Osisko Metals (CVE:OM) Shares Up 2% – Time to Buy?

Shares of Osisko Metals Incorporated (CVE:OMGet Free Report) shot up 2% on Thursday . The company traded as high as C$0.26 and last traded at C$0.26. 176,760 shares were traded during mid-day trading, an increase of 6% from the average session volume of 166,820 shares. The stock had previously closed at C$0.26.

Osisko Metals Stock Performance

The business’s fifty day moving average is C$0.24 and its two-hundred day moving average is C$0.22. The company has a quick ratio of 0.70, a current ratio of 0.15 and a debt-to-equity ratio of 36.04. The stock has a market capitalization of C$65.43 million, a PE ratio of -8.50 and a beta of 0.97.

Osisko Metals Company Profile

(Get Free Report)

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.

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