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

Osisko Metals Incorporated (CVE:OM - Get Free Report) Director Robert Wares purchased 500,000 shares of the firm'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 traded down C$0.01 during trading hours on Friday, hitting C$0.41. 1,060,448 shares of the company's stock were exchanged, compared to its average volume of 623,544. The company has a market capitalization of C$113.37 million, a PE ratio of -14.61 and a beta of 0.97. The company has a current ratio of 0.08, a quick ratio of 0.70 and a debt-to-equity ratio of 37.43. Osisko Metals Incorporated has a 12-month low of C$0.16 and a 12-month high of C$0.55. The business's 50 day simple moving average is C$0.43 and its 200-day simple moving average is C$0.39.

Wall Street Analyst Weigh In

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

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.