Osisko Mining (OTCMKTS:OBNNF) Shares Up 2.7%

Osisko Mining Inc. (OTCMKTS:OBNNFGet Rating) shares shot up 2.7% during trading on Thursday . The company traded as high as $2.87 and last traded at $2.84. 140,712 shares traded hands during mid-day trading, an increase of 6% from the average session volume of 133,373 shares. The stock had previously closed at $2.76.

Wall Street Analysts Forecast Growth

OBNNF has been the subject of several research analyst reports. National Bank Financial reduced their target price on shares of Osisko Mining from C$4.00 to C$3.75 in a report on Thursday, October 13th. Scotiabank initiated coverage on shares of Osisko Mining in a report on Wednesday, October 12th. They set an “outperform” rating for the company.

Osisko Mining Stock Performance

The firm’s fifty day moving average is $2.28 and its 200 day moving average is $2.40.

About Osisko Mining

(Get Rating)

Osisko Mining Inc, a mineral exploration company, engages in the acquisition, exploration, and development of gold resource properties in Canada. Its flagship project is its 100% interest in the Windfall Lake property that consists of 286 mining claims covering an area of approximately 12,523 hectares located in the Abitibi greenstone belt, Urban Township, Eeyou Istchee James Bay, Quebec.

Further Reading

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