Osisko Mining Corp (TSE:OSK) had its price objective upped by National Bank Financial to C$5.75 in a note issued to investors on Thursday. The brokerage currently has an “outperform” rating on the mining company’s stock. National Bank Financial’s price target suggests a potential upside of 27.21% from the stock’s current price.
Shares of Osisko Mining Corp (TSE OSK) traded up 7.11% during mid-day trading on Thursday, reaching $4.52. 839,898 shares of the company’s stock traded hands. The company’s market capitalization is $856.21 million. The firm 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 1-year low of $2.08 and a 1-year high of $5.65.
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In related news, Director David William Christie sold 50,000 shares of the business’s stock in a transaction that occurred on Friday, July 21st. The stock was 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 business’s stock in a transaction that occurred on Tuesday, September 5th. The stock was sold at an average price of C$5.00, for a total value of C$219,680.00.
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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