200,000 Shares in Osisko Development Corp. (NYSE:ODV) Purchased by Bastion Asset Management Inc.

Bastion Asset Management Inc. bought a new position in shares of Osisko Development Corp. (NYSE:ODV - Free Report) in the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund bought 200,000 shares of the company's stock, valued at approximately $326,000. Bastion Asset Management Inc. owned 0.15% of Osisko Development as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also bought and sold shares of the stock. Virtu Financial LLC bought a new stake in shares of Osisko Development during the third quarter worth approximately $60,000. Jane Street Group LLC acquired a new position in Osisko Development in the 3rd quarter valued at $69,000. ORG Wealth Partners LLC bought a new position in Osisko Development during the 4th quarter worth $189,000. Amitell Capital Pte Ltd bought a new position in Osisko Development during the 4th quarter worth $944,000. Finally, Sprott Inc. lifted its holdings in shares of Osisko Development by 84.9% during the fourth quarter. Sprott Inc. now owns 1,466,468 shares of the company's stock worth $2,388,000 after buying an additional 673,523 shares in the last quarter. Institutional investors and hedge funds own 15.16% of the company's stock.

Osisko Development Stock Performance

Shares of ODV stock traded up $0.03 on Friday, hitting $1.97. The company's stock had a trading volume of 459,304 shares, compared to its average volume of 255,895. Osisko Development Corp. has a fifty-two week low of $1.16 and a fifty-two week high of $2.75. The company has a market capitalization of $268.48 million, a PE ratio of -1.09 and a beta of 0.47. The stock's 50 day moving average is $1.55 and its 200-day moving average is $1.62. The company has a debt-to-equity ratio of 0.01, a quick ratio of 0.43 and a current ratio of 0.47.

Osisko Development (NYSE:ODV - Get Free Report) last announced its earnings results on Tuesday, May 6th. The company reported ($0.06) earnings per share (EPS) for the quarter. Osisko Development had a negative return on equity of 11.51% and a negative net margin of 1,817.64%. Equities research analysts expect that Osisko Development Corp. will post -0.16 earnings per share for the current fiscal year.

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.