The Investment Doctor
Long/short equity, value, debt, base metals

Can Osisko Mining Repay Its Debt?

Introduction

In this article I'll discuss Osisko Mining (OTCPK:OSKFF), a Canadian gold mining company with several projects in the same country. Osisko's main listing is on the Toronto Stock Exchange (TSX) with ticker symbol OSK where the average daily volume is approximately 3.3M shares, good for a daily dollar volume of in excess of C$11.5M (US$12M).

I'll discuss the company, move over to the Q1 financial results and the outlook as Osisko has two more projects in the development-phase. This will result in my investment thesis at the end.

As Osisko Mining is a Canadian business, it reports numbers in Canadian Dollars. I used a fixed USD/CAD exchange rate of 1.04 to do the re-calculations which you can...

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