Osisko Mining Corp (OSK) Receives Average Rating of “Buy” from Analysts
Osisko Mining Corp (TSE:OSK) has received a consensus recommendation of “Buy” from the seven research firms that are currently covering the stock, Marketbeat Ratings reports. Two investment analysts have rated the stock with a hold recommendation and four have assigned a buy recommendation to the company. The average 12 month price objective among brokerages that have covered the stock in the last year is C$8.11.
Separately, National Bank Financial set a C$5.75 price target on shares of Osisko Mining Corp and gave the company an “outperform” rating in a report on Thursday.
In related news, Director David William Christie sold 50,000 shares of the stock in a transaction that occurred on Friday, July 21st. The shares were sold at an average price of C$4.35, for a total value of C$217,500.00. Also, Director Elif Lévesque sold 43,936 shares of the stock in a transaction that occurred on Tuesday, September 5th. The shares were sold at an average price of C$5.00, for a total transaction of C$219,680.00.
Shares of Osisko Mining Corp (OSK) traded up 7.11% on Thursday, reaching $4.52. 488,914 shares of the company’s stock traded hands. The company’s market cap is $856.21 million. The stock has a 50-day moving average price of $4.55 and a 200-day moving average price of $4.66. Osisko Mining Corp has a 12-month low of $2.08 and a 12-month high of $5.65.
Osisko Mining Corp Company Profile
Osisko Mining Corp, formerly Oban Mining Corp, is a mineral exploration company. The Company is focused on the acquisition, exploration, and development of precious metal resource properties in Canada. The Company focuses on Windfall Lake gold deposit located between Val-d Or and Chibougamau in Quebec, it holds interest in the claims surrounding the Urban Barry area, which covers approximately 82,400 hectares, and it also holds interest in the Marban project located in the Quebec’s prolific Abitibi gold mining district, and properties in the Larder Lake Mining Division in northeast Ontario, including the Jonpol and Garrcon deposits on the Garrison property, the Buffonta past producing mine and the Gold Pike mine property.
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