National Bankshares Forecasts Strong Price Appreciation for Osisko Metals (CVE:OM) Stock

Osisko Metals (CVE:OM) had its price objective upped by stock analysts at National Bankshares from C$1.25 to C$1.50 in a note issued to investors on Thursday,BayStreet.CA reports. National Bankshares’ price target suggests a potential upside of 261.45% from the stock’s current price.

Osisko Metals Trading Up 5.1%

Shares of CVE OM opened at C$0.42 on Thursday. Osisko Metals has a one year low of C$0.21 and a one year high of C$0.55. 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 firm has a market capitalization of C$116.17 million, a PE ratio of -14.97 and a beta of 0.97. The business has a 50-day moving average price of C$0.41 and a two-hundred day moving average price of C$0.42.

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.