Osisko Metals (CVE:OM) Sets New 52-Week High – Here’s What Happened

Shares of Osisko Metals Incorporated (CVE:OMGet Free Report) hit a new 52-week high 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 Trading Down 1.4 %

The company has a debt-to-equity ratio of 36.04, a quick ratio of 0.70 and a current ratio of 0.15. The firm has a 50-day moving average of C$0.28 and a 200-day moving average of C$0.24. The firm has a market capitalization of C$91.09 million, a P/E ratio of -11.83 and a beta of 0.97.

Insiders Place Their Bets

In other news, Director John Feliks Burzynski bought 200,000 shares of the firm’s stock in a transaction on Monday, December 16th. The stock was acquired at an average cost of C$0.30 per share, with a total value of C$59,000.00. In the last ninety days, insiders purchased 675,000 shares of company stock worth $202,965. 29.43% of the stock is currently owned by corporate insiders.

Osisko Metals Company Profile

(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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