Osisko Mining (TSE:OSK) Price Target Raised to C$3.75

Osisko Mining (TSE:OSK) had its price target lifted by Raymond James from C$3.50 to C$3.75 in a research note issued to investors on Tuesday morning, BayStreet.CA reports.

Osisko Mining Price Performance

Osisko Mining stock opened at C$3.10 on Tuesday. Osisko Mining has a 52 week low of C$2.36 and a 52 week high of C$3.98. The company has a quick ratio of 5.83, a current ratio of 44.39 and a debt-to-equity ratio of 12.64. The firm’s 50-day simple moving average is C$2.79 and its 200 day simple moving average is C$2.71. The firm has a market capitalization of C$1.15 billion, a PE ratio of 5.25 and a beta of 1.33.

Osisko Mining (TSE:OSK) last released its quarterly earnings data on Monday, March 4th. The mining company reported C($0.02) EPS for the quarter. On average, equities research analysts predict that Osisko Mining will post -0.05 EPS for the current fiscal year.

Insider Activity at Osisko Mining

In other news, Senior Officer Pascal Simard bought 11,811 shares of the business’s stock in a transaction that occurred on Tuesday, February 20th. The stock was purchased at an average price of C$2.54 per share, with a total value of C$29,999.94. In other news, Senior Officer Pascal Simard bought 11,811 shares of the business’s stock in a transaction that occurred on Tuesday, February 20th. The stock was purchased at an average price of C$2.54 per share, with a total value of C$29,999.94. Also, Director John Feliks Burzynski sold 135,000 shares of the business’s stock in a transaction dated Friday, April 19th. The shares were sold at an average price of C$3.13, for a total transaction of C$422,550.00. 15.03% of the stock is currently owned by corporate insiders.

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.