Osisko Metals (CVE:OM) Sets New 12-Month High - Time to Buy?

Osisko Metals Incorporated (CVE:OM - Get Free Report)'s share price hit a new 52-week high during mid-day trading on Thursday . The company traded as high as C$0.38 and last traded at C$0.37, with a volume of 1242800 shares traded. The stock had previously closed at C$0.34.

Osisko Metals Stock Performance

The stock has a market capitalization of C$110.57 million, a PE ratio of -14.24 and a beta of 0.97. The company has a debt-to-equity ratio of 37.43, a current ratio of 0.08 and a quick ratio of 0.70. The business's fifty day moving average price is C$0.33 and its 200-day moving average price is C$0.26.

Insider Activity at Osisko Metals

In other Osisko Metals news, Director John Feliks Burzynski purchased 300,000 shares of Osisko Metals stock in a transaction on Friday, December 13th. The shares were acquired at an average cost of C$0.28 per share, for a total transaction of C$84,090.00. Also, Senior Officer Blair David Zaritsky purchased 185,000 shares of Osisko Metals stock in a transaction on Tuesday, January 14th. The shares were acquired at an average price of C$0.33 per share, for a total transaction of C$61,050.00. Insiders have purchased 1,207,500 shares of company stock valued at $376,710 over the last three months. 29.43% of the stock is owned by corporate 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.