Osisko Metals (CVE:OM) Shares Up 2% – Time to Buy?

Osisko Metals Incorporated (CVE:OMGet Free Report)’s stock price shot up 2% during trading on Thursday . The company traded as high as C$0.26 and last traded at C$0.26. 176,760 shares changed hands during mid-day trading, an increase of 6% from the average session volume of 166,820 shares. The stock had previously closed at C$0.26.

Osisko Metals Stock Performance

The stock’s 50 day moving average price is C$0.24 and its 200 day moving average price is C$0.22. The company has a debt-to-equity ratio of 36.04, a quick ratio of 0.70 and a current ratio of 0.15. The company has a market capitalization of C$65.43 million, a P/E ratio of -8.50 and a beta of 0.97.

About Osisko Metals

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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.

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