Osisko Metals (CVE:OM) Stock Price Expected to Rise, National Bank Financial Analyst Says

Osisko Metals (CVE:OM) had its price target lifted by investment analysts at National Bank Financial from C$2.00 to C$2.25 in a note issued to investors on Tuesday,BayStreet.CA reports. The brokerage presently has an “outperform” rating on the stock. National Bank Financial’s price objective would suggest a potential upside of 442.17% from the company’s current price.

Osisko Metals Stock Up 5.1%

OM stock traded up C$0.02 during mid-day trading on Tuesday, hitting C$0.41. The stock had a trading volume of 396,648 shares, compared to its average volume of 598,992. Osisko Metals has a 1-year low of C$0.20 and a 1-year high of C$0.55. The company has a fifty day moving average of C$0.41 and a 200 day moving average of C$0.41. The company has a current ratio of 1.22, a quick ratio of 0.70 and a debt-to-equity ratio of 36.22. 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.

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