Stocks to Watch: Osisko Mining Inc. (OSK:CA) Declines 5.78%

It was a tough day for Osisko Mining Inc. (OSK:CA) as its stock fell 5.78% to finish the day at $3.10 a share on October 10. That reduces the company’s market cap to 843.13 million on 274 million outstanding shares. Osisko Mining Inc. is a component of the the S&P/TSX SmallCap Index.

724,813 shares exchanged hands over the course of the day as compared with an average daily volume of n/a over the last 30 days.

Osisko Mining Inc is a precious metal mining company. It is engaged in acquiring, exploring and developing mineral properties. The company’s project portfolio includes Urban-Barry, Windfall Lake Property, Catherine Fault which includes Ogima Project, Northstar Miller Project, Golden Dawn Project, Golden Dawn Project, Ashley Gold Project, and the Garrison Properties which includes Garrcon Project, Jonpol Project, and Buffonta Project. It holds the Gold Pike mine property.. Osisko Mining Inc. makes its home in Toronto, ON, and currently has CEO John Burzynski at the helm.

The past 52 weeks have seen the stock trade in a range between a high of $3.90 and a low of $2.19, and it’s currently sporting a 50-day SMA of $n/a and a 200-day SMA of $n/a. The current P/E ratio stands at n/a, with a P/B ratio of 1.69.

Osisko Mining Inc. ($OSK:CA) is one of the 200 Canadian small-cap stocks that make up the S&P500/TSX SmallCap Index, the widely recognized benchmark for gauging the performance of the Canadian small-cap market. Similar to the Russell 2000 in the United States, the index is market cap-weighted and consists only of smaller companies. To be a part of the index, a company must have a market capitalization between C$100 million and C$1.5 billion with an average share price of C$1 or more.

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