Osisko Mining (TSE:OSK) Stock Rating Lowered by BMO Capital Markets

BMO Capital Markets lowered shares of Osisko Mining (TSE:OSK) from an outperform rating to a market perform rating in a research note published on Tuesday, MarketBeat reports. The brokerage currently has C$4.90 price target on the mining company’s stock, down from their prior price target of C$5.75.

Several other brokerages have also recently commented on OSK. Raymond James increased their price target on Osisko Mining from C$3.50 to C$3.75 in a research report on Tuesday, April 23rd. CIBC upped their price objective on Osisko Mining from C$4.50 to C$4.75 in a research note on Wednesday, July 10th.

Osisko Mining Stock Performance

Shares of TSE OSK opened at C$4.77 on Tuesday. The stock has a 50 day moving average price of C$3.21 and a 200 day moving average price of C$2.97. Osisko Mining has a 52 week low of C$2.36 and a 52 week high of C$4.83. The company has a debt-to-equity ratio of 13.11, a quick ratio of 5.83 and a current ratio of 42.83. The stock has a market capitalization of C$1.75 billion, a PE ratio of 7.95 and a beta of 1.30.

About Osisko Mining

Osisko Mining Inc, a mineral exploration company, engages in the acquisition, exploration, and development of precious mineral deposits in Canada. The company primarily explores for gold deposits. It holds interest in the Windfall Lake Project, Quévillon Osborne Project, and Urban-Barry Project located in Québec, Canada; and Phoenix Properties located in Québec, Canada.