MONTREAL (AP) _ Osisko Gold Royalties Ltd. (OR) on Wednesday reported fourth-quarter internet earnings of $3.6 million, after reporting a loss in the identical interval a 12 months earlier.
The Montreal-based firm mentioned it had revenue of two cents per share. Earnings, adjusted for non-recurring prices, have been 5 cents per share.
The outcomes fell wanting Wall Avenue expectations. The common estimate of 4 analysts surveyed by Zacks Funding Analysis was for earnings of 9 cents per share.
The mining royalty and exploration firm posted income of $49.5 million within the interval.
Osisko Gold shares have decreased 11% because the starting of the 12 months. Within the remaining minutes of buying and selling on Wednesday, shares hit $11.25, a climb of 10% within the final 12 months.