The Globe and Mail reports in its Tuesday, June 20, edition that Canaccord Genuity analyst Jeremy Hoy assumed coverage on Monday on Osisko Mining with a "speculative buy" recommendation following the departure of a colleague. The Globe's David Leeder writes that Mr. Hoy shaved his share target down by 50 cents to $6.50. Analysts on average target the shares at $5.45. Mr. Hoy says in a note: "Osisko Mining is a development-stage junior gold company advancing its 50-per-cent-owned Windfall project toward production with newly secured JV partner Gold Fields. Located in the Eeyou Istchee James Bay territory of Quebec, we believe Windfall is a project of world class size and quality, further situated in an attractive jurisdiction with low geopolitical risk. OSK acquired the project in 2015 when it had a global gold resource of 1.6Moz grading 8.0g/t and has since grown it to one of the largest and highest-grade gold development projects in Canada. Windfall now hosts an impressive 7.4Moz, 9.8g/t global gold resource following multiple resource updates and technical studies, including a 2022 feasibility study. The recent FS showcased a highly robust, low-cost gold project."