Osino Resources (CVE:OSI) Given a C$2.60 Price Target by Eight Capital Analysts

Osino Resources (CVE:OSI – Get Free Report) has been assigned a C$2.60 target price by research analysts at Eight Capital in a research report issued on Thursday, BayStreet.CA reports. The brokerage currently has a “buy” rating on the stock. Eight Capital’s price objective would indicate a potential upside of 122.22% from the stock’s current price.

Separately, Cormark boosted their target price on Osino Resources from C$2.20 to C$2.60 in a report on Tuesday, June 13th.

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Osino Resources Stock Performance

OSI opened at C$1.17 on Thursday. The business’s 50 day moving average is C$1.11 and its 200-day moving average is C$1.04. The stock has a market cap of C$185.14 million, a PE ratio of -3.90 and a beta of 0.87. The company has a current ratio of 3.38, a quick ratio of 0.56 and a debt-to-equity ratio of 130.84. Osino Resources has a twelve month low of C$0.52 and a twelve month high of C$1.25.

Osino Resources (CVE:OSI – Get Free Report) last released its quarterly earnings results on Tuesday, May 30th. The company reported C($0.04) earnings per share for the quarter. On average, analysts predict that Osino Resources will post -0.07 earnings per share for the current year.

About Osino Resources

(Get Free Report)

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 that consists of 11 licenses covering 153,206 hectares located in Central Namibia; holds 100% interest in the Ondundu gold exploration property covering 19,969 hectares located in Namibia; and Otjikoto East gold project that consists of one license covering approximately 38,114 hectares located in Northern Namibia.

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