Osisko Mining to Post Q2 2018 Earnings of ($0.02) Per Share, Beacon Securities Forecasts (OSK)

Osisko Mining (TSE:OSK) – Stock analysts at Beacon Securities issued their Q2 2018 earnings per share estimates for Osisko Mining in a report issued on Wednesday, May 16th. Beacon Securities analyst M. Curran expects that the mining company will post earnings of ($0.02) per share for the quarter. Beacon Securities has a “Buy” rating on the stock. Beacon Securities also issued estimates for Osisko Mining’s FY2018 earnings at ($0.06) EPS.

Osisko Mining (TSE:OSK) last released its quarterly earnings data on Tuesday, May 8th. The mining company reported C($0.05) earnings per share for the quarter.

OSK has been the topic of a number of other research reports. Eight Capital cut shares of Osisko Mining from a “buy” rating to a “neutral” rating and cut their price objective for the stock from C$5.80 to C$2.65 in a report on Tuesday. National Bank Financial cut their price objective on shares of Osisko Mining from C$6.00 to C$5.50 and set an “outperform” rating on the stock in a report on Friday, March 9th. Desjardins cut their price objective on shares of Osisko Mining from C$6.25 to C$4.50 in a report on Wednesday. Finally, BMO Capital Markets cut their price objective on shares of Osisko Mining from C$6.00 to C$5.00 in a report on Tuesday. Two investment analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. The stock currently has an average rating of “Buy” and a consensus target price of C$4.16.

OSK stock opened at C$2.25 on Friday. Osisko Mining has a twelve month low of C$2.01 and a twelve month high of C$5.24.

In other Osisko Mining news, Director John Feliks Burzynski bought 50,000 shares of the business’s stock in a transaction dated Thursday, May 17th. The shares were acquired at an average cost of C$2.22 per share, with a total value of C$111,000.00. Also, insider Jose Vizquerra bought 155,500 shares of the business’s stock in a transaction dated Thursday, March 29th. The stock was acquired at an average cost of C$2.55 per share, for a total transaction of C$396,525.00. In the last three months, insiders have acquired 272,200 shares of company stock worth $664,551.

Osisko Mining Company Profile

Osisko Mining Inc, a mineral exploration company, engages in the acquisition, exploration, and development of precious metals resource properties in Canada. The company primarily explores for gold and silver. Its flagship properties include the Windfall Lake property that consists of 285 mining claims covering an area of approximately 12,400 hectares (ha) located between Val-d'Or and Chibougamau, Québec; and the Marban Block property, which comprises 30 mining claims and 3 mining concessions covering an area of 1,023.13 ha located between Val-d'Or and Malartic, Québec.

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