Insider Selling: Osisko Mining Inc (TSE:OSK) Senior Officer Sells 20,000 Shares of Stock

Osisko Mining Inc (TSE:OSK) Senior Officer Alexandria Marcotte sold 20,000 shares of the company’s stock in a transaction that occurred on Wednesday, July 22nd. The stock was sold at an average price of C$4.25, for a total value of C$85,000.00.

Shares of OSK traded up C$0.07 during mid-day trading on Monday, hitting C$4.15. 719,457 shares of the company traded hands, compared to its average volume of 1,023,399. The stock has a market cap of $1.39 billion and a price-to-earnings ratio of -23.05. The stock has a 50-day moving average price of C$3.60 and a two-hundred day moving average price of C$3.46. Osisko Mining Inc has a 1 year low of C$1.67 and a 1 year high of C$4.31. The company has a debt-to-equity ratio of 0.53, a quick ratio of 5.08 and a current ratio of 5.22.

Osisko Mining (TSE:OSK) last announced its earnings results on Thursday, May 7th. The mining company reported C($0.04) earnings per share for the quarter. On average, analysts forecast that Osisko Mining Inc will post -0.03 EPS for the current year.

A number of equities research analysts have recently commented on the company. Eight Capital increased their target price on Osisko Mining from C$5.00 to C$6.00 in a research note on Monday, July 20th. Scotiabank restated an “outperform” rating on shares of Osisko Mining in a research note on Thursday, April 16th. National Bank Financial upped their target price on shares of Osisko Mining from C$5.25 to C$6.00 and gave the stock an “outperform” rating in a research note on Wednesday, July 22nd. Haywood Securities upped their price objective on Osisko Mining from C$6.50 to C$7.50 in a research report on Thursday, July 9th. Finally, Canaccord Genuity increased their target price on Osisko Mining from C$5.25 to C$6.25 in a research note on Thursday, April 30th. Two investment analysts have rated the stock with a hold rating and four have given a buy rating to the company’s stock. The company currently has a consensus rating of “Buy” and a consensus target price of C$6.96.

About Osisko Mining

Osisko Mining Inc, a mineral exploration company, engages in the acquisition, exploration, and development of precious metals resource properties in Canada. The company primarily explores for gold and silver. Its flagship project is the Windfall Lake property that consists of 285 mining claims covering an area of approximately 12,400 hectares located between Val-d'Or and Chibougamau, Qu├ębec.

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