Osisko Metals (CVE:OM) Hits New 1-Year High – Time to Buy?

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

Osisko Metals Price Performance

The stock has a market capitalization of C$89.80 million, a PE ratio of -11.67 and a beta of 0.97. The company’s 50 day simple moving average is C$0.27 and its 200 day simple moving average 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

In other news, Director John Feliks Burzynski bought 200,000 shares of the business’s stock in a transaction that occurred on Monday, December 16th. The shares were acquired at an average cost of C$0.30 per share, with a total value of C$59,000.00. Over the last ninety days, insiders have acquired 575,000 shares of company stock worth $167,465. 29.43% of the stock is owned by company insiders.

About Osisko Metals

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.