Analysts Issue Forecasts for CVE:ODV FY2025 Earnings

Osisko Development Corp. (CVE:ODV - Free Report) - Analysts at Stifel Canada issued their FY2025 earnings estimates for shares of Osisko Development in a research report issued to clients and investors on Tuesday, July 8th. Stifel Canada analyst R. Profiti expects that the company will post earnings per share of ($0.35) for the year. Stifel Canada has a "Strong-Buy" rating on the stock. The consensus estimate for Osisko Development's current full-year earnings is $0.12 per share. Stifel Canada also issued estimates for Osisko Development's FY2026 earnings at ($0.14) EPS and FY2027 earnings at ($0.17) EPS.

Several other research analysts also recently weighed in on ODV. BMO Capital Markets dropped their target price on shares of Osisko Development from C$7.00 to C$6.00 in a report on Tuesday, April 29th. Royal Bank Of Canada raised Osisko Development from a "hold" rating to a "moderate buy" rating and set a C$5.00 price objective for the company in a research note on Monday, June 2nd.

Osisko Development Price Performance

Shares of CVE ODV traded up C$0.19 during midday trading on Friday, reaching C$3.30. The stock had a trading volume of 154,474 shares, compared to its average volume of 73,028. The company has a market capitalization of C$450.71 million, a price-to-earnings ratio of -1.35 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 stock has a 50-day moving average of C$2.80 and a 200-day moving average of C$2.38. The company has a debt-to-equity ratio of 1.38, a quick ratio of 2.81 and a current ratio of 0.47.

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.