Osisko Metals Secures $32.5 Million Investment to Boost Gaspé Copper Project

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

Osisko Metals announced a $32.5 million private placement with strategic investors, including Hudbay Minerals, Agnico Eagle Mines, Franco-Nevada Corporation, and a strategic institutional investor. The proceeds will be used to advance the Gaspé Copper project, enhancing the company’s position in the critical metals sector. This investment reflects strong support from key stakeholders and is expected to close by mid-December 2025, pending customary approvals.

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 Canadian exploration and development company focusing on the critical metals sector, specifically copper and zinc. The company owns the Gaspé Copper project, located in Québec’s Gaspé Peninsula, which is the largest undeveloped copper resource in eastern North America.

Average Trading Volume: 694,314

Technical Sentiment Signal: Strong Buy

Current Market Cap: C$294.5M

For a thorough assessment of OM stock, go to TipRanks’ Stock Analysis page.