Globe says Nizami rates Osisko Metals “outperform”

Apr 4, 2025

2025-04-04 07:50 ET – In the News

The Globe and Mail reports in its Friday, April 4, edition that National Bank Financial analyst Rabi Nizami began coverage on Osisko Metals with an “outperform” ranking and $1.25 share target. The Globe’s David Leeder writes in the Eye On Equities column that analysts on average target the shares at $1.10. Mr. Nizami, touting an “accelerated path to development,” sees Osisko Metals “bringing fresh attention to Gaspe Copper, a re-emerging Canadian copper asset with scale, infrastructure and a clear path to redevelopment, located at home in mining-friendly Québec.” He calls the project “the largest undeveloped copper resource in eastern North America,” emphasizing the company is led by “principals of the Osisko Group — responsible for advancing Canadian Malartic, Windfall and Osisko Gold Royalties — which bring a proven track record in developing large-scale mining projects in Quebec and globally.” Mr. Nizami says in a note: “Osisko Metals aims to redevelop Gaspe Copper as a bulk-tonnage, open pit mine with large-scale copper production rivaling globally significant copper projects over a multi-decade mine life.” Mr. Nizami believes an updated resource in 2026 will support advanced technical and economic studies.

https://osiskometals.com/