OR - Osisko Gold Royalties: Further Impairment Charges Impact The Q4 Results Heavily
Osisko Gold Royalties' (OR) Q4 financial results were somehow mixed. On one hand, the attributable gold equivalent production increased notably, on the other hand, the financial results were much worse in comparison to the previous quarters. The positive is that the 2020 production guidance envisions meaningful growth in comparison to 2019.
In Q4, Osisko's attributable gold equivalent production equaled 20,479 toz. It represents a 13% growth in comparison to Q3 and 2.4% growth in comparison to Q4 2018. The growth was reached despite lower diamond prices that have a negative impact on Osisko's