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

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Osisko Metals Incorporated (CVE:OM - Get Free Report) hit a new 52-week high during mid-day trading on Monday . The company traded as high as C$0.45 and last traded at C$0.44, with a volume of 311783 shares traded. The stock had previously closed at C$0.44.

Osisko Metals Stock Performance

The company has a debt-to-equity ratio of 37.43, a quick ratio of 0.70 and a current ratio of 0.08. The stock's 50 day moving average price is C$0.36 and its 200 day moving average price is C$0.29. The company has a market capitalization of C$131.57 million, a P/E ratio of -16.95 and a beta of 0.97.

Insider Activity at Osisko Metals

In other news, Senior Officer Blair David Zaritsky purchased 185,000 shares of the business's 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. Also, Director John Feliks Burzynski bought 100,000 shares of the business's stock in a transaction that occurred on Thursday, January 9th. The stock was purchased at an average price of C$0.36 per share, for a total transaction of C$35,500.00. Insiders have bought a total of 1,212,500 shares of company stock worth $378,235 over the last quarter. Company insiders own 29.43% of the company's stock.

About Osisko Metals

(Get Free Report)

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.

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