Osisko Mining Price Target Raised to C$7.25 at Canaccord Genuity (OSK)
Research analysts at Canaccord Genuity hoisted their price objective on shares of Osisko Mining (TSE:OSK) from C$6.50 to C$7.25 in a report released on Thursday, Stock Ratings News reports. The firm currently has a “hold” rating on the stock. Canaccord Genuity’s price target suggests a potential upside of 5.99% from the stock’s previous close.
Shares of Osisko Mining (TSE:OSK) traded up 0.73% on Thursday, hitting $6.89. 377,157 shares of the company’s stock traded hands. Osisko Mining has a 52-week low of $2.98 and a 52-week high of $7.08. The stock has a 50-day moving average of $6.27 and a 200-day moving average of $5.20. The company’s market cap is $3.016 billion.
Several other analysts have also recently commented on the stock. Analysts at National Bank Financial raised their price target on shares of Osisko Mining from C$6.50 to C$7.00 in a research note on Wednesday. They now have a “sector perform” rating on the stock. Separately, analysts at TD Securities downgraded shares of Osisko Mining from a “buy” rating to a “hold” rating in a research note on Wednesday. They now have a C$7.25 price target on the stock, up previously from C$7.00. Finally, analysts at NBF raised their price target on shares of Osisko Mining from C$6.50 to C$7.00 in a research note on Wednesday. Six analysts have rated the stock with a hold rating and five have assigned a buy rating to the company’s stock. The company has a consensus rating of “Hold” and an average price target of C$7.11.
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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