Osisko Metals (CVE:OM) Reaches New 52-Week High – What’s Next?

Osisko Metals Incorporated (CVE:OM)’s stock price hit a new 52-week high on Wednesday . The company traded as high as C$0.37 and last traded at C$0.36, with a volume of 394180 shares changing hands. The stock had previously closed at C$0.33.

Osisko Metals Trading Down 1.4 %

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 firm’s 50 day moving average is C$0.27 and its two-hundred day moving average is C$0.23. The stock has a market cap of C$89.80 million, a price-to-earnings ratio of -11.67 and a beta of 0.97.

Insider Buying and Selling

In other Osisko Metals news, Director John Feliks Burzynski purchased 200,000 shares of the business’s stock in a transaction dated Monday, December 16th. The shares were bought at an average price of C$0.30 per share, with a total value of C$59,000.00. Insiders purchased a total of 575,000 shares of company stock worth $167,465 in the last three months. 29.43% of the stock is 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.