Osisko Development (CVE:ODV) Reaches New 1-Year Low at $2.53

Osisko Development Corp. (CVE:ODV - Get Free Report)'s stock price hit a new 52-week low during mid-day trading on Friday . The company traded as low as C$2.53 and last traded at C$2.55, with a volume of 69620 shares traded. The stock had previously closed at C$2.65.

Analyst Upgrades and Downgrades

Separately, BMO Capital Markets dropped their price target on Osisko Development from C$10.00 to C$7.00 in a report on Monday, March 25th.

Osisko Development Stock Performance

The company has a market capitalization of C$214.25 million, a P/E ratio of -1.80 and a beta of 1.09. The stock's 50 day moving average price is C$3.01 and its 200 day moving average price is C$3.47. The company has a debt-to-equity ratio of 2.70, a quick ratio of 2.81 and a current ratio of 1.66.

Osisko Development (CVE:ODV - Get Free Report) last posted its earnings results on Thursday, March 28th. The company reported C$0.04 EPS for the quarter. The company had revenue of C$6.91 million during the quarter. Osisko Development had a negative net margin of 247.30% and a negative return on equity of 14.28%. As a group, equities analysts expect that Osisko Development Corp. will post 0.1899563 EPS for the current 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.

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