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Osisko expects to hit low end of 2022 guidance

Osisko Gold Royalties is expecting to hit the low-end of 2022 guidance of 90,000-95,000 gold equivalent ounces, following a Q3 which earned them record deliveries, but negative impacts stemming from a higher gold-silver price ratio.

Nathan Richardson
“The higher gold-silver price ratio, which has since subsided somewhat, decreased GEOs earned by approximately 850 ounces in the third quarter versus expectations,” CEO Singh said.

“The higher gold-silver price ratio, which has since subsided somewhat, decreased GEOs earned by approximately 850 ounces in the third quarter versus expectations,” CEO Singh said.

The company earned about 23,850 attributable GEOs in Q3, with preliminary revenues from royalties and streams of C$53.7 (US$38.89) million and preliminary cost of sales of C$4.4 million, which resulted...

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