Osisko Mining Inc (OSK) Receives C$9.56 Consensus Price Target from Analysts

Osisko Mining Inc (TSE:OSK) has been assigned an average recommendation of “Buy” from the six research firms that are covering the firm, Marketbeat.com reports. One research analyst has rated the stock with a hold recommendation and four have issued a buy recommendation on the company. The average 12-month price objective among brokerages that have issued ratings on the stock in the last year is C$9.56.

OSK has been the topic of several recent analyst reports. Desjardins reissued a “buy” rating and issued a C$6.25 target price on shares of Osisko Mining in a report on Tuesday, November 28th. Beacon Securities raised shares of Osisko Mining from a “hold” rating to a “buy” rating in a report on Tuesday. Finally, National Bank Financial decreased their target price 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.

In other Osisko Mining news, Director John Feliks Burzynski sold 37,500 shares of the firm’s stock in a transaction dated Thursday, February 22nd. The shares were sold at an average price of C$2.74, for a total value of C$102,750.00.

Osisko Mining (TSE OSK) traded down C$0.07 during mid-day trading on Friday, reaching C$2.63. 209,276 shares of the company’s stock traded hands, compared to its average volume of 616,688. Osisko Mining has a 52-week low of C$2.50 and a 52-week high of C$5.65. The company has a market cap of $561.18, a price-to-earnings ratio of -30.00 and a beta of -0.90.

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Osisko Mining Company Profile

Osisko Mining Inc, formerly Oban Mining Corp, is a Canada-based mineral exploration company. The Company is focused on the acquisition, exploration, and development of precious metal resource properties in Canada. The Company focuses on the Windfall Lake Gold Deposit located between Val-d Or and Chibougamau in Quebec, Canada; it holds interest in the claims surrounding the Urban Barry area, which cover approximately 80,000 hectares; it holds interest in the Marban project located in the Quebec’s prolific Abitibi gold mining district, as well as properties in the Larder Lake Mining Division in northeast Ontario, Canada, including the Jonpol and Garrcon deposits on the Garrison property, the Buffonta past producing mine and the Gold Pike mine property.

Analyst Recommendations for Osisko Mining (TSE:OSK)

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