Osisko Metals (CVE:OM) Price Target Raised to C$2.25

Osisko Metals (CVE:OM) had its price objective upped by investment analysts at National Bank Financial from C$2.00 to C$2.25 in a research note issued to investors on Tuesday,BayStreet.CA reports. The brokerage presently has an “outperform” rating on the stock. National Bank Financial’s price target would suggest a potential upside of 442.17% from the company’s current price.

Osisko Metals Stock Up 5.1%

Shares of OM traded up C$0.02 during trading hours on Tuesday, reaching C$0.41. The company’s stock had a trading volume of 396,648 shares, compared to its average volume of 598,992. The company has a 50 day moving average of C$0.41 and a two-hundred day moving average of C$0.41. The company has a quick ratio of 0.70, a current ratio of 1.22 and a debt-to-equity ratio of 36.22. The firm has a market cap of C$116.17 million, a price-to-earnings ratio of -14.97 and a beta of 0.97. Osisko Metals has a 1-year low of C$0.20 and a 1-year high of C$0.55.

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