Osisko Gold Royalties Ltd. (
TSX: T.OR,
NYSE: Or,
Forum) released an update today on its investment portfolio. As of April 7, 2017, it said the portfolio has an estimated fair value of approximately $407.9 million.
The acquired cash price of the portfolio is approximately $233.2 million, the company said.
More information can be found
here.
Osisko Gold Royalties is an intermediate precious metal royalty company. It holds over 50 royalties, including a 5% NSR royalty on the Canadian Malartic mine, the largest gold producer in Canada.
Osisko was in the news recently when it reported its fourth quarter and full year 2016 financial results.
Highlights included fourth quarter revenue of $13.7 million, up from $12.8 million a year earlier.
FULL DISCLOSURE: Osisko Gold Royalties Ltd. is a paid client of Stockhouse Publishing.