Osisko Metals (CVE:OM) Hits New 12-Month High – Time to Buy?

Osisko Metals Incorporated (CVE:OM) hit a new 52-week high on Monday . The company traded as high as C$0.55 and last traded at C$0.52, with a volume of 364321 shares traded. The stock had previously closed at C$0.53.

Osisko Metals Stock Performance

The company has a debt-to-equity ratio of 37.43, a quick ratio of 0.70 and a current ratio of 0.08. The stock has a market cap of C$145.57 million, a PE ratio of -18.75 and a beta of 0.97. The firm has a fifty day moving average price of C$0.37 and a 200 day moving average price of C$0.29.

Insider Activity

In related news, Senior Officer Blair David Zaritsky purchased 185,000 shares of the business’s stock in a transaction on 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. Also, Director John Feliks Burzynski acquired 100,000 shares of the firm’s stock in a transaction dated Monday, January 13th. The stock was bought at an average cost of C$0.33 per share, with a total value of C$32,650.00. Insiders have purchased 712,500 shares of company stock valued at $235,145 over the last ninety days. 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.