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

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

Osisko Metals Price Performance

The company has a current ratio of 0.08, a quick ratio of 0.70 and a debt-to-equity ratio of 37.43. The stock has a market cap of C$119.81 million, a PE ratio of -15.44 and a beta of 0.97. The business has a 50-day moving average price of C$0.35 and a 200 day moving average price of C$0.28.

Insider Buying and Selling at Osisko Metals

In other news, Director Robert Wares acquired 100,000 shares of Osisko Metals stock in a transaction that occurred on Monday, January 20th. The stock was bought at an average price of C$0.31 per share, with a total value of C$31,000.00. Also, Director John Feliks Burzynski bought 300,000 shares of the stock in a transaction on Friday, December 13th. The stock was purchased at an average price of C$0.28 per share, for a total transaction of C$84,090.00. Insiders have acquired a total of 1,212,500 shares of company stock valued at $378,235 over the last three months. 29.43% of the stock is currently owned by insiders.

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.