FY2017 EPS Estimates for Osisko Mining Inc (OSK) Raised by Analyst
Osisko Mining Inc (TSE:OSK) – Equities research analysts at National Bank Financial increased their FY2017 earnings estimates for Osisko Mining in a research note issued on Wednesday. National Bank Financial analyst D. Demarco now forecasts that the mining company will post earnings per share of ($0.03) for the year, up from their previous estimate of ($0.06). National Bank Financial currently has a “Outperform Spec Market Weight” rating on the stock. National Bank Financial also issued estimates for Osisko Mining’s FY2018 earnings at ($0.09) EPS.
Separately, Desjardins reissued a “buy” rating and issued a C$6.25 price objective on shares of Osisko Mining in a report on Tuesday, November 28th. Two research analysts have rated the stock with a hold rating and three have issued a buy rating to the company. The stock presently has an average rating of “Buy” and an average target price of C$8.56.
In other news, Director John Feliks Burzynski bought 10,000 shares of the company’s stock in a transaction dated Friday, October 27th. The stock was bought at an average cost of C$3.80 per share, for a total transaction of C$38,000.00. Also, Director William Murray John sold 64,900 shares of the business’s stock in a transaction that occurred on Friday, October 20th. The shares were sold at an average price of C$4.05, for a total transaction of C$262,845.00.
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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