Osisko Metals (CVE:OM) Hits New 52-Week High on Insider Buying Activity

Osisko Metals Incorporated (CVE:OM - Get Free Report) shares reached a new 52-week high on Monday after an insider bought additional shares in the company. The company traded as high as C$0.30 and last traded at C$0.30, with a volume of 727276 shares changing hands. The stock had previously closed at C$0.28.

Specifically, Director John Feliks Burzynski acquired 200,000 shares of the company's stock in a transaction that occurred on Monday, December 16th. The stock was bought at an average price of C$0.30 per share, with a total value of C$59,000.00. Also, Director John Feliks Burzynski bought 300,000 shares of the stock in a transaction dated Friday, December 13th. The shares were bought at an average price of C$0.28 per share, for a total transaction of C$84,090.00.

Osisko Metals Stock Performance

The stock has a market cap of C$78.26 million, a price-to-earnings ratio of -10.17 and a beta of 0.97. The firm's 50-day moving average price is C$0.24 and its two-hundred day moving average price is C$0.23. The company has a debt-to-equity ratio of 36.04, a quick ratio of 0.70 and a current ratio of 0.15.

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.