Skip to main content

We revisit Osisko Metals Inc. featured here in April. Although the stock went on to set a 52-week high of 72 cents in May, it subsequently headed lower into the summer. The reversal of fortunes coincided with falling U.S. inflation expectations and fears of recession. While inflation expectations are rising again, Osisko Metals stock is not. Tax-related selling has likely held it back. However, insiders bought in December, spending $1.35-million buying shares in the public market. The biggest buyer was board chairman Robert Wares.

Open this photo in gallery:

stock

Chart reflects public-market transactions of common shares or unit trusts by company officers and directors.

Ted Dixon is CEO of INK Research which provides insider news and knowledge to investors. For more background on insider reporting in Canada, visit the FAQ section at www.inkresearch.com. Securities referenced in this profile may have already appeared in recent reports distributed to INK subscribers. INK staff may also hold a position in profiled securities.

Report an editorial error

Report a technical issue

Editorial code of conduct

Tickers mentioned in this story

Study and track financial data on any traded entity: click to open the full quote page. Data updated as of 17/05/24 3:59pm EDT.

SymbolName% changeLast
OM-X
Osisko Metals Incorporated
+6.38%0.25

Follow related authors and topics

Authors and topics you follow will be added to your personal news feed in Following.

Interact with The Globe