Osisko Metals (CVE:OM) Stock Price Up 12.3% – Should You Buy?

Osisko Metals Incorporated (CVE:OM)’s share price was up 12.3% during mid-day trading on Tuesday . The company traded as high as C$0.37 and last traded at C$0.37. Approximately 273,180 shares traded hands during trading, an increase of 46% from the average daily volume of 186,924 shares. The stock had previously closed at C$0.33.

Osisko Metals Stock Up 10.8 %

The company has a market capitalization of C$92.37 million, a price-to-earnings ratio of -12.00 and a beta of 0.97. The firm’s 50 day moving average price is C$0.26 and its two-hundred day moving average price is C$0.23. The company has a current ratio of 0.15, a quick ratio of 0.70 and a debt-to-equity ratio of 36.04.

Insider Buying and Selling at Osisko Metals

In other Osisko Metals news, Director John Feliks Burzynski purchased 300,000 shares of the company’s stock in a transaction dated Friday, December 13th. The stock was purchased at an average price of C$0.28 per share, with a total value of C$84,090.00. Insiders acquired 575,000 shares of company stock valued at $167,465 in the last quarter. Company insiders own 29.43% of the company’s stock.

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.