Osisko Metals (CVE:OM) Sets New 1-Year High – What’s Next?

Osisko Metals Incorporated (CVE:OM) shares reached a new 52-week high during mid-day trading on Monday . The company traded as high as C$0.45 and last traded at C$0.44, with a volume of 311783 shares traded. The stock had previously closed at C$0.44.

Osisko Metals Stock Performance

The company has a quick ratio of 0.70, a current ratio of 0.08 and a debt-to-equity ratio of 37.43. The firm has a 50 day moving average price of C$0.36 and a 200 day moving average price of C$0.29. The stock has a market cap of C$131.57 million, a PE ratio of -16.95 and a beta of 0.97.

Insider Buying and Selling at Osisko Metals

In other news, Senior Officer Blair David Zaritsky bought 185,000 shares of Osisko Metals stock in a transaction on Tuesday, January 14th. The stock was acquired at an average cost of C$0.33 per share, for a total transaction of C$61,050.00. Also, Director John Feliks Burzynski purchased 100,000 shares of the firm’s stock in a transaction on Thursday, January 9th. The shares were purchased at an average cost of C$0.36 per share, with a total value of C$35,500.00. In the last quarter, insiders have acquired 1,212,500 shares of company stock valued at $378,235. Company insiders own 29.43% of the company’s stock.

Osisko Metals Company Profile

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.