Osisko Mining Inc (OSK) Expected to Post FY2020 Earnings of ($0.06) Per Share

Osisko Mining Inc (TSE:OSK) – Equities research analysts at Beacon Securities issued their FY2020 earnings estimates for Osisko Mining in a report issued on Tuesday, Zacks Investment Research reports. Beacon Securities analyst M. Curran expects that the mining company will post earnings per share of ($0.06) for the year. Beacon Securities currently has a “Buy” rating on the stock.

A number of other analysts also recently weighed in on OSK. National Bank Financial reduced 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 research report on Friday, March 9th. Desjardins reaffirmed a “buy” rating and issued a C$6.25 target price on shares of Osisko Mining in a research report on Tuesday, November 28th. One investment analyst has rated the stock with a hold rating and four have given a buy rating to the stock. Osisko Mining has an average rating of “Buy” and an average price target of C$9.56.

Osisko Mining (OSK) traded down C$0.19 during trading hours on Wednesday, hitting C$2.41. 679,496 shares of the stock were exchanged, compared to its average volume of 603,488. The stock has a market cap of $532.08, a P/E ratio of -27.33 and a beta of -0.90. Osisko Mining has a 12-month low of C$2.41 and a 12-month high of C$5.65.

In related news, Director John Feliks Burzynski sold 37,500 shares of the stock in a transaction that occurred on Thursday, February 22nd. The shares were sold at an average price of C$2.74, for a total value of C$102,750.00.

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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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