Osisko Gold: Q4 Earnings Snapshot

MONTREAL (AP) — MONTREAL (AP) — Osisko Gold Royalties Ltd. (OR) on Thursday reported fourth-quarter net income of $16.5 million.

The Montreal-based company said it had net income of 9 cents per share. Earnings, adjusted for non-recurring costs, came to 14 cents per share.

The results topped Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 11 cents per share.

The mining royalty and exploration company posted revenue of $45.6 million in the period.

For the year, the company reported a loss of $91.3 million, or 51 cents per share. Revenue was reported as $167.5 million.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on OR at https://www.zacks.com/ap/OR

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