MONTREAL (AP) — MONTREAL (AP) — Osisko Gold Royalties Ltd. (OR) on Wednesday reported second-quarter profit of $13.4 million.
The Montreal-based company said it had net income of 7 cents per share. Earnings, adjusted for non-recurring costs, were 13 cents per share.
The results beat 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 million in the period.