Osisko Metals Incorporated (CVE:OM) Director Robert Wares Purchases 500,000 Shares

Osisko Metals Incorporated (CVE:OM) Director Robert Wares bought 500,000 shares of the company’s stock in a transaction on Tuesday, June 24th. The shares were acquired at an average price of C$0.40 per share, with a total value of C$200,000.00.

Osisko Metals Price Performance

Shares of OM stock opened at C$0.42 on Friday. Osisko Metals Incorporated has a twelve month low of C$0.16 and a twelve month high of C$0.55. The company has a current ratio of 0.08, a quick ratio of 0.70 and a debt-to-equity ratio of 37.43. The stock has a fifty day simple moving average of C$0.42 and a two-hundred day simple moving average of C$0.39. The stock has a market capitalization of C$116.17 million, a price-to-earnings ratio of -14.97 and a beta of 0.97.

Analyst Ratings Changes

Several equities research analysts have issued reports on the stock. National Bankshares set a C$1.25 price objective on shares of Osisko Metals and gave the company an “outperform” rating in a research report on Thursday, April 3rd. Scotiabank set a C$1.00 price target on Osisko Metals and gave the company an “outperform” rating in a report on Thursday, May 1st.

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.