Osisko Metals (CVE:OM) Trading Up 5.1% – Here’s What Happened
by Jessica Moore · The Cerbat GemOsisko Metals Incorporated (CVE:OM – Get Free Report)’s stock price rose 5.1% on Thursday . The company traded as high as C$0.43 and last traded at C$0.42. Approximately 396,648 shares traded hands 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
Several research analysts recently weighed in on OM shares. BMO Capital Markets set a C$175.00 price objective on shares of Osisko Metals and gave the company an “outperform” rating in a report on Thursday, February 19th. National Bank Financial increased their target price on shares of Osisko Metals from C$1.25 to C$1.50 in a report on Thursday, January 29th. Three investment analysts have rated the stock with a Buy rating, According to MarketBeat.com, the stock currently has a consensus rating of “Buy” and a consensus target price of C$59.17.
Get Our Latest Report on Osisko Metals
Osisko Metals Trading Up 5.1%
The business has a 50 day simple moving average of C$0.41 and a 200-day simple moving average of C$0.41. 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. The company has a debt-to-equity ratio of 36.22, a current ratio of 1.22 and a quick ratio of 0.70.
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.