Osisko Gold Royalties (NYSE: OR) reported an 18.6% year-over-year fall in attributable gold equivalent ounces ("GEOs") in the second quarter of 2024. Preliminary revenues from royalties and streams were disclosed at $64.8 million, which suggests a 7.1% increase from the prior-year quarter's actual. OR earned attributable GEOs of around 20,068 in the quarter. Preliminary cost of sales (excluding depletion) came in at $2.2 million in the second quarter, suggesting a dip from the $4.3 million reported in the year-ago quarter. The cash margin in the quarter was a record $62.6 million, indicating 11.4% growth from the year-ago quarter's actual. The cash margin was 97% compared with 93% in the second quarter of 2023. As of Jun 30, 2024, OR's cash position was $65.7 million. The company used $44.2 million in repayments on its revolving credit facility in the second quarter for total repayments of $87.9 million in the first half of 2024. Osisko reported adjusted earnings per share of 12 cents in first-quarter 2024, beating the Zacks Consensus Estimate of 11 cents. The bottom line declined 8% year over ...