99% | 232.94% | -12.66% | 10.16% | -72.81% | 326.76% | -5.63% | 0.00% | 2.91% | -72.04% | 328.51% | -4.09% | 0.00% | 1.05% | -73.93% | 310.92% | -5.37% | 3.22% | -66.84% | 238.65% | 61.11% | -11.57% | -9.62% | 14.74% | 5.91% | 7.90% | 15.35% | -2.71% | -13.14% | -68.55% | 280.45% | 8.52% | 5.17% | ||||
gross margin % | 82.51% | 83.15% | 82.95% | 79.42% | 79.64% | 80.51% | 78.01% | 70.47% | 65.79% | 71.53% | 71.53% | 70.57% | 69.04% | 65.40% | 57.21% | 57.21% | 60.96% | 61.75% | 67.54% | 62.39% | 51.70% | 48.83% | 55.30% | 46.91% | 41.10% | 46.88% | 19.09% | 14.96% | 18.11% | 14.16% | 11.80% | 14.90% | 27.91% | 22.94% | 78.51% | 80.02% | 0% | 0% | 0% |
other operating expenses | |||||||||||||||||||||||||||||||||||||||
general and administrative | |||||||||||||||||||||||||||||||||||||||
business development | |||||||||||||||||||||||||||||||||||||||
impairment of royalty, stream and other interests | |||||||||||||||||||||||||||||||||||||||
operating income | 46,687,000 | 41,427,000 | 38,515,000 | 78,324,000 | 37,408,000 | 39,904,000 | 87,654,000 | 10,314,000 | 28,039,000 | 28,039,000 | 34,346,000 | 122,969,000 | 28,704,000 | 6,779,000 | 21,081,000 | 41,703,000 | 22,907,000 | 11,635,000 | 13,270,000 | 11,049,000 | 9,553,000 | 13,099,000 | 926,000 | 5,858,000 | 6,233,000 | 29,089,000 | 10,421,000 | 4,777,000 | |||||||||||
yoy | 24.80% | -3.48% | -10.64% | 262.69% | 42.32% | 155.21% | -91.61% | -2.32% | 1713.97% | -67.84% | -12.32% | 1.31% | 1093.20% | 63.08% | 110.16% | -91.11% | 22.63% | ||||||||||||||||||||||
qoq | 12.70% | 7.56% | -50.83% | 109.38% | -54.48% | 749.85% | -63.22% | 0.00% | -18.36% | -72.07% | 328.40% | -49.45% | 82.05% | 96.88% | 15.66% | -27.07% | -84.19% | -6.02% | -78.57% | 179.14% | 118.15% | ||||||||||||||||||
operating margin % | 65.18% | 68.63% | 70.13% | 40.97% | 65.34% | 0% | 65.68% | 35.44% | 16.62% | 46.35% | 46.35% | 57.64% | 56.46% | 53.49% | 0% | 0% | 11.41% | 0% | 0% | 0% | 31.50% | 19.52% | 41.12% | 28.55% | 0% | 0% | 0% | 10.08% | 0% | 9.89% | 6.93% | 10.43% | 0% | 1.36% | 31.91% | 36.39% | 46.41% | 59.31% | 30.25% |
interest income | 1,062,000 | 618,000 | 598,000 | 4,153,000 | 1,591,000 | 1,245,000 | 1,259,000 | 6,831,000 | 1,115,000 | 2,170,000 | 2,170,000 | 2,063,000 | 3,054,000 | 2,292,000 | 2,292,000 | 1,191,000 | 5,065,000 | 1,268,000 | 1,348,000 | 1,310,000 | 4,582,000 | 1,041,000 | 820,000 | 1,172,000 | 1,041,000 | 1,048,000 | 1,492,000 | 4,255,000 | 751,000 | 1,128,000 | 1,278,000 | 3,260,000 | 932,000 | 766,000 | |||||
finance costs | |||||||||||||||||||||||||||||||||||||||
foreign exchange gain | 300,000 | 665,000 | 160,000 | 737,000 | 1,603,000 | 19,000 | 14,482,000 | 9,405,000 | 9,405,000 | 1,187,000 | 798,000 | 1,023,000 | 2,326,000 | 508,000 | 65,000 | 187,000 | 1,909,000 | 643,000 | |||||||||||||||||||||
share of loss of associates | |||||||||||||||||||||||||||||||||||||||
other gains | 53,236,000 | 2,351,000 | 1,826,000 | 23,884,000 | 23,884,000 | 25,522,000 | 15,296,000 | 1,629,000 | 13,622,000 | 27,000 | 10,806,000 | 629,000 | 5,781,000 | 30,829,000 | 14,714,000 | 14,598,000 | 2,024,000 | 30,202,000 | 9,992,000 | 14,335,000 | |||||||||||||||||||
earnings before income taxes | 92,086,000 | 39,449,000 | 33,505,000 | 30,142,000 | 26,182,000 | 22,975,000 | 21,833,000 | 21,833,000 | 29,239,000 | 38,583,000 | 26,762,000 | 26,762,000 | 13,177,000 | 27,142,000 | 16,642,000 | 14,814,000 | 7,404,000 | 1,813,000 | 4,166,000 | 7,188,000 | 12,959,000 | 5,721,000 | 51,578,000 | 22,529,000 | 19,719,000 | ||||||||||||||
income tax expense | |||||||||||||||||||||||||||||||||||||||
net earnings | 82,845,000 | 32,358,000 | 25,640,000 | 16,267,000 | 18,288,000 | 15,073,000 | 17,961,000 | 17,961,000 | 20,848,000 | 16,572,000 | 16,572,000 | 9,763,000 | 16,229,000 | 12,514,000 | 13,048,000 | 5,474,000 | 511,000 | 2,310,000 | 6,629,000 | 10,936,000 | 4,000,000 | 41,854,000 | 17,675,000 | 15,653,000 | |||||||||||||||
yoy | 353.00% | 70.11% | -16.08% | 8.38% | 25.80% | -17.42% | -95.33% | -42.25% | -62.50% | -30.13% | |||||||||||||||||||||||||||||
qoq | 156.03% | 26.20% | 57.62% | -11.05% | 0.00% | -13.85% | 0.00% | -39.84% | 29.69% | -4.09% | 971.23% | -77.88% | -39.38% | 173.40% | -90.44% | 136.80% | 12.92% | ||||||||||||||||||||||
net income margin % | 115.66% | 53.60% | 46.69% | 8.51% | 31.94% | 0% | 24.81% | 0% | 0% | 29.69% | 29.69% | 34.99% | 0% | 0% | 25.91% | 25.91% | 0% | 0% | 0% | 0% | 14.59% | 7.60% | 22.46% | 32.01% | 0% | 0% | 0% | 0% | 0% | 4.90% | 0.37% | 1.84% | 0% | 9.72% | 59.57% | 23.36% | 66.78% | 100.60% | 99.12% |
net earnings per share | |||||||||||||||||||||||||||||||||||||||
basic | 0.44 | 0.04 | 0.01 | 0.04 | 0.4 | 0.17 | 0.15 | ||||||||||||||||||||||||||||||||
diluted | 0.44 | 0.04 | 0.01 | 0.04 | 0.4 | 0.17 | 0.15 | ||||||||||||||||||||||||||||||||
impairment of royalty interests | |||||||||||||||||||||||||||||||||||||||
income tax (expense) recovery | |||||||||||||||||||||||||||||||||||||||
net earnings per share | |||||||||||||||||||||||||||||||||||||||
basic and diluted | 0.17 | 0.14 | 0.09 | 0.1 | 0.08 | 0.1 | 0.11 | 0.47 | 0.15 | 0.09 | 0.09 | 0.01 | 0.06 | 0.1 | 0.08 | 0.08 | |||||||||||||||||||||||
impairment of royalty and stream interests | |||||||||||||||||||||||||||||||||||||||
share of income of associates | 7,925,000 | 19,167,000 | 19,167,000 | 2,273,000 | 329,000 | ||||||||||||||||||||||||||||||||||
other losses | |||||||||||||||||||||||||||||||||||||||
foreign exchange loss | |||||||||||||||||||||||||||||||||||||||
income tax recovery | 9,101,000 | 2,664,000 | 3,326,000 | 19,774,000 | 11,732,000 | 9,270,000 | 23,147,000 | ||||||||||||||||||||||||||||||||
net earnings from continuing operations | 17,961,000 | 17,961,000 | 20,848,000 | 85,285,000 | 28,014,000 | ||||||||||||||||||||||||||||||||||
net loss from discontinued operations | |||||||||||||||||||||||||||||||||||||||
net income | |||||||||||||||||||||||||||||||||||||||
net loss attributable to: | |||||||||||||||||||||||||||||||||||||||
osisko gold royalties ltd's shareholders | 17,961,000 | 20,848,000 | 17,159,000 | 326,000 | 1,795,000 | 10,557,000 | 16,876,000 | ||||||||||||||||||||||||||||||||
non-controlling interests | |||||||||||||||||||||||||||||||||||||||
net earnings per share from continuing operations attributable to osisko gold royalties ltd's shareholders | |||||||||||||||||||||||||||||||||||||||
basic and diluted | 0.17 | 0.14 | 0.09 | 0.1 | 0.08 | 0.1 | 0.11 | 0.47 | 0.15 | 0.09 | 0.09 | 0.01 | 0.06 | 0.1 | 0.08 | 0.08 | |||||||||||||||||||||||
net income per share | |||||||||||||||||||||||||||||||||||||||
basic and diluted | |||||||||||||||||||||||||||||||||||||||
net earnings attributable to: | |||||||||||||||||||||||||||||||||||||||
net earnings per share attributable to osisko gold royalties ltd's shareholders | |||||||||||||||||||||||||||||||||||||||
osisko gold royalties ltd’s shareholders | 17,961,000 | 17,159,000 | 5,474,000 | 511,000 | 2,310,000 | 6,728,000 | 11,043,000 | 4,076,000 | 42,113,000 | 17,757,000 | 15,737,000 | ||||||||||||||||||||||||||||
net earnings per share from continuing operations | |||||||||||||||||||||||||||||||||||||||
basic and diluted | 0.17 | 0.14 | 0.09 | 0.1 | 0.08 | 0.1 | 0.11 | 0.47 | 0.15 | 0.09 | 0.09 | 0.01 | 0.06 | 0.1 | 0.08 | 0.08 | |||||||||||||||||||||||
net earnings attributable to osisko gold royalties ltd's shareholders | |||||||||||||||||||||||||||||||||||||||
net earnings per share | |||||||||||||||||||||||||||||||||||||||
total assets | 1,996,301 | ||||||||||||||||||||||||||||||||||||||
total long-term debt | 147,950 | ||||||||||||||||||||||||||||||||||||||
average selling price of gold | |||||||||||||||||||||||||||||||||||||||
in c | 2,345 | ||||||||||||||||||||||||||||||||||||||
in us | 1,799 | ||||||||||||||||||||||||||||||||||||||
operating cash flows from continuing operations | 175,063 | ||||||||||||||||||||||||||||||||||||||
operating cash flows used by discontinued operations | |||||||||||||||||||||||||||||||||||||||
operating cash flows | 109,947 | ||||||||||||||||||||||||||||||||||||||
dividend per common share | 0.22 | ||||||||||||||||||||||||||||||||||||||
weighted-average shares outstanding | |||||||||||||||||||||||||||||||||||||||
basic | 179,095 | ||||||||||||||||||||||||||||||||||||||
diluted | 179,350 | ||||||||||||||||||||||||||||||||||||||
other comprehensive income | |||||||||||||||||||||||||||||||||||||||
items that will not be reclassified to the consolidated statement of income | |||||||||||||||||||||||||||||||||||||||
changes in fair value of financial assets at fair value through comprehensive income | |||||||||||||||||||||||||||||||||||||||
income tax effect | |||||||||||||||||||||||||||||||||||||||
share of other comprehensive loss of an associate | |||||||||||||||||||||||||||||||||||||||
items that may be reclassified to the consolidated statement of income | |||||||||||||||||||||||||||||||||||||||
cumulative translation adjustments | |||||||||||||||||||||||||||||||||||||||
deemed disposal of an investment in an associate | |||||||||||||||||||||||||||||||||||||||
reclassification to the statements of loss of the other comprehensive income, net of income tax | |||||||||||||||||||||||||||||||||||||||
comprehensive income | |||||||||||||||||||||||||||||||||||||||
comprehensive income attributable to: | |||||||||||||||||||||||||||||||||||||||
comprehensive income attributable to osisko gold royalties ltd's shareholders: | |||||||||||||||||||||||||||||||||||||||
from continuing operations | |||||||||||||||||||||||||||||||||||||||
from discontinued operations | |||||||||||||||||||||||||||||||||||||||
depletion and amortization | |||||||||||||||||||||||||||||||||||||||
exploration and evaluation | |||||||||||||||||||||||||||||||||||||||
mining operating expenses | |||||||||||||||||||||||||||||||||||||||
impairments - royalty, stream and other interests | |||||||||||||||||||||||||||||||||||||||
impairments - mining exploration, evaluation and development | |||||||||||||||||||||||||||||||||||||||
impairment - royalty, stream and other interests | |||||||||||||||||||||||||||||||||||||||
depletion of royalty, stream and other interests | |||||||||||||||||||||||||||||||||||||||
impairment of a royalty interest | |||||||||||||||||||||||||||||||||||||||
net earnings per share attributable to osisko gold royalties ltd's shareholders | |||||||||||||||||||||||||||||||||||||||
basic and diluted | 0.17 | 0.14 | 0.09 | 0.1 | 0.08 | 0.1 | 0.11 | 0.47 | 0.15 | 0.09 | 0.09 | 0.01 | 0.06 | 0.1 | 0.08 | 0.08 | |||||||||||||||||||||||
gain on disposal of an offtake interest | 7,636,000 | ||||||||||||||||||||||||||||||||||||||
impairment of assets | |||||||||||||||||||||||||||||||||||||||
interest and dividend income | 1,327,000 | 1,075,000 | 1,121,000 | ||||||||||||||||||||||||||||||||||||
income before income taxes | |||||||||||||||||||||||||||||||||||||||
gain on disposal of stream and offtake interests | |||||||||||||||||||||||||||||||||||||||
other expenses | |||||||||||||||||||||||||||||||||||||||
dividend income | 50,000 | 100,000 | 228,000 | 50,000 | 4,931,000 | 1,572,000 | 1,572,000 | ||||||||||||||||||||||||||||||||
impairment of asset | |||||||||||||||||||||||||||||||||||||||
exploration and evaluation, net of tax credits | 1,240,000 | ||||||||||||||||||||||||||||||||||||||
other gains (losses) | |||||||||||||||||||||||||||||||||||||||
net earnings per share attributable to osisko gold royalties ltd’s shareholders | |||||||||||||||||||||||||||||||||||||||
basic | 0.44 | 0.04 | 0.01 | 0.04 | 0.4 | 0.17 | 0.15 | ||||||||||||||||||||||||||||||||
diluted | 0.44 | 0.04 | 0.01 | 0.04 | 0.4 | 0.17 | 0.15 | ||||||||||||||||||||||||||||||||
other gains (expenses) | 20,000 | ||||||||||||||||||||||||||||||||||||||
cost recoveries from associates | 4,125,000 | 1,013,000 | 907,000 | 990,000 | 3,039,000 | 763,000 | 663,000 | ||||||||||||||||||||||||||||||||
gain on disposal of exploration and evaluation assets | 20,000 | ||||||||||||||||||||||||||||||||||||||
net earnings per share attributable to | |||||||||||||||||||||||||||||||||||||||
basic | 0.05 | 0.1 | |||||||||||||||||||||||||||||||||||||
diluted | 0.05 | 0.1 | |||||||||||||||||||||||||||||||||||||
depletion of royalty and stream interests | |||||||||||||||||||||||||||||||||||||||
expenses | |||||||||||||||||||||||||||||||||||||||
depletion of royalty interests | |||||||||||||||||||||||||||||||||||||||
loss on disposal of exploration and evaluation assets |
Balance Sheets:
Quarterly
Annual
| Unit: USD | 2025-09-30 | 2025-06-30 | 2025-05-08 | 2024-05-09 | 2023-06-07 | 2022-12-31 | 2022-09-30 | 2022-08-09 | 2022-06-30 | 2022-03-31 | 2021-12-31 | 2021-09-30 | 2021-06-30 | 2021-03-31 | 2020-12-31 | 2020-09-30 | 2020-06-30 | 2020-03-31 | 2019-12-31 | 2019-09-30 | 2019-06-30 | 2019-03-31 | 2018-06-30 | 2018-03-31 | 2017-12-31 | 2017-11-08 | 2017-09-30 | 2017-08-04 | 2017-06-30 | 2017-06-04 | 2017-03-31 | 2017-03-15 | 2016-12-31 | 2016-09-30 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
notes | ||||||||||||||||||||||||||||||||||
assets | ||||||||||||||||||||||||||||||||||
current assets | ||||||||||||||||||||||||||||||||||
cash | 57,042,000 | 49,626,000 | 90,548,000 | 300,542,000 | 449,283,000 | 449,283,000 | 449,450,000 | 115,698,000 | 151,945,000 | 254,963,000 | 320,630,000 | 302,524,000 | 160,705,000 | 201,971,000 | 158,325,000 | 108,223,000 | 123,702,000 | 83,589,000 | 108,497,000 | |||||||||||||||
amounts receivable | 3,448,000 | 3,012,000 | 11,700,000 | 10,192,000 | 27,736,000 | 27,736,000 | 16,308,000 | 14,691,000 | 16,038,000 | 17,364,000 | 16,035,000 | 12,894,000 | 11,554,000 | 8,355,000 | 8,797,000 | 6,330,000 | 18,241,000 | 12,816,000 | 6,871,000 | |||||||||||||||
other assets | 723,000 | 980,000 | 2,546,000 | 1,128,000 | 6,698,000 | 6,698,000 | 7,169,000 | 3,941,000 | 2,608,000 | 3,490,000 | 5,028,000 | 6,244,000 | 2,944,000 | 5,878,000 | 4,444,000 | 5,172,000 | 1,289,000 | 967,000 | 1,013,000 | 602,000 | 910,000 | 984,000 | 1,163,000 | 1,163,000 | 674,000 | 674,000 | 807,000 | 974,000 | 974,000 | 1,158,000 | ||||
investment held for sale | 48,840,000 | 48,360,000 | ||||||||||||||||||||||||||||||||
non-current assets | ||||||||||||||||||||||||||||||||||
investments in associates | 39,849,000 | 319,763,000 | 322,009,000 | 126,523,000 | 126,523,000 | 129,687,000 | 125,354,000 | 126,035,000 | 124,454,000 | 125,615,000 | 119,219,000 | 123,946,000 | 123,907,000 | 102,684,000 | 103,640,000 | 212,668,000 | 225,855,000 | 303,407,000 | 314,050,000 | 257,878,000 | 257,433,000 | 198,194,000 | 198,194,000 | 168,813,000 | 168,813,000 | 111,223,000 | 82,902,000 | 82,902,000 | 73,783,000 | |||||
other investments | 178,559,000 | 54,997,000 | 73,504,000 | 72,751,000 | 113,302,000 | 113,302,000 | 130,700,000 | 169,010,000 | 165,485,000 | 135,428,000 | 142,872,000 | 157,514,000 | 123,086,000 | 107,954,000 | 61,176,000 | 67,886,000 | 53,813,000 | 50,525,000 | 121,364,000 | 78,898,000 | 84,288,000 | 115,133,000 | 111,591,000 | 111,591,000 | 143,023,000 | 143,023,000 | 121,336,000 | 108,409,000 | 108,409,000 | 209,822,000 | ||||
royalty, stream and other interests | 1,140,218,000 | 1,156,275,000 | 1,378,253,000 | 1,308,614,000 | 1,148,482,000 | 1,148,482,000 | 1,146,284,000 | 1,154,801,000 | 1,147,153,000 | 1,121,428,000 | 1,100,335,000 | 1,116,128,000 | 1,121,353,000 | 1,128,673,000 | 1,140,113,000 | 1,130,512,000 | 1,296,798,000 | 1,367,468,000 | 1,391,299,000 | 1,643,363,000 | 1,592,240,000 | 1,575,772,000 | 1,650,414,000 | 1,650,414,000 | ||||||||||
goodwill | 79,878,000 | 81,512,000 | 111,204,000 | 111,204,000 | 111,204,000 | 111,204,000 | 111,204,000 | 111,204,000 | 111,204,000 | 111,204,000 | 111,204,000 | 111,204,000 | 111,204,000 | 111,204,000 | 111,204,000 | 111,204,000 | 111,204,000 | 111,204,000 | 111,204,000 | 111,204,000 | 111,204,000 | 111,204,000 | 111,204,000 | 111,204,000 | 111,204,000 | 111,204,000 | 111,204,000 | 111,204,000 | 111,204,000 | 111,204,000 | ||||
liabilities | ||||||||||||||||||||||||||||||||||
current liabilities | ||||||||||||||||||||||||||||||||||
accounts payable and accrued liabilities | 5,451,000 | 4,505,000 | 6,825,000 | 8,306,000 | 33,341,000 | 33,341,000 | 43,936,000 | 30,049,000 | 46,700,000 | 38,924,000 | 41,730,000 | 46,889,000 | 34,186,000 | 14,379,000 | 17,498,000 | 18,772,000 | 10,245,000 | 14,269,000 | 9,273,000 | 11,640,000 | 14,308,000 | 15,310,000 | 8,605,000 | 8,605,000 | 5,829,000 | 5,829,000 | 4,244,000 | 7,438,000 | 7,438,000 | 5,586,000 | ||||
dividends payable | 10,349,000 | 10,349,000 | 10,121,000 | 10,109,000 | 10,177,000 | 10,177,000 | 10,167,000 | 9,157,000 | 9,160,000 | 8,404,000 | 8,364,000 | 8,358,000 | 8,341,000 | 8,259,000 | 7,879,000 | 7,874,000 | 7,200,000 | 7,146,000 | 7,757,000 | 7,811,000 | 7,811,000 | 7,890,000 | 7,850,000 | 7,850,000 | 4,270,000 | 4,270,000 | 4,264,000 | 4,266,000 | 4,266,000 | 4,264,000 | ||||
income tax liabilities | 8,120,000 | 5,482,000 | ||||||||||||||||||||||||||||||||
lease liabilities | 1,249,000 | 1,228,000 | 786,000 | 777,000 | 703,000 | |||||||||||||||||||||||||||||
non-current liabilities | ||||||||||||||||||||||||||||||||||
long-term debt | 35,655,000 | 147,950,000 | 4,636,000 | 4,636,000 | 116,328,000 | 115,544,000 | 405,306,000 | 401,954,000 | 401,266,000 | 350,562,000 | 372,010,000 | 372,354,000 | 374,475,000 | 349,042,000 | 347,638,000 | 326,050,000 | 324,355,000 | 419,228,000 | 467,483,000 | 464,308,000 | 193,738,000 | 193,738,000 | 46,236,000 | 46,236,000 | 46,005,000 | 45,780,000 | 45,780,000 | 45,552,000 | ||||||
deferred income taxes | 91,368,000 | 90,193,000 | 86,572,000 | 83,739,000 | 96,417,000 | 96,417,000 | 67,396,000 | 68,407,000 | 61,669,000 | 57,599,000 | 54,860,000 | 54,429,000 | 53,235,000 | 48,327,000 | 43,711,000 | 47,465,000 | 66,666,000 | 78,679,000 | 77,816,000 | 127,287,000 | 126,663,000 | 126,762,000 | 11,533,000 | 11,533,000 | 12,208,000 | 12,208,000 | 9,084,000 | 7,978,000 | 7,978,000 | 7,657,000 | ||||
equity | ||||||||||||||||||||||||||||||||||
share capital | 1,696,038,000 | 1,695,357,000 | 2,076,070,000 | 2,071,700,000 | 2,085,642,000 | 2,085,642,000 | 2,082,961,000 | 1,783,689,000 | 1,779,565,000 | 1,797,646,000 | 1,783,707,000 | 1,776,629,000 | 1,767,460,000 | 1,742,111,000 | 1,654,146,000 | 1,656,350,000 | 1,502,978,000 | 1,482,860,000 | 1,609,435,000 | 1,622,373,000 | 1,621,867,000 | 1,633,013,000 | 1,620,776,000 | 1,620,776,000 | 913,050,000 | 913,050,000 | 910,474,000 | 908,890,000 | 908,890,000 | 908,764,000 | ||||
contributed surplus | 64,327,000 | 59,209,000 | 77,295,000 | 61,697,000 | 59,383,000 | 59,383,000 | 62,547,000 | 42,525,000 | 41,041,000 | 39,759,000 | 45,387,000 | 41,570,000 | 39,796,000 | 38,220,000 | 37,840,000 | 37,642,000 | 34,041,000 | 36,182,000 | 33,987,000 | 14,876,000 | 14,029,000 | 13,265,000 | 12,452,000 | 12,452,000 | 11,756,000 | 11,756,000 | 11,735,000 | 11,411,000 | 11,411,000 | 9,972,000 | ||||
accumulated other comprehensive loss | ||||||||||||||||||||||||||||||||||
deficit | ||||||||||||||||||||||||||||||||||
the notes are an integral part of these unaudited condensed interim consolidated financial statements. | ||||||||||||||||||||||||||||||||||
or royalties inc. consolidated statements of income for the three and six months ended june 30, 2025 and 2024 | ||||||||||||||||||||||||||||||||||
inventories | 26,361,000 | 26,361,000 | 25,053,000 | 18,596,000 | 19,172,000 | 25,839,000 | 18,386,000 | 10,025,000 | 10,269,000 | 7,969,000 | 9,962,000 | 9,859,000 | 8,430,000 | 8,430,000 | ||||||||||||||||||||
mining interests and plant and equipment | 6,947,000 | 7,209,000 | 836,706,000 | 836,706,000 | 644,960,000 | 635,655,000 | 590,989,000 | 554,491,000 | 524,524,000 | 489,512,000 | 443,371,000 | 369,536,000 | 358,115,000 | 343,693,000 | ||||||||||||||||||||
exploration and evaluation | 42,758,000 | 42,758,000 | 3,640,000 | 3,635,000 | 45,875,000 | 45,349,000 | 42,627,000 | 42,519,000 | 43,150,000 | 43,065,000 | 43,065,000 | 42,949,000 | 92,909,000 | 92,813,000 | 92,777,000 | 102,400,000 | 102,346,000 | 102,182,000 | 102,110,000 | 102,110,000 | 101,800,000 | 101,800,000 | 100,924,000 | 100,038,000 | 100,038,000 | 100,229,000 | ||||||||
provisions and other liabilities | 921,000 | 906,000 | 12,663,000 | 12,663,000 | 6,844,000 | 12,179,000 | 15,956,000 | 21,416,000 | 12,567,000 | 4,431,000 | 4,600,000 | 2,377,000 | 1,303,000 | 1,289,000 | 7,169,000 | 5,382,000 | 5,632,000 | 5,490,000 | 5,490,000 | 7,492,000 | 7,492,000 | 5,311,000 | 4,153,000 | 4,153,000 | 4,053,000 | |||||||||
current portion of long-term debt | 298,232,000 | 300,600,000 | 300,600,000 | 298,033,000 | 294,891,000 | 49,867,000 | 49,580,000 | 49,298,000 | 49,024,000 | |||||||||||||||||||||||||
warrants | 18,072,000 | 18,072,000 | 18,072,000 | 18,072,000 | 18,072,000 | 18,072,000 | 18,072,000 | 18,072,000 | 18,072,000 | 18,072,000 | 18,072,000 | 18,072,000 | 30,901,000 | 30,901,000 | 30,901,000 | 30,901,000 | 30,901,000 | 30,901,000 | 30,901,000 | 30,901,000 | 30,901,000 | 30,901,000 | 30,901,000 | |||||||||||
equity component of convertible debentures | 14,510,000 | 14,510,000 | 14,510,000 | 14,510,000 | 14,510,000 | 14,510,000 | 14,510,000 | 14,510,000 | 17,601,000 | 17,601,000 | 17,601,000 | 17,601,000 | 17,601,000 | 17,601,000 | 17,601,000 | 17,601,000 | 17,601,000 | 17,601,000 | 17,601,000 | |||||||||||||||
accumulated other comprehensive income | 47,435,000 | 55,011,000 | 28,010,000 | 28,010,000 | 26,458,000 | 58,851,000 | 60,181,000 | 49,688,000 | 58,361,000 | 48,951,000 | 59,851,000 | 60,712,000 | 36,195,000 | 13,469,000 | 19,998,000 | 13,437,000 | 21,090,000 | 8,488,000 | 9,081,000 | 7,838,000 | 7,838,000 | 9,360,000 | ||||||||||||
equity attributable to osisko gold royalties ltd's shareholders | 1,737,211,000 | 1,727,376,000 | 1,882,046,000 | 1,905,621,000 | 1,634,605,000 | 1,652,732,000 | 1,672,395,000 | 1,695,135,000 | 1,728,365,000 | |||||||||||||||||||||||||
non-controlling interests | 493,699,000 | 493,699,000 | 180,798,000 | 145,456,000 | 158,868,000 | 169,835,000 | 180,594,000 | 112,667,000 | 1,594,000 | 1,594,000 | 1,693,000 | 1,693,000 | 1,800,000 | 1,867,000 | 1,867,000 | 1,828,000 | ||||||||||||||||||
total equity | 1,737,211,000 | 1,727,376,000 | 2,375,745,000 | 2,375,745,000 | 2,086,419,000 | 1,780,061,000 | 1,811,600,000 | 1,842,230,000 | 1,875,729,000 | 1,841,032,000 | 1,894,405,000 | 1,931,759,000 | 1,931,759,000 | 1,218,302,000 | 1,218,302,000 | 1,218,717,000 | 1,214,304,000 | 1,214,304,000 | 1,200,734,000 | |||||||||||||||
equity attributable to osisko gold royalties ltd’s shareholders | 1,882,046,000 | |||||||||||||||||||||||||||||||||
restricted cash | 206,490,000 | |||||||||||||||||||||||||||||||||
short-term investments | 2,960,000 | 3,408,000 | 3,458,000 | 3,501,000 | 21,568,000 | 21,105,000 | 21,228,000 | 20,704,000 | 25,844,000 | 16,165,000 | 13,119,000 | 1,000,000 | 500,000 | 1,447,000 | 1,447,000 | 1,547,000 | 1,547,000 | 2,547,000 | 2,100,000 | 2,100,000 | 100,000 | |||||||||||||
subscription receipts liability | 207,980,000 | |||||||||||||||||||||||||||||||||
current assets - sum | 305,064,000 | 363,537,000 | 335,188,000 | |||||||||||||||||||||||||||||||
current liabilities - sum | 68,744,000 | 62,661,000 | 109,545,000 | |||||||||||||||||||||||||||||||
2 | ||||||||||||||||||||||||||||||||||
osisko gold royalties ltd consolidated statements of loss for the three months ended march 31, 2020 and 2019 | ||||||||||||||||||||||||||||||||||
retained earnings | 27,211,000 | 188,872,000 | 202,042,000 | 202,503,000 | 273,465,000 | 273,465,000 | 258,544,000 | 258,544,000 | 251,635,000 | 250,306,000 | 250,306,000 | 236,818,000 | ||||||||||||||||||||||
(signed) sean roosen, director | ||||||||||||||||||||||||||||||||||
provisions | 4,439,000 | |||||||||||||||||||||||||||||||||
osisko gold royalties ltd | ||||||||||||||||||||||||||||||||||
consolidated statements of income | ||||||||||||||||||||||||||||||||||
for the three and nine months ended september 30, 2019 and 2018 | ||||||||||||||||||||||||||||||||||
asset held for sale | 69,757,000 | |||||||||||||||||||||||||||||||||
liability for share repurchase | 71,434,000 | |||||||||||||||||||||||||||||||||
for the three and six months ended june 30, 2019 and 2018 | ||||||||||||||||||||||||||||||||||
for the three months ended march 31, 2019 and 2018 | ||||||||||||||||||||||||||||||||||
cash and cash equivalents | 188,631,000 | 332,617,000 | 333,705,000 | 108,902,000 | 108,902,000 | 348,642,000 | 348,642,000 | 423,567,000 | 499,249,000 | 499,249,000 | 392,717,000 | |||||||||||||||||||||||
accounts receivable | 9,023,000 | 8,718,000 | 8,385,000 | 15,692,000 | 15,692,000 | 7,139,000 | 7,139,000 | 6,223,000 | 8,416,000 | 8,416,000 | 9,002,000 | |||||||||||||||||||||||
equity reserve | 990,000 | 990,000 | ||||||||||||||||||||||||||||||||
for the three and six months ended june 30, 2018 and 2017 | ||||||||||||||||||||||||||||||||||
equity attributable to osisko gold royalties ltd shareholders | 1,894,405,000 | 1,930,165,000 | 1,930,165,000 | 1,216,609,000 | 1,216,609,000 | 1,216,917,000 | 1,212,437,000 | 1,212,437,000 | 1,198,906,000 | |||||||||||||||||||||||||
for the three months ended march 31, 2018 and 2017 | ||||||||||||||||||||||||||||||||||
property and equipment | 250,000 | 250,000 | 259,000 | 259,000 | 277,000 | 266,000 | 266,000 | 744,000 | ||||||||||||||||||||||||||
equity component of convertible debenture | 3,091,000 | 3,091,000 | 3,091,000 | 3,091,000 | 3,091,000 | 3,091,000 | 3,091,000 | 3,091,000 | ||||||||||||||||||||||||||
royalty and stream interests | 543,202,000 | 543,202,000 | 534,377,000 | |||||||||||||||||||||||||||||||
derivative financial instruments | 10,484,000 | 10,484,000 | ||||||||||||||||||||||||||||||||
b. | ||||||||||||||||||||||||||||||||||
c. | ||||||||||||||||||||||||||||||||||
1.1 | ||||||||||||||||||||||||||||||||||
royalty interests | 494,768,000 | 494,768,000 | 492,596,000 |
Cashflow Statements:
Quarterly
Annual
| Unit: USD | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-09-30 | 2023-06-30 | 2023-03-31 | 2022-09-30 | 2022-06-30 | 2022-03-31 | 2021-09-30 | 2021-06-30 | 2021-03-31 | 2020-09-30 | 2020-06-30 | 2020-03-31 | 2019-06-30 | 2019-05-01 | 2019-02-20 | 2019-01-01 | 2017-09-30 | 2017-06-30 | 2017-03-31 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
operating activities | |||||||||||||||||||||||||
net earnings | 50,487,000 | 6,718,000 | 25,640,000 | 15,073,000 | 9,763,000 | -534,000 | -4,307,000 | 6,936,000 | 4,000,000 | ||||||||||||||||
adjustments for: | |||||||||||||||||||||||||
share-based compensation | -115,000 | 82,000 | 2,089,000 | -103,000 | 148,000 | 2,113,000 | 1,099,000 | 579,000 | 2,289,000 | -473,000 | -1,106,000 | 3,631,000 | 1,755,000 | -1,210,000 | 3,300,000 | 885,000 | -1,001,000 | 2,683,000 | -1,181,000 | 2,701,000 | -743,000 | 1,007,000 | 2,662,000 | ||
depletion and amortization | 2,584,000 | -123,000 | 8,032,000 | -896,000 | -1,111,000 | 11,853,000 | 3,952,000 | -483,000 | 13,754,000 | -1,560,000 | 966,000 | 15,017,000 | 1,124,000 | -467,000 | 12,261,000 | 973,000 | -5,151,000 | 14,132,000 | -494,000 | 12,660,000 | 4,651,000 | 358,000 | 3,352,000 | ||
impairment of royalty, stream and other interests | |||||||||||||||||||||||||
changes in expected credit losses of other investments | |||||||||||||||||||||||||
share of loss of associates | 6,200,000 | -1,639,000 | 3,752,000 | 8,071,000 | -10,441,000 | 13,558,000 | 6,145,000 | -76,000 | -1,089,000 | 1,829,000 | 32,000 | -698,000 | -258,000 | 1,716,000 | 7,018,000 | 1,762,000 | 71,000 | 1,445,000 | |||||||
change in fair value of financial assets at fair value through profit and loss | 32,000 | -262,000 | 286,000 | -251,000 | 1,504,000 | -1,736,000 | 2,745,000 | 8,176,000 | -131,000 | 1,908,000 | |||||||||||||||
gain on deemed disposal of an associate | |||||||||||||||||||||||||
reclassification to the statement of income of other comprehensive loss on the deemed disposal of an investment in associate | |||||||||||||||||||||||||
foreign exchange loss | -2,234,000 | 3,287,000 | 3,390,000 | -7,000 | 16,000 | -153,000 | -675,000 | 1,159,000 | 1,807,000 | 1,415,000 | |||||||||||||||
deferred income tax expense | 4,533,000 | -6,177,000 | 7,242,000 | 7,368,000 | -4,190,000 | 7,460,000 | 153,000 | 505,000 | 133,000 | 3,350,000 | 2,125,000 | -1,464,000 | 302,000 | 1,721,000 | |||||||||||
other | 62,000 | 104,000 | -1,000 | -5,000 | 157,000 | -215,000 | -2,176,000 | 455,000 | 2,000 | -915,000 | 948,000 | -3,000 | 47,000 | 80,000 | -116,000 | 450,000 | |||||||||
net cash flows from operating activities before changes in non-cash working capital items | 16,180,000 | -2,034,000 | 47,053,000 | -6,861,000 | 3,805,000 | 51,058,000 | -5,434,000 | 492,000 | 48,722,000 | 28,194,000 | -6,666,000 | 22,623,000 | -1,431,000 | -934,000 | 36,252,000 | 13,141,000 | -9,378,000 | 27,934,000 | 842,000 | 22,621,000 | -7,456,000 | 662,000 | 13,021,000 | ||
changes in non-cash working capital items | -2,951,000 | 987,000 | 2,129,000 | ||||||||||||||||||||||
net cash flows from operating activities | 13,229,000 | 5,296,000 | 46,079,000 | -5,117,000 | 1,941,000 | 50,377,000 | 45,450,000 | 23,610,000 | 10,166,000 | 9,593,000 | 21,324,000 | 20,701,000 | -8,378,000 | 23,800,000 | -3,400,000 | 24,750,000 | -12,992,000 | 2,073,000 | 12,013,000 | ||||||
investing activities | |||||||||||||||||||||||||
acquisitions of short-term investments | |||||||||||||||||||||||||
acquisitions of investments | |||||||||||||||||||||||||
proceeds on disposal of investments | 5,016,000 | -17,869,000 | 21,055,000 | -11,433,000 | 19,771,000 | 4,048,000 | 2,793,000 | 322,000 | 57,630,000 | 422,000 | 25,027,000 | -21,543,000 | 22,512,000 | ||||||||||||
acquisitions of royalty, stream and other interests | |||||||||||||||||||||||||
proceeds on the exercise of a buy-down right | |||||||||||||||||||||||||
net cash flows from investing activities | 4,273,000 | ||||||||||||||||||||||||
financing activities | |||||||||||||||||||||||||
increase in long-term debt | 10,437,000 | -204,000 | 3,870,000 | 50,000,000 | 71,660,000 | ||||||||||||||||||||
repayment of long-term debt | |||||||||||||||||||||||||
exercise of share options and shares issued under the share purchase plan | -8,851,000 | 6,302,000 | 2,587,000 | -1,900,000 | -1,605,000 | -7,238,000 | 8,900,000 | -189,000 | -310,000 | 622,000 | -8,042,000 | 3,151,000 | 4,978,000 | 5,476,000 | |||||||||||
normal course issuer bid purchase of common shares | |||||||||||||||||||||||||
dividends paid | |||||||||||||||||||||||||
withholding taxes on settlement of restricted and deferred share units | |||||||||||||||||||||||||
net cash flows from financing activities | -238,145,000 | 322,665,000 | 28,102,000 | 16,179,000 | 60,367,000 | ||||||||||||||||||||
increase in cash before effects of exchange rate changes on cash | 334,003,000 | 19,647,000 | 2,775,000 | 45,519,000 | |||||||||||||||||||||
effects of exchange rate changes on cash | 591,000 | 10,000 | -229,000 | 712,000 | 4,583,000 | ||||||||||||||||||||
net increase in cash | 3,974,000 | 2,880,000 | 28,536,000 | ||||||||||||||||||||||
cash - beginning of period | -13,444,000 | 3,974,000 | 59,096,000 | -4,877,000 | 2,880,000 | 67,721,000 | 28,536,000 | 90,548,000 | 333,752,000 | 115,698,000 | -65,667,000 | 18,106,000 | 302,524,000 | 43,646,000 | 50,102,000 | 108,223,000 | |||||||||
cash - end of period | 7,416,000 | -13,444,000 | 63,070,000 | -7,184,000 | -4,877,000 | 70,601,000 | -49,051,000 | 119,084,000 | -167,000 | 449,450,000 | -103,018,000 | -65,667,000 | 320,630,000 | -41,266,000 | 43,646,000 | 158,325,000 | |||||||||
impairment of royalty interests | |||||||||||||||||||||||||
acquisitions of royalty and stream interests | |||||||||||||||||||||||||
decrease in cash before effects of exchange rate changes on cash | |||||||||||||||||||||||||
net decrease in cash | |||||||||||||||||||||||||
notes | |||||||||||||||||||||||||
changes in expected credit loss of other investments | |||||||||||||||||||||||||
proceeds from disposal of investments | |||||||||||||||||||||||||
increase in cash before effects of exchange rate changes | 3,964,000 | 2,168,000 | 28,552,000 | ||||||||||||||||||||||
impairment of royalty and stream interests | |||||||||||||||||||||||||
impairment of investments in associates | |||||||||||||||||||||||||
net gain on dilution of investments | |||||||||||||||||||||||||
loss on the deemed disposal of an associate | |||||||||||||||||||||||||
increase in cash | 333,752,000 | 18,106,000 | -6,456,000 | 50,102,000 | |||||||||||||||||||||
deferred income tax (recovery) expense | |||||||||||||||||||||||||
decrease in cash | |||||||||||||||||||||||||
proceeds on disposal and repayment of investments | 5,177,000 | ||||||||||||||||||||||||
repayment of long-term debt, net of discount on banker's acceptances | |||||||||||||||||||||||||
proceeds from the exercise of share options and shares issued under the share purchase plan | 4,867,000 | ||||||||||||||||||||||||
net earnings from continuing operations | -2,887,000 | 20,848,000 | |||||||||||||||||||||||
expected credit loss and write-off of other investments | |||||||||||||||||||||||||
finance costs | -2,000 | 1,000 | 123,000 | -739,000 | 425,000 | 2,145,000 | 342,000 | -123,000 | 1,839,000 | -238,000 | -498,000 | 2,624,000 | 108,000 | 1,683,000 | |||||||||||
net operating cash flows from continuing operations | -3,928,000 | 1,942,000 | 45,450,000 | ||||||||||||||||||||||
net operating cash flows used by discontinued operations | |||||||||||||||||||||||||
cash outflow from deconsolidation of osisko development | |||||||||||||||||||||||||
net investing cash flows used by continuing operations | |||||||||||||||||||||||||
net investing cash flows used by discontinued operations | |||||||||||||||||||||||||
bought deal equity financing | 311,962,000 | ||||||||||||||||||||||||
share issue costs | |||||||||||||||||||||||||
increase in long-term debt, net of discount on banker's acceptances | |||||||||||||||||||||||||
net financing cash flows (used) provided by continuing operations | |||||||||||||||||||||||||
net financing cash flows (used) provided by discontinued operations | |||||||||||||||||||||||||
net cash flows (used) provided by financing activities | |||||||||||||||||||||||||
continuing operations | |||||||||||||||||||||||||
discontinued operations | |||||||||||||||||||||||||
revenues | |||||||||||||||||||||||||
cost of sales | |||||||||||||||||||||||||
depletion | |||||||||||||||||||||||||
gross profit | |||||||||||||||||||||||||
other operating expenses | |||||||||||||||||||||||||
general and administrative | |||||||||||||||||||||||||
business development | |||||||||||||||||||||||||
operating income | |||||||||||||||||||||||||
interest income | |||||||||||||||||||||||||
foreign exchange gain | 773,000 | ||||||||||||||||||||||||
share of income of associates | |||||||||||||||||||||||||
other losses | |||||||||||||||||||||||||
earnings before income taxes | |||||||||||||||||||||||||
income tax expense | |||||||||||||||||||||||||
net loss from discontinued operations | |||||||||||||||||||||||||
net earnings attributable to: | |||||||||||||||||||||||||
osisko gold royalties ltd’s shareholders | |||||||||||||||||||||||||
non-controlling interests | |||||||||||||||||||||||||
osisko gold royalties ltd | |||||||||||||||||||||||||
consolidated statements of cash flows | |||||||||||||||||||||||||
for the three and six months ended june 30, 2023 and 2022 | |||||||||||||||||||||||||
expected credit losses of other investments | |||||||||||||||||||||||||
net gain on acquisition of investments | |||||||||||||||||||||||||
net cash flows provided (used) by operating activities | |||||||||||||||||||||||||
net investing cash flows (used) provided by continuing operations | |||||||||||||||||||||||||
repayment of long-term debt, net of discount on banker’s acceptances | |||||||||||||||||||||||||
net financing cash flows provided (used) by continuing operations | |||||||||||||||||||||||||
net financing cash flows from discontinued operations | |||||||||||||||||||||||||
cash – beginning of period | |||||||||||||||||||||||||
cash – end of period | |||||||||||||||||||||||||
impairment of assets | 271,000 | -108,000 | -136,000 | 520,000 | -7,159,000 | 36,079,000 | 4,400,000 | -23,183,000 | 26,300,000 | ||||||||||||||||
net financing cash flows used by continuing operations | |||||||||||||||||||||||||
change in fair value of financial assets and liabilities at fair value through profit and loss | |||||||||||||||||||||||||
net disposal of short-term investments | |||||||||||||||||||||||||
acquisition of investments | |||||||||||||||||||||||||
acquisition of royalty and stream interests | |||||||||||||||||||||||||
net cash flows used by investing activities | |||||||||||||||||||||||||
capital payments on lease liabilities | |||||||||||||||||||||||||
net financing cash flows used (provided) by discontinued operations | |||||||||||||||||||||||||
exploration and evaluation | |||||||||||||||||||||||||
mining operating expenses | |||||||||||||||||||||||||
impairments - royalty, stream and other interests | |||||||||||||||||||||||||
impairments - mining exploration, evaluation and development | |||||||||||||||||||||||||
other gains | |||||||||||||||||||||||||
net earnings per share | |||||||||||||||||||||||||
basic and diluted | |||||||||||||||||||||||||
gain in deemed disposal of associate | |||||||||||||||||||||||||
flow-through shares premium income | |||||||||||||||||||||||||
acquisition of tintic, net of cash acquired | |||||||||||||||||||||||||
mining assets and plant and equipment | |||||||||||||||||||||||||
exploration and evaluation expenses | |||||||||||||||||||||||||
reclamation deposits | |||||||||||||||||||||||||
investments from minority shareholders | 170,763,000 | 42,390,000 | 38,841,000 | ||||||||||||||||||||||
share issue expenses from investments from minority shareholders | |||||||||||||||||||||||||
net gain on dilution of investments in associates | |||||||||||||||||||||||||
deferred income tax recovery | 5,128,000 | ||||||||||||||||||||||||
exploration and evaluation expenses, net of tax credits | |||||||||||||||||||||||||
net gain on disposal of investments | |||||||||||||||||||||||||
others | |||||||||||||||||||||||||
acquisition of the san antonio gold project | |||||||||||||||||||||||||
restricted cash | |||||||||||||||||||||||||
private placement of common shares | |||||||||||||||||||||||||
net gain on disposal of an offtake interest | |||||||||||||||||||||||||
net (gain) loss on dilution of investments in associates | |||||||||||||||||||||||||
net (gain) loss on disposal of investments | |||||||||||||||||||||||||
impairment of investments | |||||||||||||||||||||||||
deemed listing fees of osisko development | |||||||||||||||||||||||||
net disposal (acquisition) of short-term investments | |||||||||||||||||||||||||
cash acquired through the acquisition of barkerville | |||||||||||||||||||||||||
transaction fees paid on acquisition of barkerville | |||||||||||||||||||||||||
proceeds on disposal of royalty and stream interests | |||||||||||||||||||||||||
common shares acquired and cancelled through a share repurchase | |||||||||||||||||||||||||
cash - january 1 | |||||||||||||||||||||||||
cash - december 31 | |||||||||||||||||||||||||
the notes are an integral part of these consolidated financial statements. | |||||||||||||||||||||||||
net gain on disposal of an offtake | |||||||||||||||||||||||||
net loss on disposal of investments | |||||||||||||||||||||||||
short-term investments | |||||||||||||||||||||||||
proceeds on disposal of royalty and offtake interests | |||||||||||||||||||||||||
exploration and evaluation (expenses) tax credits | |||||||||||||||||||||||||
financing fees | |||||||||||||||||||||||||
net loss | |||||||||||||||||||||||||
net loss on acquisition of investments | 175,000 | 2,598,000 | |||||||||||||||||||||||
change in fair value of financial assets at fair value through profit or loss | 1,310,000 | 529,000 | 211,000 | ||||||||||||||||||||||
exercise of share options and shares issued under the employee share purchase plan | 360,000 | 5,683,000 | |||||||||||||||||||||||
net loss on dilution of investments in associates | |||||||||||||||||||||||||
settlement of restricted and deferred share units | |||||||||||||||||||||||||
exploration and evaluation tax credits (expenses) | |||||||||||||||||||||||||
other assets | |||||||||||||||||||||||||
issue expenses | |||||||||||||||||||||||||
principal elements of lease payments | |||||||||||||||||||||||||
effects of exchange rate changes on cash and cash equivalents | |||||||||||||||||||||||||
decrease in cash and cash equivalents | |||||||||||||||||||||||||
cash and cash equivalents – beginning of period | -65,768,000 | 174,265,000 | -74,925,000 | -75,682,000 | 499,249,000 | ||||||||||||||||||||
cash and cash equivalents – end of period | -24,908,000 | 108,497,000 | -239,740,000 | -74,925,000 | 423,567,000 | ||||||||||||||||||||
net income on dilution of investments in associates | |||||||||||||||||||||||||
net cash flows used in financing activities | |||||||||||||||||||||||||
impairment of asset | 38,900,000 | ||||||||||||||||||||||||
settlement of deferred share units | |||||||||||||||||||||||||
exploration and evaluation tax credits | 186,000 | ||||||||||||||||||||||||
net income | |||||||||||||||||||||||||
gain on disposal of stream and offtake interests | |||||||||||||||||||||||||
impairment of an investment in associate | |||||||||||||||||||||||||
settlement of deferred and restricted share units | |||||||||||||||||||||||||
acquisition of short-term investments | |||||||||||||||||||||||||
proceeds on sale of royalty and stream interests | |||||||||||||||||||||||||
mining interests and plant and equipment | |||||||||||||||||||||||||
exploration and evaluation tax credits, net of expenses | |||||||||||||||||||||||||
consolidated statement of changes in equity | |||||||||||||||||||||||||
for the year ended december 31, 2019 | |||||||||||||||||||||||||
4. | |||||||||||||||||||||||||
notes to the condensed interim consolidated financial statements | |||||||||||||||||||||||||
for the three and nine months ended september 30, 2019 and 2018 | |||||||||||||||||||||||||
net decrease in short-term investments | -900,000 | ||||||||||||||||||||||||
property and equipment | |||||||||||||||||||||||||
issuance of common shares | |||||||||||||||||||||||||
investment from non-controlling interests | |||||||||||||||||||||||||
decrease in cash and cash equivalents before effects of exchange rate changes on cash and cash equivalents | |||||||||||||||||||||||||
net income on acquisition of investments | |||||||||||||||||||||||||
net decrease (increase) in short-term investments | |||||||||||||||||||||||||
net cash flows used in investing activities | |||||||||||||||||||||||||
settlement of restricted share units | |||||||||||||||||||||||||
business combination, net of cash acquired | |||||||||||||||||||||||||
settlement of derivative financial instruments | |||||||||||||||||||||||||
proceeds on sale of royalty interests | |||||||||||||||||||||||||
exploration and evaluation, net of tax credits | 1,242,000 | ||||||||||||||||||||||||
issuance of long-term debt | |||||||||||||||||||||||||
issuance of common shares and warrants | 260,300,000 | 647,000 | 869,000 | ||||||||||||||||||||||
increase in cash and cash equivalents before effects of exchange rate changes on cash and cash equivalents | |||||||||||||||||||||||||
increase in cash and cash equivalents | |||||||||||||||||||||||||
cash and cash equivalents – january 1 | |||||||||||||||||||||||||
cash and cash equivalents – december 31 | |||||||||||||||||||||||||
net loss (gain) on acquisition of investments | |||||||||||||||||||||||||
loss on disposal of exploration and evaluation assets | |||||||||||||||||||||||||
share of loss (income) of associates | |||||||||||||||||||||||||
gain on disposal of exploration and evaluation assets | |||||||||||||||||||||||||
issuance of convertible debenture | |||||||||||||||||||||||||
net cash flows from (used in) financing activities | |||||||||||||||||||||||||
investments from non-controlling interests | 1,333,000 | ||||||||||||||||||||||||
accretion on note receivable | |||||||||||||||||||||||||
cash acquired – acquisition of virginia | |||||||||||||||||||||||||
acquisition of royalty interests | |||||||||||||||||||||||||
convertible debenture | |||||||||||||||||||||||||
issuance of special warrants | |||||||||||||||||||||||||
gain on acquisition of investments | |||||||||||||||||||||||||
decrease (increase) in short-term investments |