Stifel Canada upgraded shares of Osisko Development (NYSE:ODV - Free Report) to a strong-buy rating in a research note published on Tuesday,Zacks.com reports.
Other equities analysts also recently issued reports about the company. Royal Bank Of Canada upgraded Osisko Development from a "hold" rating to a "moderate buy" rating in a research note on Monday, June 2nd. National Bankshares reissued an "outperform" rating on shares of Osisko Development in a report on Tuesday, June 24th.
Check Out Our Latest Report on ODV
Osisko Development Stock Performance
ODV traded up $0.08 during midday trading on Tuesday, hitting $2.27. 567,940 shares of the company traded hands, compared to its average volume of 307,354. The company's 50-day moving average is $2.02 and its 200 day moving average is $1.70. The company has a debt-to-equity ratio of 0.01, a current ratio of 0.68 and a quick ratio of 0.62. Osisko Development has a 52 week low of $1.16 and a 52 week high of $2.75.
Osisko Development (NYSE:ODV - Get Free Report) last issued its quarterly earnings data on Tuesday, May 6th. The company reported ($0.06) earnings per share for the quarter. Sell-side analysts predict that Osisko Development will post -0.16 earnings per share for the current year.
Institutional Trading of Osisko Development
A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Salem Investment Counselors Inc. purchased a new stake in shares of Osisko Development in the 2nd quarter worth $30,000. Pale Fire Capital SE increased its position in Osisko Development by 129.1% in the first quarter. Pale Fire Capital SE now owns 65,265 shares of the company's stock worth $97,000 after buying an additional 36,774 shares in the last quarter. Focus Partners Advisor Solutions LLC purchased a new stake in Osisko Development in the fourth quarter worth about $62,000. U S Global Investors Inc. bought a new position in shares of Osisko Development in the first quarter worth about $149,000. Finally, Polar Asset Management Partners Inc. purchased a new position in shares of Osisko Development during the 4th quarter valued at about $196,000. 15.16% of the stock is owned by hedge funds and other institutional investors.
Osisko Development Company Profile
(
Get Free Report)
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.
Further Reading
Before you consider Osisko Development, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Osisko Development wasn't on the list.
While Osisko Development currently has a Strong Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Nuclear energy stocks are roaring. It's the hottest energy sector of the year. Cameco Corp, Paladin Energy, and BWX Technologies were all up more than 40% in 2024. The biggest market moves could still be ahead of us, and there are seven nuclear energy stocks that could rise much higher in the next several months. To unlock these tickers, enter your email address below.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
