Osisko Metals (CVE:OM) Hits New 52-Week High – Time to Buy?

Osisko Metals Incorporated (CVE:OM) hit a new 52-week high on Monday . The stock traded as high as C$0.55 and last traded at C$0.52, with a volume of 364321 shares trading hands. The stock had previously closed at C$0.53.

Osisko Metals Stock Performance

The company has a market capitalization of C$145.57 million, a PE ratio of -18.75 and a beta of 0.97. The company has a quick ratio of 0.70, a current ratio of 0.08 and a debt-to-equity ratio of 37.43. The company has a 50-day moving average price of C$0.37 and a two-hundred day moving average price of C$0.30.

Insider Activity

In other Osisko Metals news, Director John Feliks Burzynski bought 100,000 shares of Osisko Metals stock in a transaction that occurred on Thursday, January 9th. The stock was acquired at an average cost of C$0.36 per share, for a total transaction of C$35,500.00. Also, Senior Officer Blair David Zaritsky bought 185,000 shares of Osisko Metals stock in a transaction that occurred on Tuesday, January 14th. The shares were acquired at an average price of C$0.33 per share, with a total value of C$61,050.00. Over the last three months, insiders purchased 637,500 shares of company stock worth $210,770. 29.43% of the stock is owned by corporate insiders.

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.