Osisko Metals Inc. (OM:CA)
Analyst Update
Scotiabank maintained its “Outperform” rating on Osisko Metals with a 12 month target price of $1.20 per share, reflecting continued exploration upside and the long-term potential of the company’s flagship assets. The analyst highlighted ongoing drilling success and resource expansion efforts, which continue to support the investment case as Osisko works to advance its projects toward more defined development pathways.
Analysts also pointed to Osisko Metals’ strong geological endowment, experienced management team, and strategic positioning within the Osisko group, which provides technical expertise and capital markets credibility. With exploration results expected to drive future resource growth and potential re-rating catalysts ahead, the firm believes the company offers attractive upside relative to its current valuation, particularly in a supportive metals price environment.
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