Osisko Metals (CVE:OM) Sets New 1-Year High – Should You Buy?

Osisko Metals Incorporated (CVE:OM)’s share price reached a new 52-week high during mid-day trading on Wednesday . The stock traded as high as C$0.40 and last traded at C$0.39, with a volume of 269530 shares trading hands. The stock had previously closed at C$0.38.

Osisko Metals Price Performance

The firm has a market capitalization of C$106.38 million, a P/E ratio of -13.70 and a beta of 0.97. The firm’s fifty day moving average price is C$0.33 and its 200-day moving average price is C$0.26. The company has a debt-to-equity ratio of 37.43, a current ratio of 0.08 and a quick ratio of 0.70.

Insider Activity

In other Osisko Metals news, Director John Feliks Burzynski bought 300,000 shares of the business’s stock in a transaction that occurred on Friday, December 13th. The stock was acquired at an average cost of C$0.28 per share, with a total value of C$84,090.00. Also, Senior Officer Blair David Zaritsky acquired 185,000 shares of Osisko Metals stock in a transaction dated Tuesday, January 14th. The shares were bought at an average cost of C$0.33 per share, with a total value of C$61,050.00. In the last ninety days, insiders have bought 1,212,500 shares of company stock worth $378,235. 29.43% of the stock is owned by company insiders.

About Osisko Metals

Osisko Metals Incorporated, together with its subsidiaries, engages in the exploration and evaluation of based metal properties in Canada. The company holds interest in the Pine Point project located on the south shore of Great Slave Lake in the Northwest Territories; and 100% interest in the Gaspé Copper project that hosts the undeveloped copper resource located near Murdochville in the Gaspé peninsula of Québec.