Osisko Development (CVE:ODV) Trading Down 2.9%

Osisko Development Corp. (CVE:ODV)’s stock price dropped 2.9% on Friday . The stock traded as low as C$3.05 and last traded at C$3.05. Approximately 7,748 shares were traded during trading, a decline of 79% from the average daily volume of 37,050 shares. The stock had previously closed at C$3.14.

Analyst Upgrades and Downgrades

ODV has been the topic of several recent analyst reports. Ventum Financial lowered their price target on Osisko Development from C$8.00 to C$7.50 in a research report on Tuesday, May 28th. Eight Capital decreased their target price on Osisko Development from C$11.00 to C$9.00 in a report on Thursday, July 11th.

Osisko Development Trading Down 2.9 %

The business has a 50 day moving average of C$2.78 and a two-hundred day moving average of C$2.90. The company has a current ratio of 0.64, a quick ratio of 2.81 and a debt-to-equity ratio of 8.45. The firm has a market cap of C$260.59 million, a P/E ratio of -1.39 and a beta of 1.16.

Osisko Development Company Profile

Osisko Development Corp. acquires, explores, and develops mineral properties in Canada, Mexico, and the United States. It explores for gold; and precious and base metals. The company's flagship asset is the Cariboo Gold Project covering an area of approximately 155,000 hectares consisting of 415 mineral titles located in British Columbia, Canada.