Osisko Development (CVE:ODV - Free Report) had its target price reduced by BMO Capital Markets from C$7.00 to C$6.00 in a research report released on Tuesday morning,BayStreet.CA reports.
Osisko Development Price Performance
Shares of ODV remained flat at C$2.24 during trading hours on Tuesday. 69,959 shares of the stock traded hands, compared to its average volume of 70,012. The stock has a 50 day moving average price of C$2.11 and a two-hundred day moving average price of C$2.30. The company has a debt-to-equity ratio of 1.38, a quick ratio of 2.81 and a current ratio of 0.47. The stock has a market capitalization of C$305.94 million, a price-to-earnings ratio of -0.92 and a beta of 1.18. Osisko Development has a 52 week low of C$1.64 and a 52 week high of C$3.78.
About Osisko Development
(
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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.
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