Osisko Mining (OSK) Rating Reiterated by Desjardins
Osisko Mining (TSE:OSK)‘s stock had its “buy” rating reissued by equities research analysts at Desjardins in a report released on Tuesday. They currently have a C$6.25 price target on the mining company’s stock. Desjardins’ target price indicates a potential upside of 67.56% from the stock’s current price.
Separately, National Bank Financial increased their price target on Osisko Mining to C$5.75 and gave the stock an “outperform” rating in a research report on Thursday, October 12th. Two equities research analysts have rated the stock with a hold rating and four have given a buy rating to the stock. The stock presently has a consensus rating of “Buy” and an average target price of C$7.80.
Shares of Osisko Mining (TSE OSK) opened at C$3.73 on Tuesday. Osisko Mining has a one year low of C$2.08 and a one year high of C$5.65.
In other news, Director John Feliks Burzynski bought 10,000 shares of Osisko Mining stock in a transaction on Friday, October 27th. The stock was acquired at an average price of C$3.80 per share, with a total value of C$38,000.00. Also, Director Elif Lévesque sold 43,936 shares of the stock in a transaction that occurred on Tuesday, September 5th. The shares were sold at an average price of C$5.00, for a total value of C$219,680.00. Insiders have sold 233,936 shares of company stock worth $1,027,451 in the last quarter.
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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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