Osisko Metals Inc (CVE:OM)’s stock price reached a new 52-week low during trading on Wednesday . The company traded as low as C$0.41 and last traded at C$0.42, with a volume of 144500 shares trading hands. The stock had previously closed at C$0.41.
The stock’s 50-day moving average price is C$0.48 and its 200 day moving average price is C$0.55. The company has a market cap of $62.95 million and a P/E ratio of -12.73.
In related news, Director Robert Wares acquired 50,000 shares of the stock in a transaction dated Monday, October 21st. The shares were acquired at an average price of C$0.51 per share, for a total transaction of C$25,500.00. Following the completion of the purchase, the director now owns 17,429,118 shares in the company, valued at approximately C$8,888,850.18. In the last 90 days, insiders bought 826,500 shares of company stock worth $400,115.
Osisko Metals Company Profile (CVE:OM)
Osisko Metals Incorporated, together with its subsidiaries, engages in the acquisition, exploration, development, and evaluation of based metal properties in Canada. The company primarily explores for zinc, lead, copper, and silver deposits. The Company's flagship project is the Pine Point lead-zinc project that covers an area of 22,213 hectares located in the Northwest Territories.
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