Osino Resources (CVE:OSI) Shares Up 6.2%

Osino Resources Corp. (CVE:OSIGet Rating) shot up 6.2% during trading on Tuesday . The stock traded as high as C$0.95 and last traded at C$0.85. 139,300 shares traded hands during trading, an increase of 19% from the average session volume of 116,830 shares. The stock had previously closed at C$0.80.

Wall Street Analysts Forecast Growth

Several research firms have commented on OSI. Stifel Nicolaus lifted their price objective on shares of Osino Resources from C$2.20 to C$2.30 in a research note on Monday, September 12th. Cormark lifted their price objective on shares of Osino Resources from C$1.60 to C$1.70 in a research note on Wednesday, September 7th.

Osino Resources Price Performance

The company has a debt-to-equity ratio of 5.42, a current ratio of 2.23 and a quick ratio of 2.20. The firm has a fifty day moving average of C$0.63 and a two-hundred day moving average of C$0.84. The stock has a market capitalization of C$109.23 million and a P/E ratio of -3.68.

Osino Resources (CVE:OSIGet Rating) last released its quarterly earnings data on Monday, August 29th. The company reported C($0.05) earnings per share for the quarter. On average, analysts predict that Osino Resources Corp. will post -0.07 EPS for the current year.

About Osino Resources

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Osino Resources Corp., together with its subsidiaries, engages in the acquisition, exploration, and development of gold mining properties in Namibia. Its flagship project is the Twin Hills project located in Central Namibia. As of December 31, 2021, it had 14 exploration licenses covering 153,658 hectares located in Namibia.

Further Reading

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