Osisko Metals (CVE:OM) Hits New 52-Week High – Still a Buy?

Osisko Metals Incorporated (CVE:OMGet Free Report)’s share price reached a new 52-week high during mid-day trading on Thursday . The stock traded as high as C$0.27 and last traded at C$0.26, with a volume of 704739 shares. The stock had previously closed at C$0.24.

Osisko Metals Stock Up 8.7 %

The stock has a market capitalization of C$64.15 million, a price-to-earnings ratio of -8.33 and a beta of 0.97. The company has a debt-to-equity ratio of 36.04, a current ratio of 0.15 and a quick ratio of 0.70. The firm has a 50 day simple moving average of C$0.23 and a 200-day simple moving average of C$0.22.

Osisko Metals Company Profile

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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.

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