BMO Capital Markets Cuts Osisko Development (CVE:ODV) Price Target to C$6.00

Osisko Development (CVE:ODV - Get Free Report) had its target price lowered by investment analysts at BMO Capital Markets from C$7.00 to C$6.00 in a report released on Tuesday,BayStreet.CA reports. BMO Capital Markets' price objective would suggest a potential upside of 155.32% from the company's current price.

Osisko Development Stock Up 0.4 %

ODV traded up C$0.01 during trading on Tuesday, reaching C$2.35. The company had a trading volume of 62,303 shares, compared to its average volume of 70,701. The company has a market cap of C$320.96 million, a P/E ratio of -0.96 and a beta of 1.18. Osisko Development has a 12 month low of C$1.64 and a 12 month high of C$3.78. The business's fifty day moving average price is C$2.09 and its 200 day moving average price is C$2.31. The company has a debt-to-equity ratio of 1.38, a current ratio of 0.47 and a quick ratio of 2.81.

About Osisko Development

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.