Osisko Metals (CVE:OM) Hits New 1-Year High – Here’s Why

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 475199 shares changing hands. The stock had previously closed at C$0.36.

Osisko Metals Trading Down 1.4 %

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 market capitalization of C$91.09 million, a PE ratio of -11.83 and a beta of 0.97. The firm’s fifty day moving average is C$0.28 and its two-hundred day moving average is C$0.24.

Insider Buying and Selling at Osisko Metals

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