Osisko Development (NYSE:ODV) Upgraded at Stifel Canada

Stifel Canada upgraded shares of Osisko Development (NYSE:ODV - Free Report) to a strong-buy rating in a research report report published on Tuesday morning,Zacks.com reports. Stifel Canada also issued estimates for Osisko Development's FY2025 earnings at ($0.26) EPS, FY2026 earnings at ($0.10) EPS and FY2027 earnings at ($0.12) EPS.

ODV has been the topic of a number of other research reports. National Bankshares reaffirmed an "outperform" rating on shares of Osisko Development in a report on Tuesday, June 24th. Royal Bank Of Canada raised Osisko Development from a "hold" rating to a "moderate buy" rating in a report on Monday, June 2nd.

Osisko Development Stock Performance

Shares of NYSE:ODV traded up $0.15 during trading on Tuesday, reaching $2.42. The company had a trading volume of 1,574,851 shares, compared to its average volume of 313,104. The firm has a market capitalization of $330.01 million, a price-to-earnings ratio of -2.95 and a beta of 0.61. The company has a debt-to-equity ratio of 0.01, a current ratio of 0.68 and a quick ratio of 0.62. The stock's fifty day moving average price is $2.05 and its 200 day moving average price is $1.70. Osisko Development has a fifty-two week low of $1.16 and a fifty-two week high of $2.75.

Osisko Development (NYSE:ODV - Get Free Report) last released its earnings results on Tuesday, May 6th. The company reported ($0.06) earnings per share (EPS) for the quarter. As a group, equities research analysts predict that Osisko Development will post -0.16 EPS for the current year.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of the business. Salem Investment Counselors Inc. acquired a new stake in Osisko Development in the second quarter valued at $30,000. Focus Partners Advisor Solutions LLC acquired a new stake in Osisko Development in the fourth quarter valued at $62,000. Pale Fire Capital SE grew its holdings in Osisko Development by 129.1% in the first quarter. Pale Fire Capital SE now owns 65,265 shares of the company's stock valued at $97,000 after purchasing an additional 36,774 shares during the last quarter. U S Global Investors Inc. acquired a new stake in Osisko Development in the first quarter valued at $149,000. Finally, Polar Asset Management Partners Inc. acquired a new stake in Osisko Development in the fourth quarter valued at $196,000. Institutional investors and hedge funds own 15.16% of the company's stock.

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.