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

Osisko Metals Incorporated (CVE:OM)’s stock price hit a new 52-week high during mid-day trading on Monday . The stock traded as high as C$0.45 and last traded at C$0.44, with a volume of 311783 shares traded. The stock had previously closed at C$0.44.

Osisko Metals Trading Down 2.7 %

The company has a debt-to-equity ratio of 37.43, a current ratio of 0.08 and a quick ratio of 0.70. The stock has a 50 day moving average of C$0.35 and a 200 day moving average of C$0.28. The firm has a market cap of C$119.81 million, a P/E ratio of -15.44 and a beta of 0.97.

Insider Activity at Osisko Metals

In related news, Senior Officer Blair David Zaritsky bought 185,000 shares of the company’s stock in a transaction that occurred on Tuesday, January 14th. The stock was bought at an average cost of C$0.33 per share, for a total transaction of C$61,050.00. Also, Director John Feliks Burzynski purchased 200,000 shares of Osisko Metals stock in a transaction that occurred on Monday, December 16th. The shares were bought at an average price of C$0.30 per share, for a total transaction of C$59,000.00. In the last three months, insiders have bought 1,212,500 shares of company stock valued at $378,235. Corporate 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.