Osisko Development (CVE:ODV) Rating Increased to Strong-Buy at Stifel Canada

Osisko Development (CVE:ODV - Get Free Report) was upgraded by equities researchers at Stifel Canada to a "strong-buy" rating in a report released on Tuesday,Zacks.com reports. Stifel Canada also issued estimates for Osisko Development's FY2025 earnings at ($0.35) EPS, FY2026 earnings at ($0.14) EPS and FY2027 earnings at ($0.17) EPS.

Several other analysts have also issued reports on ODV. Royal Bank Of Canada upgraded Osisko Development from a "hold" rating to a "moderate buy" rating and set a C$5.00 target price on the stock in a report on Monday, June 2nd. BMO Capital Markets lowered their target price on Osisko Development from C$7.00 to C$6.00 in a research note on Tuesday, April 29th.

Osisko Development Stock Up 6.1%

Shares of Osisko Development stock traded up C$0.19 during trading on Tuesday, 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. The stock has a fifty day moving average price of C$2.80 and a two-hundred day moving average price of C$2.38. Osisko Development has a 52 week low of C$1.64 and a 52 week high of C$3.78. The company has a current ratio of 0.47, a quick ratio of 2.81 and a debt-to-equity ratio of 1.38.

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.