21:55:55 EDT Thu 27 Mar 2025
Enter Symbol
or Name
USA
CA



Osisko Mining Inc
Symbol OSK
Shares Issued 381,723,275
Close 2024-09-23 C$ 4.86
Market Cap C$ 1,855,175,117
Recent Sedar Documents

Globe says DeMarco moves his Osisko rating to "tender"

2024-09-24 07:43 ET - In the News

The Globe and Mail reports in its Tuesday, Sept. 24, edition that National Bank Financial analyst Don DeMarco moved his recommendation for Osisko Mining to "tender" from "outperform." The Globe's David Leeder writes in the Eye On Equities column that Mr. DeMarco expects Osisko shareholders to support its definitive agreement to be acquired by South Africa's Gold Fields in an all-cash deal worth $2.16-billion at a meeting on Oct. 17. Mr. DeMarco's share target slid to $4.90 from $5 to reflect the offer price. Analysts on average target the shares at $5.20. Mr. DeMarco says in a note, "We expect proxy advisors to support the deal as well as other Osisko shareholders, including largest and only shareholder Blackrock (16.75 per cent of outstanding shares) above 10 per cent." The Globe reported on Aug. 14 that Bank of Montreal analyst Andrew Mikitchook had lowered his recommendation for Osisko Mining to "market perform" from "outperform." The shares could then be had for $4.78. The Globe reported on Aug. 20 that Scotia Capital analyst Ovais Habib had maintained Osisko Mining at "sector perform." The shares could then be had for $4.80.

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