Osisko Metals Incorporated (CVE:OM) Director Robert Wares Acquires 50,000 Shares

Osisko Metals Incorporated (CVE:OMGet Rating) Director Robert Wares acquired 50,000 shares of the business’s stock in a transaction that occurred on Monday, May 9th. The shares were bought at an average price of C$0.49 per share, with a total value of C$24,500.00. Following the completion of the purchase, the director now owns 37,237,118 shares in the company, valued at approximately C$18,246,187.82.

Robert Wares also recently made the following trade(s):

  • On Wednesday, May 11th, Robert Wares acquired 50,000 shares of Osisko Metals stock. The shares were bought at an average price of C$0.49 per share, with a total value of C$24,500.00.
  • On Friday, May 6th, Robert Wares purchased 59,500 shares of Osisko Metals stock. The stock was acquired at an average cost of C$0.52 per share, for a total transaction of C$30,940.00.
  • On Monday, May 2nd, Robert Wares purchased 50,000 shares of Osisko Metals stock. The stock was acquired at an average cost of C$0.54 per share, for a total transaction of C$27,000.00.
  • On Friday, April 29th, Robert Wares acquired 100,000 shares of Osisko Metals stock. The shares were purchased at an average cost of C$0.55 per share, for a total transaction of C$55,000.00.
  • On Friday, February 18th, Robert Wares acquired 50,000 shares of Osisko Metals stock. The shares were purchased at an average cost of C$0.36 per share, for a total transaction of C$17,750.00.
  • On Wednesday, February 16th, Robert Wares purchased 50,000 shares of Osisko Metals stock. The shares were bought at an average price of C$0.36 per share, for a total transaction of C$17,750.00.
  • On Monday, February 14th, Robert Wares purchased 50,000 shares of Osisko Metals stock. The shares were bought at an average price of C$0.36 per share, for a total transaction of C$17,750.00.

Shares of OM traded up C$0.01 during midday trading on Friday, reaching C$0.42. 277,667 shares of the stock were exchanged, compared to its average volume of 251,375. The company has a market capitalization of C$83.76 million and a P/E ratio of -14.82. Osisko Metals Incorporated has a 52 week low of C$0.35 and a 52 week high of C$0.69. The company’s 50 day moving average is C$0.48 and its two-hundred day moving average is C$0.42.

Separately, Haywood Securities upped their price objective on Osisko Metals from C$0.75 to C$0.90 in a research report on Monday, May 2nd.

About Osisko Metals (Get Rating)

Osisko Metals Incorporated, together with its subsidiaries, engages in the exploration and evaluation of based metal properties in Canada. It explores for zinc, lead, copper, and silver deposits. The company was formerly known as Bowmore Exploration Ltd. and changed its name to Osisko Metals Incorporated in June 2017.

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