Osisko Mining Inc (TSE:OSK) to Post FY2019 Earnings of ($0.07) Per Share, National Bank Financial Forecasts

Osisko Mining Inc (TSE:OSK) – Equities researchers at National Bank Financial issued their FY2019 earnings per share (EPS) estimates for Osisko Mining in a research note issued on Wednesday, August 14th. National Bank Financial analyst D. Demarco anticipates that the mining company will post earnings of ($0.07) per share for the year. National Bank Financial has a “Outperform Spec Overweight” rating on the stock. National Bank Financial also issued estimates for Osisko Mining’s FY2020 earnings at ($0.05) EPS and FY2021 earnings at ($0.05) EPS.

A number of other research firms have also issued reports on OSK. Beacon Securities restated a “hold” rating on shares of Osisko Mining in a report on Wednesday, July 3rd. CIBC increased their price objective on shares of Osisko Mining from C$4.50 to C$5.00 in a report on Friday, August 9th.

TSE:OSK opened at C$3.47 on Monday. The firm has a market cap of $916.56 million and a price-to-earnings ratio of -14.11. The company has a current ratio of 5.57, a quick ratio of 5.52 and a debt-to-equity ratio of 0.45. The company’s 50-day moving average is C$3.52 and its two-hundred day moving average is C$3.21. Osisko Mining has a 12-month low of C$1.82 and a 12-month high of C$3.90.

In other news, Director Sean Roosen sold 20,000 shares of the stock in a transaction dated Thursday, July 4th. The shares were sold at an average price of C$3.50, for a total transaction of C$69,946.00. Following the transaction, the director now directly owns 988,966 shares in the company, valued at approximately C$3,458,710.79. Also, Director John Feliks Burzynski sold 50,000 shares of the stock in a transaction dated Thursday, June 20th. The stock was sold at an average price of C$3.33, for a total transaction of C$166,500.00. Following the transaction, the director now owns 1,980,600 shares in the company, valued at C$6,595,398. Over the last quarter, insiders have sold 310,400 shares of company stock worth $1,066,595.

Osisko Mining Company Profile

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, Québec.

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Earnings History and Estimates for Osisko Mining (TSE:OSK)

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