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Osisko Metals Incorporated ( (TSE:OM) ) has shared an update.
Osisko Metals has appointed veteran geologist and long-time company insider Jeff Hussey as Chief Operating Officer, effective immediately, as it advances its major copper and zinc projects. Hussey, who brings over four decades of experience across mine development stages and has led the company’s Pine Point Mining subsidiary, will now oversee technical development of the Gaspé Copper project while continuing to support Pine Point, reinforcing management depth as the company pushes through economic evaluation, permitting and eventual start-up of its flagship Québec copper asset.
The most recent analyst rating on (TSE:OM) stock is a Hold with a C$0.73 price target. To see the full list of analyst forecasts on Osisko Metals Incorporated stock, see the TSE:OM Stock Forecast page.
Spark’s Take on TSE:OM Stock
According to Spark, TipRanks’ AI Analyst, TSE:OM is a Neutral.
The score is held back primarily by weak financial performance (no revenue and ongoing cash burn), partially offset by strong technical momentum (price above key moving averages with positive MACD) and supportive corporate developments (strategic financing and positive drill results). Valuation remains constrained by losses and no dividend support.
To see Spark’s full report on TSE:OM stock, click here.
More about Osisko Metals Incorporated
Osisko Metals Incorporated is a Canadian exploration and development company focused on critical metals, primarily copper and zinc. Its flagship asset is the past-producing Gaspé Copper mine in Québec’s Gaspé Peninsula, which hosts one of the largest undeveloped copper resources in eastern North America and benefits from proximity to established infrastructure in a mining-friendly jurisdiction. The company is also advancing the Pine Point zinc project in the Northwest Territories through a joint venture with Appian Capital Advisory, targeting the revival of one of Canada’s largest past-producing zinc mining camps, likewise supported by existing road and power infrastructure.
Average Trading Volume: 825,612
Technical Sentiment Signal: Buy
Current Market Cap: C$484.7M
See more insights into OM stock on TipRanks’ Stock Analysis page.