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MONTREAL (AP) — MONTREAL (AP) — Osisko Gold Royalties Ltd. (OR) on Wednesday reported first-quarter profit of $25.6 million.
The Montreal-based company said it had profit of 14 cents per share. Earnings, adjusted for non-recurring costs, came to 16 cents per share.
The results topped Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 13 cents per share.
The mining royalty and exploration company posted revenue of $54.9 million in the period.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on OR at https://www.zacks.com/ap/OR