National Bank Financial Increases Osisko Metals (CVE:OM) Price Target to C$2.00

Osisko Metals (CVE:OM) had its price objective boosted by investment analysts at National Bank Financial from C$1.50 to C$2.00 in a report issued on Wednesday,BayStreet.CA reports. The firm currently has an “outperform” rating on the stock. National Bank Financial’s price objective would indicate a potential upside of 381.93% from the company’s previous close.

Separately, BMO Capital Markets set a C$175.00 price target on shares of Osisko Metals and gave the company an “outperform” rating in a research report on Thursday, February 19th. Three analysts have rated the stock with a Buy rating, Based on data from MarketBeat, Osisko Metals currently has a consensus rating of “Buy” and a consensus target price of C$59.33.

Osisko Metals Trading Up 5.1%

Shares of CVE OM opened at C$0.42 on Wednesday. Osisko Metals has a 1 year low of C$0.21 and a 1 year high of C$0.55. The stock has a market cap of C$116.17 million, a P/E ratio of -14.97 and a beta of 0.97. The firm has a 50-day moving average of C$0.41 and a 200 day moving average of C$0.41. The company has a debt-to-equity ratio of 36.22, a current ratio of 1.22 and a quick ratio of 0.70.

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.