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

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

Osisko Mining Trading Up 0.6 %

Shares of TSE OSK opened at C$3.12 on Tuesday. The company has a market cap of C$1.15 billion, a price-to-earnings ratio of 5.29 and a beta of 1.33. Osisko Mining has a 12-month low of C$2.36 and a 12-month high of C$3.94. The company has a current ratio of 44.39, a quick ratio of 5.83 and a debt-to-equity ratio of 12.64. The stock’s 50 day simple moving average is C$2.80 and its 200 day simple moving average is C$2.71.

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

Insider Buying and Selling

In related news, Director John Feliks Burzynski sold 135,000 shares of the firm’s stock in a transaction that occurred on Friday, April 19th. The stock was sold at an average price of C$3.13, for a total value of C$422,550.00. In related news, Director John Feliks Burzynski sold 135,000 shares of the firm’s stock in a transaction that occurred on Friday, April 19th. The stock was sold at an average price of C$3.13, for a total value of C$422,550.00. Also, 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 price of C$2.54 per share, for a total transaction 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.