Osisko Metals Incorporated (CVE:OM – Get Free Report) rose 5.1% on Tuesday. The stock traded as high as C$0.43 and last traded at C$0.41. 396,648 shares traded hands during mid-day trading, a decline of 34% from the average session volume of 598,992 shares. The stock had previously closed at C$0.40.
Wall Street Analysts Forecast Growth
Separately, National Bank Financial increased their target price on Osisko Metals from C$2.00 to C$2.25 and gave the company an “outperform” rating in a research note on Tuesday, July 14th. Two analysts have rated the stock with a Buy rating, Based on data from MarketBeat, the company currently has a consensus rating of “Buy” and an average target price of C$88.62.
Get Our Latest Stock Report on OM
Osisko Metals Trading Up 5.1%
About Osisko Metals
Osisko Metals Incorporated, together with its subsidiaries, engages in the exploration and evaluation of based metal properties in Canada. The company holds interest in the Pine Point project located on the south shore of Great Slave Lake in the Northwest Territories; and 100% interest in the Gaspé Copper project that hosts the undeveloped copper resource located near Murdochville in the Gaspé peninsula of Québec. It also holds interests in the Mount Copper expansion project hosts the undeveloped copper resource in Eastern North America.
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