Osisko Development Corp. (CVE:ODV - Get Free Report) shares dropped 1.1% during trading on Friday . The stock traded as low as C$2.55 and last traded at C$2.58. Approximately 14,907 shares changed hands during trading, a decline of 78% from the average daily volume of 69,175 shares. The stock had previously closed at C$2.61.
Wall Street Analyst Weigh In
Separately, BMO Capital Markets cut their price target on Osisko Development from C$7.00 to C$6.00 in a research report on Tuesday, April 29th.
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Osisko Development Stock Performance
The company has a market cap of C$345.55 million, a price-to-earnings ratio of -1.04 and a beta of 1.18. The company has a quick ratio of 2.81, a current ratio of 0.47 and a debt-to-equity ratio of 1.38. The firm has a 50-day simple moving average of C$2.35 and a 200 day simple moving average of C$2.28.
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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