Osisko Gold Group Inc. (ODV) Form 6-K — Aug 13, 2026
Osisko Gold Group Inc. reported Q2 2026 revenue of $32.7 million, up from $6.9 million in Q2 2025, on the sale of 5,547 gold ounces from small-scale mining at the Tintic Project, swinging to $8.1 million in operating income from a $16.3 million loss a year ago. The company ended the quarter with approximately $837.3 million in cash after closing a US$300.0 million offering of 4.125% convertible senior notes due 2031 in May, and has US$113.6 million ($161.4 million) drawn under its US$450 million Appian project financing facility for the Cariboo Gold Project.
Key figures
- Revenue
- $32.7 million CAD (Q2 2026)
- Debt Amount
- US$300.0 million convertible senior notes; US$113.6 million ($161.4 million CAD) drawn under the US$450 million Appian 2025 Financing Facility
- Revenue Yoy
- up from $6.9 million in Q2 2025
- Cash Position
- $837.3 million CAD as of June 30, 2026
- Interest Rate
- 4.125% (convertible senior notes)
- Maturity Date
- 2031 (convertible senior notes due 2031)
- Dsus granted
- 247129
- Rsus granted
- 1426600
- Camp capacity
- 358 rooms (upgrade complete)
- Cost of sales
- $12.0 million (vs $4.1 million in Q2 2025)
- Options granted
- 1104400
- Gold ounces sold
- 5547
- Operating income
- $8.1 million (vs $16.3 million loss in Q2 2025)
- Planned 2026 drilling
- up to 160,000 metres across all targets; up to 20 drill rigs expected
- Tintic direct shipping
- 4,879 tonnes at average grade of 38.71 g/t gold, 89.5% payability
- Underground development
- approximately 2.7 km completed to date at Cariboo
- Wells support agreement
- up to $3.0 million CAD over three-year term
- Infill drilling completed
- 13,684 metres across 142 drillholes (Appian project financing requirement)
- Convertible notes tranches
- US$225.0 million closed May 26, 2026; US$75.0 million closed May 28, 2026
- Additional drilling released
- 2,995 metres of infill and near-mine exploration drilling
- Convertible notes outstanding
- $414.3 million CAD (US$300.0 million)
- Shares issued tintic deferred payment
- 871683
AI analysis
Red flags5 · Pro
The rest of the AI analysis, red flags and sentiment are part of Signal8 Pro.
AI-generated analysis of a public disclosure. Not investment advice; verify against the original document.