Osisko Metals (CVE:OM) Shares Up 5.1% – Should You Buy?

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

Wall Street Analysts Forecast Growth

Separately, National Bankshares set a C$1.25 price objective on shares of Osisko Metals and gave the stock an “outperform” rating in a research report on Thursday, December 11th. Two equities research analysts have rated the stock with a Buy rating, According to MarketBeat, the stock currently has an average rating of “Buy” and a consensus target price of C$1.13.

Osisko Metals Stock Up 5.1%

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 company has a 50-day simple moving average of C$0.41 and a 200 day simple moving average of C$0.42. The company has a market cap of C$116.17 million, a P/E ratio of -14.97 and a beta of 0.97.

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.