Osisko Mining (OSK) Shares Down 0.3%

Osisko Mining Inc (TSE:OSK) shares fell 0.3% on Thursday . The stock traded as low as C$3.40 and last traded at C$3.44. 195,217 shares traded hands during trading, a decline of 72% from the average session volume of 693,279 shares. The stock had previously closed at C$3.45.

Several research analysts have commented on OSK shares. National Bank Financial restated an “outperform spec market weight” rating on shares of Osisko Mining in a research note on Wednesday, October 11th. Desjardins restated a “buy” rating and issued a C$6.25 target price on shares of Osisko Mining in a research note on Tuesday, November 28th. Two equities research analysts have rated the stock with a hold rating and three have issued a buy rating to the company’s stock. The company currently has an average rating of “Buy” and an average target price of C$8.56.

The company has a market cap of $701.50, a P/E ratio of -28.67 and a beta of -1.54.

In other news, Director William Murray John sold 64,900 shares of Osisko Mining stock in a transaction dated Friday, October 20th. The stock was sold at an average price of C$4.05, for a total transaction of C$262,845.00. Also, Director John Feliks Burzynski purchased 10,000 shares of the company’s stock in a transaction dated Friday, October 27th. The shares were acquired at an average price of C$3.80 per share, with a total value of C$38,000.00. In the last 90 days, insiders sold 190,000 shares of company stock valued at $807,771.

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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.

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