National Bank downgraded Osisko Mining to Tender from Outperform with a price target of C$4.90, down from C$5. The move to Tender followings GFI announcing a definitive agreement to acquire Osisko Mining in an all-cash offer of C$4.90 per Osisko share, which is expected to close in Q4.
Claim 30% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on OBNNF:
- Osisko Mining Set for Lucrative Acquisition
- Osisko Mining Obtains Interim Order for Plan of Arrangement; Update on Special Meeting for Gold Fields Transaction
- Vior issues option agreement to Osisko Mining
- Osisko Mining downgraded to Sector Perform from Outperform at Scotiabank
- Osisko Mining downgraded to Tender from Outperformer at CIBC