Analysts Offer Predictions for Osisko Mining’s Q2 2018 Earnings (OSK)

Osisko Mining (TSE:OSK) – Stock analysts at National Bank Financial issued their Q2 2018 EPS estimates for Osisko Mining in a report released on Tuesday, May 15th. National Bank Financial analyst D. Demarco forecasts that the mining company will post earnings per share of ($0.03) for the quarter. National Bank Financial has a “Outperform” rating and a $4.50 price objective on the stock. National Bank Financial also issued estimates for Osisko Mining’s FY2018 earnings at ($0.08) EPS.

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

A number of other research firms have also recently weighed in on OSK. Desjardins cut their price objective on shares of Osisko Mining from C$6.25 to C$4.50 in a report on Wednesday. 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. 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. Finally, Beacon Securities raised shares of Osisko Mining from a “hold” rating to a “buy” rating in a report on Tuesday, March 13th. Two investment analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. The stock has an average rating of “Buy” and an average target price of C$4.16.

Shares of TSE:OSK opened at C$2.25 on Friday. Osisko Mining has a fifty-two week low of C$2.01 and a fifty-two week high of C$5.24.

In related news, Director John Feliks Burzynski acquired 50,000 shares of the business’s stock in a transaction on Thursday, May 17th. The shares were bought at an average price of C$2.22 per share, with a total value of C$111,000.00. Also, insider Jose Vizquerra acquired 155,500 shares of the business’s stock in a transaction on Thursday, March 29th. The shares were bought 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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