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

Osisko Metals Incorporated (CVE:OM)’s share price reached a new 52-week high during trading on Wednesday . The company traded as high as C$0.40 and last traded at C$0.39, with a volume of 269530 shares traded. The stock had previously closed at C$0.38.

Osisko Metals Stock Performance

The stock has a market capitalization of C$106.38 million, a price-to-earnings ratio of -13.70 and a beta of 0.97. 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 business’s 50-day simple moving average is C$0.33 and its two-hundred day simple moving average is C$0.26.

Insider Buying and Selling at Osisko Metals

In other news, Senior Officer Blair David Zaritsky acquired 185,000 shares of the business’s stock in a transaction on Tuesday, January 14th. The shares were purchased at an average price of C$0.33 per share, for a total transaction of C$61,050.00. Also, Director John Feliks Burzynski bought 300,000 shares of the company’s stock in a transaction dated Friday, December 13th. The shares were acquired at an average cost of C$0.28 per share, for a total transaction of C$84,090.00. Insiders have acquired a total of 1,212,500 shares of company stock valued at $378,235 over the last ninety days. Corporate insiders own 29.43% of the company’s stock.

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.