Osisko Metals (CVE:OM) Stock Price Up 4.5% – Here’s What Happened

Osisko Metals Incorporated (CVE:OM) shares shot up 4.5% on Thursday . The stock traded as high as C$0.47 and last traded at C$0.46. 311,450 shares changed hands during mid-day trading, a decline of 51% from the average session volume of 635,006 shares. The stock had previously closed at C$0.44.

Wall Street Analyst Weigh In

Several equities analysts recently issued reports on OM shares. Scotiabank set a C$1.00 price target on shares of Osisko Metals and gave the company an “outperform” rating in a report on Thursday, May 1st. National Bankshares set a C$1.25 price target on Osisko Metals and gave the stock an “outperform” rating in a research report on Thursday, April 3rd.

Osisko Metals Trading Up 4.5 %

The company has a current ratio of 0.08, a quick ratio of 0.70 and a debt-to-equity ratio of 37.43. The stock has a market cap of C$128.77 million, a P/E ratio of -16.59 and a beta of 0.97. The business’s fifty day simple moving average is C$0.42 and its 200 day simple moving average is C$0.34.

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.