Osisko Metals (CVE:OM) Shares Up 5.1% – What’s Next?

Osisko Metals Incorporated (CVE:OM)’s share price traded up 5.1% during trading on Wednesday . The company traded as high as C$0.43 and last traded at C$0.41. 396,648 shares were traded during mid-day trading, a decline of 34% from the average daily volume of 598,992 shares. The stock had previously closed at C$0.40.

Analyst Ratings Changes

A number of research analysts have recently issued reports on OM shares. BMO Capital Markets set a C$175.00 price target on Osisko Metals and gave the company an “outperform” rating in a report on Thursday, February 19th. National Bank Financial lifted their price objective on Osisko Metals from C$1.50 to C$2.00 and gave the stock an “outperform” rating in a report on Wednesday, April 15th. Two research analysts have rated the stock with a Buy rating, According to data from MarketBeat, the company has an average rating of “Buy” and a consensus target price of C$88.50.

Osisko Metals Trading Up 5.1%

The firm has a market capitalization of C$116.17 million, a PE ratio of -14.97 and a beta of 0.97. The company has a quick ratio of 0.70, a current ratio of 1.22 and a debt-to-equity ratio of 36.22. The stock’s fifty day simple moving average is C$0.41 and its 200 day simple moving average is C$0.41.

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. It also holds interests in the Mount Copper expansion project hosts the undeveloped copper resource in Eastern North America.