Osisko Mining (TSE:OSK) PT Raised to C$3.75 at Raymond James

Osisko Mining (TSE:OSK) had its price objective boosted by equities research analysts at Raymond James from C$3.50 to C$3.75 in a report released on Tuesday, BayStreet.CA reports. Raymond James’ price target would suggest a potential upside of 17.19% from the stock’s current price.

Osisko Mining Price Performance

Shares of OSK traded up C$0.01 during trading hours on Tuesday, reaching C$3.20. The stock had a trading volume of 657,765 shares, compared to its average volume of 1,015,223. Osisko Mining has a 12 month low of C$2.36 and a 12 month high of C$4.00. The stock 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 debt-to-equity ratio of 12.64, a quick ratio of 5.83 and a current ratio of 44.39. The company’s 50-day moving average is C$2.77 and its two-hundred day moving average is C$2.70.

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

Insider Buying and Selling

In related news, Senior Officer Pascal Simard bought 11,811 shares of the stock in a transaction that occurred on Tuesday, February 20th. The stock was acquired at an average cost of C$2.54 per share, with a total value of C$29,999.94. 15.03% of the stock is owned by corporate insiders.

Osisko Mining Company Profile

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.