Osisko Reports 18,408 Attributable Gold Equivalent Ounces In Q3 On Preliminary Basis
Portfolio Pulse from Benzinga Newsdesk
Osisko reported 18,408 attributable gold equivalent ounces in Q3, with preliminary revenues of C$57.3 million and a cash margin of C$55.1 million. The company reduced its net debt to C$22.2 million after repaying C$27.3 million.
October 08, 2024 | 9:03 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Osisko reported strong Q3 results with 18,408 gold equivalent ounces and a cash margin of C$55.1 million. The company reduced its net debt to C$22.2 million after repaying C$27.3 million, indicating strong financial health.
The strong Q3 results, high cash margin, and significant debt reduction suggest positive financial health and operational efficiency, likely boosting investor confidence and stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100