Insider Selling: Osisko Mining Inc (TSE:OSK) Director Sells 50,000 Shares of Stock

Osisko Mining Inc (TSE:OSK) Director John Feliks Burzynski sold 50,000 shares of the business’s stock in a transaction dated Friday, October 11th. The shares were sold at an average price of C$3.10, for a total value of C$154,750.00. Following the sale, the director now directly owns 1,570,600 shares of the company’s stock, valued at approximately C$4,861,007.

John Feliks Burzynski also recently made the following trade(s):

  • On Thursday, October 24th, John Feliks Burzynski purchased 10,000 shares of Osisko Mining stock. The shares were bought at an average cost of C$2.90 per share, with a total value of C$29,000.00.
  • On Tuesday, October 15th, John Feliks Burzynski sold 10,000 shares of Osisko Mining stock. The stock was sold at an average price of C$3.09, for a total value of C$30,860.00.
  • On Wednesday, October 9th, John Feliks Burzynski sold 20,000 shares of Osisko Mining stock. The stock was sold at an average price of C$3.30, for a total value of C$66,020.00.
  • On Tuesday, September 24th, John Feliks Burzynski sold 325,000 shares of Osisko Mining stock. The stock was sold at an average price of C$3.52, for a total value of C$1,144,325.00.
  • On Friday, August 16th, John Feliks Burzynski acquired 10,000 shares of Osisko Mining stock. The stock was acquired at an average cost of C$3.51 per share, with a total value of C$35,100.00.
  • On Tuesday, August 13th, John Feliks Burzynski acquired 30,000 shares of Osisko Mining stock. The stock was acquired at an average cost of C$3.50 per share, with a total value of C$105,000.00.

TSE OSK traded down C$0.08 during midday trading on Friday, hitting C$2.62. 218,900 shares of the company traded hands, compared to its average volume of 469,109. The company has a debt-to-equity ratio of 0.45, a current ratio of 5.57 and a quick ratio of 5.52. The company has a market cap of $712.58 million and a PE ratio of -10.65. The company’s 50-day simple moving average is C$3.06 and its 200-day simple moving average is C$3.23. Osisko Mining Inc has a 52 week low of C$2.19 and a 52 week high of C$3.90.

Osisko Mining (TSE:OSK) last announced its earnings results on Tuesday, August 13th. The mining company reported C($0.03) earnings per share (EPS) for the quarter, missing the consensus estimate of C($0.02) by C($0.01). On average, research analysts predict that Osisko Mining Inc will post -0.05 earnings per share for the current year.

OSK has been the subject of a number of recent analyst reports. National Bank Financial set a C$4.10 price objective on Osisko Mining and gave the stock an “outperform” rating in a research note on Thursday, August 15th. Desjardins boosted their target price on Osisko Mining from C$4.00 to C$4.50 and gave the stock a “speculative buy” rating in a research report on Monday, August 26th. CIBC boosted their target price on Osisko Mining from C$4.50 to C$5.00 in a research report on Friday, August 9th. TD Securities decreased their target price on Osisko Mining from C$14.50 to C$13.50 and set a “hold” rating on the stock in a research report on Friday. Finally, Beacon Securities upgraded Osisko Mining from a “hold” rating to a “buy” rating in a research report on Monday, October 28th. Two equities research analysts have rated the stock with a hold rating and two have issued a buy rating to the company’s stock. The stock currently has a consensus rating of “Buy” and a consensus target price of C$6.32.

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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Insider Buying and Selling by Quarter for Osisko Mining (TSE:OSK)

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