Osisko Metals (CVE:OM) Hits New 12-Month High After Insider Buying Activity

Osisko Metals Incorporated (CVE:OM) reached a new 52-week high during trading 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 trading hands. The stock had previously closed at C$0.28.

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

Osisko Metals Stock Up 8.9 %

The firm has a market cap of C$78.26 million, a P/E ratio of -10.17 and a beta of 0.97. The business’s fifty day moving average price is C$0.24 and its two-hundred day moving average price is C$0.23. The company has a current ratio of 0.15, a quick ratio of 0.70 and a debt-to-equity ratio of 36.04.

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.