Osino Resources Corp. (CVE:OSI) Director Purchases C$17,850.00 in Stock

Osino Resources Corp. (CVE:OSI) Director Alan Mark Friedman acquired 15,000 shares of the business’s stock in a transaction on Wednesday, September 8th. The stock was acquired at an average price of C$1.19 per share, with a total value of C$17,850.00. Following the transaction, the director now directly owns 1,183,418 shares of the company’s stock, valued at approximately C$1,408,267.42.

Shares of OSI opened at C$1.14 on Wednesday. The firm’s 50-day moving average is C$1.18 and its two-hundred day moving average is C$1.27. The company has a current ratio of 5.65, a quick ratio of 5.65 and a debt-to-equity ratio of 3.59. The firm has a market capitalization of C$120.45 million and a P/E ratio of -5.59. Osino Resources Corp. has a twelve month low of C$1.01 and a twelve month high of C$1.61.

Osino Resources (CVE:OSI) last announced its earnings results on Friday, August 27th. The company reported C($0.05) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of C($0.04) by C($0.01). Analysts predict that Osino Resources Corp. will post -0.09 EPS for the current year.

Separately, Cormark upped their target price on shares of Osino Resources from C$3.00 to C$3.20 in a research report on Friday, July 16th.

About Osino Resources

Osino Resources Corp., through its subsidiaries, engages in the acquisition, exploration, and development of gold mining properties in Namibia. Its flagship project is the Twin Hills project located in Central Namibia. As of April 12, 2021, it had a total ground position of approximately 7,000 square kilometer comprising 28 exploration licenses located in Damara belt, Namibia.

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