Osisko Mining (TSE:OSK) Given New C$3.75 Price Target at Raymond James

Osisko Mining (TSE:OSK) had its price target increased by equities researchers at Raymond James from C$3.50 to C$3.75 in a research report issued on Tuesday, BayStreet.CA reports. Raymond James’ price objective suggests a potential upside of 17.19% from the stock’s previous close.

Osisko Mining Price Performance

TSE:OSK traded up C$0.01 during trading hours on Tuesday, reaching C$3.20. The company had a trading volume of 657,765 shares, compared to its average volume of 1,015,223. The stock has a 50-day moving average of C$2.77 and a two-hundred day moving average of C$2.70. Osisko Mining has a one year low of C$2.36 and a one year high of C$4.00. The firm has a market capitalization of C$1.18 billion, a PE ratio of 5.44 and a beta of 1.33. The company has a quick ratio of 5.83, a current ratio of 44.39 and a debt-to-equity ratio of 12.64.

Osisko Mining (TSE:OSK) last announced its quarterly earnings results on Monday, March 4th. The mining company reported C($0.02) earnings per share for the quarter. Analysts forecast that Osisko Mining will post -0.05 earnings per share for the current year.

Insider Buying and Selling at Osisko Mining

In other Osisko Mining news, Senior Officer Pascal Simard acquired 11,811 shares of Osisko Mining stock in a transaction on Tuesday, February 20th. The shares were bought at an average price of C$2.54 per share, with a total value of C$29,999.94. Company insiders own 15.03% of the company’s stock.

About Osisko Mining

Osisko Mining Inc, a mineral exploration company, engages in the acquisition, exploration, and development of precious mineral deposits in Canada. The company primarily explores for gold deposits. It holds interest in the Windfall Lake Project, Quévillon Osborne Project, and Urban-Barry Project located in Québec, Canada; and Phoenix Properties located in Québec, Canada.