Osisko Metals (CVE:OM) Given a C$1.25 Price Target by National Bankshares Analysts

Osisko Metals (CVE:OM) received a C$1.25 target price from investment analysts at National Bankshares in a research report issued to clients and investors on Thursday,BayStreet.CA reports. The brokerage currently has an “outperform” rating on the stock. National Bankshares’ target price points to a potential upside of 197.62% from the company’s previous close.

Osisko Metals Stock Down 6.7 %

Shares of OM traded down C$0.03 during trading hours on Thursday, hitting C$0.42. 351,626 shares of the company were exchanged, compared to its average volume of 465,385. The firm’s 50 day moving average is C$0.40 and its 200-day moving average is C$0.31. The company has a debt-to-equity ratio of 37.43, a quick ratio of 0.70 and a current ratio of 0.08. Osisko Metals has a 52 week low of C$0.15 and a 52 week high of C$0.55. The company has a market cap of C$117.57 million, a PE ratio of -15.15 and a beta of 0.97.

Insider Buying and Selling

In other Osisko Metals news, Senior Officer Blair David Zaritsky purchased 185,000 shares of the business’s stock in a transaction dated 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 acquired 100,000 shares of Osisko Metals stock in a transaction dated Monday, January 13th. The stock was acquired at an average cost of C$0.33 per share, with a total value of C$32,650.00. In the last three months, insiders bought 637,500 shares of company stock valued at $210,770. Company 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.