Osisko Gold Royalties (Osisko) (NYSE:OR) has announced its second quarter 2024 financial results, including deliveries, revenues, and cash margin. 

The Montréal-based firm revealed it earned 20,068 gold equivalent ounces (GEOs) and preliminary second-quarter revenue of $64.8 million, resulting in a record cash margin of approximately $62.6 million.

As of June 30th, 2024, Osisko's cash position stood at approximately $65.7 million.

This healthy cash reserve was achieved after making significant repayments of $44.2 million on the corporation's revolving credit facility during the second quarter.

These repayments bring the total repayments to $87.9 million for the first half of 2024.