BMO Capital Keeps Their Buy Rating on Osisko Mining

By Ryan Adsit

Today, an analyst has provided a rating update for the Materials sector company, Osisko Mining (TSX: OSK). BMO Capital’s analyst Andrew Kaip reiterates their Buy rating on the shares, with a C$6 price target.

According to TipRanks.com, Kaip is a 1-star analyst with an average return of -1.3% and a 32.5% success rate. Kaip covers the Basic Materials sector, focusing on stocks such as Wheaton Precious Metals Corp, Newmont Mining Corporation, and Endeavour Silver Corp.

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

The company has a one year high of C$5.65 and a one year low of C$1.82. Currently, Osisko Mining has an average volume of 837.6K.

Osisko Mining, Inc. is a junior mineral exploration company, which focuses on the acquisition, exploration and development of precious metals resource properties in South and Central America and Mexico. It holds interests in Urban Barry, Marban Block, Garrison and Catharine projects. The company was founded on February 26, 2010 and is headquartered in Toronto, Canada.

The company’s shares closed last Tuesday at $4.91.