In this article:

Osisko Mining (OBNNF) Gets a Buy Rating from BMO Capital

In this article:
In this article:

In a report released today, Andrew Mikitchook from BMO Capital maintained a Buy rating on Osisko Mining (OBNNFResearch Report), with a price target of $5.00. The company’s shares closed last Tuesday at $2.95.

According to, Mikitchook is a 4-star analyst with an average return of 17.3% and a 57.7% success rate. Mikitchook covers the Basic Materials sector, focusing on stocks such as G Mining Ventures, Victoria Gold, and Artemis Gold.

Currently, the analyst consensus on Osisko Mining is a Moderate Buy with an average price target of $4.57, representing a 65.6% upside. In a report issued on January 7, National Bank also maintained a Buy rating on the stock with a C$5.25 price target.

See today’s best-performing stocks on TipRanks >>

Based on Osisko Mining’s latest earnings release for the quarter ending September 30, the company reported a quarterly GAAP net loss of $7.4 million. In comparison, last year the company had a GAAP net loss of $10.98 million.

Based on the recent corporate insider activity of 52 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of OBNNF in relation to earlier this year.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

Osisko Mining, Inc. engages in the acquisition, exploration, and development of mineral deposits. Its projects include Windfall, Quévillon, Marban Block, Garrison, and Urban Greenfields. The company was founded on February 26, 2010 and is headquartered in Toronto, Canada.

Read More on OBNNF:

Tired of arriving late to the Big Returns Party?​
Most investors don’t have major gainers like TSLA or NVDA on their radar from the start.
The profusion of opinions on social media and financial blogs makes it impossible to distinguish between real growth potential and pure hype.
​​For the past decade, we have developed and perfected technology designed to help private investors, just like you, find the best opportunities, with the greatest upside potential, in any financial climate.​
Learn More