Osisko Mining Given Average Rating of “Buy” by Brokerages (TSE:OSK)

Osisko Mining (TSE:OSK) has received an average rating of "Buy" from the eleven brokerages that are presently covering the stock. Five investment analysts have rated the stock with a hold recommendation and six have assigned a buy recommendation to the company. The average 1-year price target among brokers that have issued ratings on the stock in the last year is C$6.98.

A number of analysts have recently weighed in on OSK shares. Analysts at National Bank Financial raised their price target on shares of Osisko Mining from C$6.25 to C$6.50 in a research note on Tuesday, January 21st. They now have a “sector perform” rating on the stock. Separately, analysts at CSFB raised their price target on shares of Osisko Mining from C$6.50 to C$7.75 in a research note on Tuesday, January 21st. They now have an “outperform” rating on the stock. Finally, analysts at Desjardins downgraded shares of Osisko Mining from a “top pick” rating to a “hold” rating in a research note on Monday, January 20th.

Osisko Mining (TSE:OSK) traded down 1.17% during mid-day trading on Thursday, hitting $6.75. 826,352 shares of the company’s stock traded hands. Osisko Mining has a 52-week low of $2.98 and a 52-week high of $6.90. The stock’s 50 day moving avberage is $5.98 and its 200-day moving average is $5.11. The company’s market cap is $2.955 billion.

Osisko Mining Corporation is engaged in the business of acquiring, exploring, developing and operating mineral properties, primarily those containing gold and associated precious metals.