Osisko Metals (CVE:OM) Hits New 12-Month High - Still a Buy?

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

Osisko Metals Price Performance

The stock has a market capitalization of C$131.57 million, a price-to-earnings ratio of -16.95 and a beta of 0.97. The company has a fifty day simple moving average of C$0.38 and a 200 day simple moving average of C$0.30. The company has a debt-to-equity ratio of 37.43, a quick ratio of 0.70 and a current ratio of 0.08.

Insiders Place Their Bets

In other Osisko Metals news, Director Robert Wares acquired 100,000 shares of the stock in a transaction dated Monday, January 20th. The stock was purchased at an average cost of C$0.31 per share, with a total value of C$31,000.00. Also, Senior Officer Blair David Zaritsky acquired 185,000 shares of the stock in a transaction dated Tuesday, January 14th. The stock was acquired at an average cost of C$0.33 per share, with a total value of C$61,050.00. In the last three months, insiders have purchased 637,500 shares of company stock valued at $210,770. 29.43% of the stock is currently owned by company insiders.

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.