Osisko Mining Rating Lowered to Hold at Desjardins (OSK)
Osisko Mining (TSE:OSK) was downgraded by stock analysts at Desjardins from a “top pick” rating to a “hold” rating in a report issued on Monday, AnalystRatingsNetwork reports.
Osisko Mining (TSE:OSK) remained flat at $6.47 during trading on Monday. 2,603,416 shares of the company’s stock traded hands. Osisko Mining has a 52-week low of $2.98 and a 52-week high of $7.90. The stock has a 50-day moving average of $4.78 and a 200-day moving average of $4.76. The company’s market cap is $2.832 billion.
Several other analysts have also recently commented on the stock. Analysts at RBC Capital downgraded shares of Osisko Mining from an “outperform” rating to a “sector perform” rating in a research note to investors on Tuesday, January 14th. They now have a C$6.50 price target on the stock, up previously from C$5.50. Separately, analysts at Canaccord Genuity downgraded shares of Osisko Mining from a “buy” rating to a “hold” rating in a research note to investors on Tuesday, January 14th. They now have a C$6.50 price target on the stock. Finally, analysts at CIBC raised their price target on shares of Osisko Mining from C$6.00 to C$7.00 in a research note to investors on Tuesday, November 12th. They now have an “outperform” rating on the stock. Four analysts have rated the stock with a hold rating and six have given a buy rating to the stock. Osisko Mining has a consensus rating of “Buy” and an average target price of C$7.00.
Osisko Mining Corporation (TSE:OSK) is engaged in the business of acquiring, exploring, developing and operating mineral properties, primarily those containing gold and associated precious metals.
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