Analysts Offer Predictions for CVE:ODV FY2024 Earnings

Osisko Development Corp. (CVE:ODV) – Equities research analysts at National Bank Financial issued their FY2024 EPS estimates for Osisko Development in a research note issued on Tuesday, November 12th. National Bank Financial analyst D. Demarco expects that the company will post earnings per share of $0.00 for the year. The consensus estimate for Osisko Development’s current full-year earnings is $0.12 per share. National Bank Financial also issued estimates for Osisko Development’s FY2025 earnings at ($0.23) EPS and FY2026 earnings at ($0.17) EPS.

Osisko Development (CVE:ODV) last released its quarterly earnings results on Monday, August 12th. The company reported C($0.34) earnings per share for the quarter. The company had revenue of C$2.63 million for the quarter.

A number of other analysts also recently issued reports on ODV. Royal Bank of Canada decreased their price objective on shares of Osisko Development from C$6.00 to C$5.00 and set an “outperform” rating for the company in a report on Tuesday, September 10th. Ventum Financial decreased their price objective on shares of Osisko Development from C$7.50 to C$4.50 in a report on Thursday, August 29th.

Osisko Development Stock Down 5.2 %

ODV opened at C$2.01 on Friday. The company has a debt-to-equity ratio of 8.45, a current ratio of 0.64 and a quick ratio of 2.81. The company’s 50-day moving average is C$2.82 and its 200 day moving average is C$2.81. Osisko Development has a fifty-two week low of C$2.01 and a fifty-two week high of C$4.20. The firm has a market capitalization of C$198.71 million, a P/E ratio of -0.92 and a beta of 1.18.

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.