Osisko Mining (OSK) Shares Up -5.6%
Shares of Osisko Mining Inc. (TSE:OSK) shot up 5.6% during trading on Tuesday . The stock traded as high as C$3.38 and last traded at C$3.21. 637,817 shares traded hands during trading, a decline of 9% from the average session volume of 702,771 shares. The stock had previously closed at C$3.40.
Several research firms have commented on OSK. National Bank Financial reaffirmed an “outperform spec market weight” rating on shares of Osisko Mining in a research note on Wednesday, October 11th. Desjardins reaffirmed a “buy” rating and set a C$6.25 price objective on shares of Osisko Mining in a research note on Tuesday, November 28th. Two equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. The stock presently has an average rating of “Buy” and a consensus target price of C$8.56.
In other Osisko Mining news, insider Sean Roosen sold 80,000 shares of the business’s stock in a transaction that occurred on Monday, October 16th. The stock was sold at an average price of C$4.41, for a total transaction of C$352,800.00. Also, Director John Feliks Burzynski bought 10,000 shares of the company’s stock in a transaction on Friday, October 27th. The shares were acquired at an average price of C$3.80 per share, for a total transaction of C$38,000.00. Over the last ninety days, insiders have sold 190,000 shares of company stock valued at $807,771.
About Osisko Mining
Osisko Mining Inc, formerly Oban Mining Corp, is a Canada-based mineral exploration company. The Company is focused on the acquisition, exploration, and development of precious metal resource properties in Canada. The Company focuses on the Windfall Lake Gold Deposit located between Val-d Or and Chibougamau in Quebec, Canada; it holds interest in the claims surrounding the Urban Barry area, which cover approximately 80,000 hectares; it holds interest in the Marban project located in the Quebec’s prolific Abitibi gold mining district, as well as properties in the Larder Lake Mining Division in northeast Ontario, Canada, including the Jonpol and Garrcon deposits on the Garrison property, the Buffonta past producing mine and the Gold Pike mine property.
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