Osisko Mining Inc (OSK) Receives C$9.56 Average PT from Analysts

Shares of Osisko Mining Inc (TSE:OSK) have been assigned an average rating of “Buy” from the five ratings firms that are currently covering the firm, Marketbeat Ratings reports. One analyst has rated the stock with a hold recommendation and three have assigned a buy recommendation to the company. The average 1 year price target among brokers that have covered the stock in the last year is C$6.08.

Several analysts have recently weighed in on the company. Beacon Securities upgraded Osisko Mining from a “hold” rating to a “buy” rating in a report on Tuesday, March 13th. National Bank Financial boosted their price target on Osisko Mining from C$5.75 to C$6.00 and gave the stock an “outperform” rating in a report on Friday, January 26th.

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In related news, Director John Feliks Burzynski sold 37,500 shares of the company’s stock in a transaction that occurred on Thursday, February 22nd. The stock was sold at an average price of C$2.74, for a total value of C$102,750.00. Also, insider Jose Vizquerra bought 155,500 shares of Osisko Mining stock in a transaction that occurred on Thursday, March 29th. The stock was bought at an average price of C$2.55 per share, for a total transaction of C$396,525.00. Insiders purchased 192,200 shares of company stock worth $488,951 over the last quarter.

TSE:OSK opened at C$2.47 on Thursday. Osisko Mining has a 1-year low of C$2.34 and a 1-year high of C$5.65.

Osisko Mining (TSE:OSK) last released its quarterly earnings results on Wednesday, March 7th. The mining company reported C$0.01 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of C($0.01) by C$0.02.

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About Osisko Mining

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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