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

Osisko Metals Incorporated (CVE:OM)’s stock price hit a new 52-week high during trading on Wednesday . The company traded as high as C$0.37 and last traded at C$0.36, with a volume of 475199 shares traded. The stock had previously closed at C$0.36.

Osisko Metals Stock Down 1.4 %

The stock has a market cap of C$91.09 million, a P/E ratio of -11.83 and a beta of 0.97. The company has a quick ratio of 0.70, a current ratio of 0.15 and a debt-to-equity ratio of 36.04. The company has a 50-day simple moving average of C$0.28 and a two-hundred day simple moving average of C$0.24.

Insider Activity

In other news, Director John Feliks Burzynski acquired 300,000 shares of Osisko Metals stock in a transaction that occurred on Friday, December 13th. The stock was bought at an average price of C$0.28 per share, for a total transaction of C$84,090.00. Insiders purchased 575,000 shares of company stock worth $167,465 over the last three months. 29.43% of the stock is currently owned by corporate 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.