The Globe and Mail reports in its Friday, May 2, edition that Scotia Capital analyst Eric Winmill, calling Osisko Metals a "made-in-Canada copper solution," began coverage with a "sector outperform" rating and a $1 share target. The Globe's David Leeder writes in the Eye On Equities column that analysts on average target the shares at $1.10. Mr. Winmill says in a note: "Increasing geopolitical tensions are placing a renewed focus on national borders and highlighting the importance of 'critical metals,' with copper in particular recognized as an indispensable commodity needed to fuel the technology-driven economy of the future. For these reasons, we think that commodity location is becoming an increasingly important determinant for commodity investors and one of the reasons why we like shares of Osisko -- with 9.3 billion lbs Cu already defined in resource inventory in all categories, the company is actively advancing its large and strategic copper resource located in the Gaspe Peninsula, Que. Drilling is ongoing at the deposit to further expand and upgrade total contained copper, with a resource update due in the coming year. A preliminary economic assessment (PEA) is targeted for release in 1H/26."
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