Osisko Mining (TSE:OSK) Reaches New 12-Month High at $4.86

Osisko Mining Inc. (TSE:OSK)’s stock price hit a new 52-week high during trading on Tuesday . The stock traded as high as C$4.86 and last traded at C$4.86, with a volume of 51725 shares changing hands. The stock had previously closed at C$4.84.

Analyst Upgrades and Downgrades

OSK has been the topic of a number of recent research reports. CIBC cut Osisko Mining from an “outperform” rating to a “tender” rating and raised their price objective for the company from C$4.75 to C$4.90 in a research note on Tuesday, August 13th. Raymond James cut Osisko Mining from an “outperform” rating to a “market perform” rating and boosted their price objective for the company from C$3.25 to C$4.90 in a report on Tuesday, August 13th. Scotiabank lowered Osisko Mining from an “outperform” rating to a “sector perform” rating and upped their target price for the company from C$4.25 to C$4.90 in a research report on Monday, August 19th. Finally, BMO Capital Markets downgraded shares of Osisko Mining from an “outperform” rating to a “market perform” rating and decreased their price objective for the company from C$5.75 to C$4.90 in a report on Tuesday, August 13th. Three investment analysts have rated the stock with a hold rating and one has issued a buy rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Hold” and an average price target of C$5.62.

Osisko Mining Trading Up 0.4 %

The business has a fifty day moving average price of C$3.86 and a 200 day moving average price of C$3.25. The company has a market capitalization of C$1.78 billion, a P/E ratio of -484.00 and a beta of 1.44. The company has a quick ratio of 5.83, a current ratio of 41.64 and a debt-to-equity ratio of 13.65.

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.