Osisko Mining Inc. (TSE:OSK) Senior Officer Blair David Zaritsky purchased 5,440 shares of the company’s stock in a transaction that occurred on Friday, September 24th. The stock was bought at an average cost of C$2.48 per share, for a total transaction of C$13,491.20. Following the purchase, the insider now directly owns 62,960 shares in the company, valued at approximately C$156,140.80.
Shares of OSK stock opened at C$2.48 on Friday. The stock’s fifty day moving average is C$2.90 and its two-hundred day moving average is C$3.08. The company has a debt-to-equity ratio of 0.09, a quick ratio of 8.06 and a current ratio of 8.28. The firm has a market capitalization of C$873.13 million and a P/E ratio of -48.63. Osisko Mining Inc. has a fifty-two week low of C$2.46 and a fifty-two week high of C$4.12.
A number of equities research analysts recently issued reports on the stock. Royal Bank of Canada reissued a “$5.50” rating on shares of Osisko Mining in a research note on Friday, August 27th. CIBC reissued an “outperform” rating and issued a C$6.25 price target on shares of Osisko Mining in a research note on Tuesday, September 14th.
Osisko Mining Inc, a mineral exploration company, engages in the acquisition, exploration, and development of gold resource properties in Canada. Its flagship project is the Windfall Lake property that consists of 285 mining claims covering an area of approximately 12,467 hectares located in the Abitibi greenstone belt, Urban Township, Eeyou Istchee James Bay, Quebec.
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