Osisko Metals Reports Longest Continuous Copper Intercept at Gaspé Project

Osisko Metals Incorporated ( (TSE:OM) ) has issued an update.

Osisko Metals has announced significant new drill results from its Gaspé Copper Project in Eastern Québec, with the longest continuous intercept to date measuring 1117.5 metres and averaging 0.25% copper. This development is part of a larger drilling program aimed at expanding and upgrading mineral resources, with the updated Mineral Resource Estimate (MRE) expected in the first quarter of 2026. The results could potentially enhance the company’s resource base and strengthen its position in the copper mining sector.

The most recent analyst rating on (TSE:OM) stock is a Buy with a C$1.15 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.

Osisko Metals’ overall stock score reflects significant financial challenges, primarily due to persistent losses and negative cash flows. However, positive technical indicators and promising corporate events, such as drilling results, could offer potential upside. The negative valuation metrics underscore the need for profitability improvements before the stock becomes attractive to value investors.

To see Spark’s full report on TSE:OM stock, click here.

More about Osisko Metals Incorporated

Osisko Metals Incorporated is a company operating in the mining industry, focusing on the exploration and development of base metal projects. The company primarily deals with copper and other mineral resources, with a significant focus on projects in Eastern Québec, Canada.

Average Trading Volume: 461,302

Technical Sentiment Signal: Buy

Current Market Cap: C$251.9M

See more data about OM stock on TipRanks’ Stock Analysis page.