Osisko Metals (CVE:OM) Shares Up 5.1% – Still a Buy?

Shares of Osisko Metals Incorporated (CVE:OM) were up 5.1% during trading on Thursday . The stock traded as high as C$0.43 and last traded at C$0.42. Approximately 396,648 shares traded hands during trading, a decline of 34% from the average daily volume of 598,992 shares. The stock had previously closed at C$0.40.

Analyst Upgrades and Downgrades

A number of research firms have recently weighed in on OM. BMO Capital Markets set a C$175.00 target price on shares of Osisko Metals and gave the stock an “outperform” rating in a report on Thursday, February 19th. National Bank Financial increased their price target on shares of Osisko Metals from C$1.25 to C$1.50 in a report on Thursday, January 29th. Three equities research analysts have rated the stock with a Buy rating, According to data from MarketBeat, the stock has a consensus rating of “Buy” and a consensus target price of C$59.17.

Osisko Metals Stock Up 5.1%

The company has a fifty day moving average of C$0.41 and a two-hundred day moving average of C$0.41. The company has a market cap of C$116.17 million, a PE ratio of -14.97 and a beta of 0.97. The company has a debt-to-equity ratio of 36.22, a quick ratio of 0.70 and a current ratio of 1.22.

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. It also holds interests in the Mount Copper expansion project hosts the undeveloped copper resource in Eastern North America.