Free Trial

Osisko Mining (TSE:OSK) Sets New 52-Week High - Here's What Happened

Osisko Mining logo with Basic Materials background

Osisko Mining Inc. (TSE:OSK - Get Free Report)'s stock price reached a new 52-week high on Wednesday . The company traded as high as C$4.90 and last traded at C$4.89, with a volume of 84398 shares changing hands. The stock had previously closed at C$4.90.

Analyst Ratings Changes

A number of brokerages recently commented on OSK. Raymond James cut Osisko Mining from an "outperform" rating to a "market perform" rating and raised their price target for the stock from C$3.25 to C$4.90 in a research report on Tuesday, August 13th. BMO Capital Markets lowered shares of Osisko Mining from an "outperform" rating to a "market perform" rating and reduced their price target for the stock from C$5.75 to C$4.90 in a research report on Tuesday, August 13th. CIBC cut Osisko Mining from an "outperform" rating to a "tender" rating and upped their target price for the stock from C$4.75 to C$4.90 in a research note on Tuesday, August 13th. National Bankshares decreased their price target on Osisko Mining from C$5.50 to C$4.90 in a research note on Monday, September 23rd. Finally, Scotiabank lowered shares of Osisko Mining from an "outperform" rating to a "sector perform" rating and lifted their price target for the company from C$4.25 to C$4.90 in a report on Monday, August 19th. Three analysts have rated the stock with a hold rating and one has given a buy rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of "Hold" and an average price target of C$5.04.

Read Our Latest Report on Osisko Mining

Osisko Mining Stock Down 0.2 %

The firm has a market capitalization of C$1.79 billion, a price-to-earnings ratio of -489.00 and a beta of 1.44. The company has a debt-to-equity ratio of 13.65, a current ratio of 41.64 and a quick ratio of 5.83. The stock has a fifty day moving average of C$4.81 and a two-hundred day moving average of C$3.67.

About Osisko Mining

(Get Free Report)

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.

Featured Stories

Should you invest $1,000 in Osisko Mining right now?

Before you consider Osisko Mining, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Osisko Mining wasn't on the list.

While Osisko Mining currently has a "Hold" rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

7 Energy Stocks to Buy and Hold Forever Cover

Do you expect the global demand for energy to shrink?! If not, it's time to take a look at how energy stocks can play a part in your portfolio.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

Why Whitestone REIT is Outperforming in 2024: 35% Growth & Monthly Dividends
Why SoundHound Stock Dip Could Mean Big Gains for 2025 Investors
Nintendo Stock: Buy Before the 2025 Switch Platform Hits!

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines