Osisko Mining Receives a Buy from BMO Capital

By Jason Carr

In a latest note to investors, a research analyst has provided a rating update for the Materials sector company, Osisko Mining (TSX: OSK). Yesterday, analyst David Gagliano gave a Buy rating to OSK and set a C$6 price target.

According to TipRanks.com, Gagliano is a 4-star analyst with an average return of 4.2% and a 51.5% success rate. Gagliano covers the Basic Materials sector, focusing on stocks such as Wheaton Precious Metals Corp, Newmont Mining Corporation, and Stillwater Mining Company.

Osisko Mining has an analyst consensus of Moderate Buy, with a price target consensus of C$6.25.

Osisko Mining’s market cap is currently C$824.6M and has a P/E ratio of 7.1.

Osisko Mining, Inc. operates as a mineral exploration company. It is focused on the acquisition, exploration, and development of precious metal resource properties in Canada.

The company’s shares closed on Wednesday at $4.47.