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
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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.
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