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

Osisko Metals Incorporated (CVE:OM - Get Free Report) Director Robert Wares purchased 500,000 shares of the business's stock in a transaction on Tuesday, June 24th. The stock was acquired at an average price of C$0.40 per share, for a total transaction of C$200,000.00.

Osisko Metals Price Performance

Shares of CVE OM traded down C$0.01 on Friday, hitting C$0.41. The company's stock had a trading volume of 1,060,448 shares, compared to its average volume of 623,544. The stock has a 50 day moving average of C$0.43 and a 200-day moving average of C$0.39. The company has a market capitalization of C$113.37 million, a price-to-earnings ratio of -14.61 and a beta of 0.97. Osisko Metals Incorporated has a 12-month low of C$0.16 and a 12-month high of C$0.55. The company has a debt-to-equity ratio of 37.43, a current ratio of 0.08 and a quick ratio of 0.70.

Analysts Set New Price Targets

OM has been the topic of a number of research reports. National Bankshares set a C$1.25 price target on Osisko Metals and gave the stock an "outperform" rating in a research note on Thursday, April 3rd. Scotiabank set a C$1.00 price objective on Osisko Metals and gave the company an "outperform" rating in a report on Thursday, May 1st.

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.