Osisko Metals (CVE:OM) Hits New 12-Month High - Here's What Happened

Osisko Metals Incorporated (CVE:OM - Get Free Report) shares reached a new 52-week high during mid-day trading on Wednesday . The stock traded as high as C$0.37 and last traded at C$0.36, with a volume of 475199 shares changing hands. The stock had previously closed at C$0.36.

Osisko Metals Stock Performance

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$91.09 million, a PE ratio of -11.83 and a beta of 0.97. The firm has a 50 day moving average price of C$0.28 and a 200-day moving average price of C$0.24.

Insiders Place Their Bets

In other news, Director John Feliks Burzynski bought 200,000 shares of the business's stock in a transaction dated Monday, December 16th. The stock was purchased at an average cost of C$0.30 per share, with a total value of C$59,000.00. In the last three months, insiders have purchased 575,000 shares of company stock valued at $167,465. Company 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.