NYSE:ODV

Osisko Development (ODV) Stock Forecast, Price & News

$2.94

-0.11 (-3.61%)

(As of 09/29/2023 ET)

Compare

Today's Range: $2.82
▼
$3.27
50-Day Range: $2.56
▼
$4.34
52-Week Range: $2.48
▼
$6.25

Volume: 88,382 shs
Average Volume: 91,157 shs
Market Capitalization: $247.02 million

P/E Ratio: N/A
Dividend Yield: N/A
Price Target: $8.50

Osisko Development MarketRank™ Forecast

Analyst Rating: Moderate Buy
2.50 Rating Score
Upside/Downside: 189.1% Upside
$8.50 Price Target
Short Interest: Healthy
0.10% of Float Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: -0.23
Based on 2 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: 246.15%
From $0.26 to $0.90 Per Share

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.21 out of 5 stars

Basic Materials Sector

99th out of 168 stocks

Gold & Silver Ores Industry

19th out of 35 stocks

3.3

Analyst's Opinion

Consensus Rating
Osisko Development has received a consensus rating of Moderate Buy. The company's average rating score is 2.50, and is based on 1 buy rating, 1 hold rating, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $8.50, Osisko Development has a forecasted upside of 189.1% from its current price of $2.94.
Amount of Analyst Coverage
Osisko Development has only been the subject of 1 research reports in the past 90 days.

3.0

Short Interest

Percentage of Shares Shorted
0.10% of the float of Osisko Development has been sold short.
Short Interest Ratio / Days to Cover
Osisko Development has a short interest ratio ("days to cover") of 0.6, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in Osisko Development has recently increased by 35.00%, indicating that investor sentiment is decreasing significantly.

0.0

Dividend Strength

Dividend Yield
Osisko Development does not currently pay a dividend.
Dividend Growth
Osisko Development does not have a long track record of dividend growth.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for ODV.

2.1

News and Social Media Coverage

News Sentiment
Osisko Development has a news sentiment score of -0.23. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.34 average news sentiment score of Basic Materials companies.
News Coverage This Week
MarketBeat has tracked 2 news articles for Osisko Development this week, compared to 1 article on an average week.
Search Interest
2 people have searched for ODV on MarketBeat in the last 30 days. This is an increase of 100% compared to the previous 30 days.
MarketBeat Follows
2 people have added Osisko Development to their MarketBeat watchlist in the last 30 days.

0.0

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Osisko Development insiders have not sold or bought any company stock.
Percentage Held by Insiders
Only 0.90% of the stock of Osisko Development is held by insiders.
Percentage Held by Institutions
Only 10.19% of the stock of Osisko Development is held by institutions.

2.5

Earnings and Valuation

Earnings Growth
Earnings for Osisko Development are expected to grow by 246.15% in the coming year, from $0.26 to $0.90 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Osisko Development is -1.46, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Ratio vs. Sector
The P/E ratio of Osisko Development is -1.46, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Book Value per Share Ratio
Osisko Development has a P/B Ratio of 0.40. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About Osisko Development (NYSE:ODV) Stock

Osisko Development Corp., a gold development company, engages in the acquisition, exploration, and development of precious metals resource properties in North America. The company's flagship asset is the Cariboo Gold Project covering an area of 155,089 hectares consisting of 415 mineral titles located in British Columbia, Canada. It also holds a portfolio of marketable securities. The company is based in Montreal, Canada.

ODV Price History

30 days | 90 days | 365 days | Advanced Chart

ODV Stock News Headlines

September 29, 2023 | finance.yahoo.com

This Osisko Development Insider Increased Their Holding By 222% Last Year

August 1, 2023 | juniorminingnetwork.com

Perseverance Metals Enters into Option Agreement with Altius Minerals and Bitterroot Resources to Acquire Voyageur Nickel Project in Michigan, USA

September 30, 2023 | Stansberry Research (Ad)

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July 25, 2023 | seekingalpha.com

Osisko Development: Portfolio Lacks Of Bite, But Upside Potential (Rating Upgrade)

July 19, 2023 | finanznachrichten.de

Osisko Mining Inc.: Osisko Mining Corporate Update

July 18, 2023 | finance.yahoo.com

Osisko Development Intercepts 65 Grams Per Tonne Gold Over 4.57 Meters in Underground Drilling at Trixie, Tintic Project

July 17, 2023 | finance.yahoo.com

Osisko Metals Announces Successful Closing of Previously-Announced Acquisition of the Gaspé Copper Project

July 6, 2023 | finanznachrichten.de

Osisko Development Corp.: Osisko Development Completes Deferred Payment Installment in Connection With the Tintic Acquisition

September 30, 2023 | Stansberry Research (Ad)

New gold-backed currency could kill the Dollar

July 5, 2023 | juniorminingnetwork.com

Nicola Mining Ships Concentrate Produced Jointly with Osisko Development and Commences Joint Exploration Preparations with UBC

July 5, 2023 | benzinga.com

Osisko Announces Appointment of Paul Martin as Interim CEO

June 27, 2023 | finance.yahoo.com

Osisko Development Reports Underground Sampling Results at Trixie, Tintic Project

June 27, 2023 | finance.yahoo.com

Osisko Development Reports Underground Sampling Results at Trixie, Tintic Project

June 7, 2023 | finance.yahoo.com

Investors in Osisko Development (CVE:ODV) have unfortunately lost 27% over the last year

May 25, 2023 | theglobeandmail.com

Closing Bell: Osisko Development Corp down on Thursday (ODV)

May 18, 2023 | finanznachrichten.de

Osisko Development Corp.: Osisko Development Reports Exploration Results at Trixie and Outlines 2023 Drill Program at Tintic Project

May 17, 2023 | finance.yahoo.com

Osisko Development Reports Exploration Results at Trixie and Outlines 2023 Drill Program at Tintic Project

May 10, 2023 | marketwatch.com

2023 Drill Program Commences at Quesnelle Gold Quartz Mine Property

May 10, 2023 | finanznachrichten.de

Osisko Development Corp.: Osisko Development Reports First Quarter 2023 Results

May 9, 2023 | benzinga.com

Osisko Development Reports First Quarter 2023 Results

May 8, 2023 | finance.yahoo.com

Osisko Development Announces Signing of Process Charter and Joint Information Requirements Table for Cariboo Gold Project

May 4, 2023 | finance.yahoo.com

Osisko Development Reports 2022 Drill Results at Trixie, Including: 53.27 g/t Au and 90.24 g/t Ag over 2.44 m and 36.81 g/t Au and 30.89 g/t Ag over 3.35 m

April 28, 2023 | theglobeandmail.com

Closing Bell: Osisko Development Corp up on Friday (ODV)

April 22, 2023 | finance.yahoo.com

A Osisko Development Corp. (CVE:ODV) insider increased their holdings by 222% last year

April 10, 2023 | theglobeandmail.com

Closing Bell: Osisko Development Corp up on Monday (ODV)

April 3, 2023 | finance.yahoo.com

Osisko Development Reports 2022 Drill Results at Trixie, Including: 28.72 g/t Au and 404 g/t Ag over 6.25 m and 27.26 g/t Au and 96.98 g/t Ag over 4.57 m

March 24, 2023 | financialpost.com

Osisko Development Reports Fourth Quarter and Year-End 2022 Results

See More Headlines

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ODV Company Calendar

Last Earnings: 8/08/2023
Today: 9/30/2023
Next Earnings (Estimated): 11/08/2023
Fiscal Year End: 12/31/2023

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Industry, Sector and Symbol

Stock Exchange: NYSE
Industry: Gold & silver ores
Sub-Industry: N/A
Sector: Basic Materials
Current Symbol: NYSE:ODV
CUSIP: N/A
CIK: 1431852
Web: osiskodev.com
Phone: (514) 940-0685
Fax: N/A
Employees: N/A
Year Founded: N/A

Price Target and Rating

Average Stock Price Forecast: $8.50
High Stock Price Forecast: $8.50
Low Stock Price Forecast: $8.50
Forecasted Upside/Downside: +189.1%
Consensus Rating: Moderate Buy
Rating Score (0-4): 2.50
Research Coverage: 2 Analysts

Profitability

EPS (Most Recent Fiscal Year): ($2.02)
Trailing P/E Ratio: N/A
Forward P/E Ratio: 11.31
P/E Growth: N/A
Net Income: $-148,040,000.00
Net Margins: -365.58%
Pretax Margin: -297.84%
Return on Equity: -27.99%
Return on Assets: -21.04%

Debt

Debt-to-Equity Ratio: 0.01
Current Ratio: 2.08
Quick Ratio: 1.81

Sales & Book Value

Annual Sales: $49.26 million
Price / Sales: 5.01
Cash Flow: N/A
Price / Cash Flow: N/A
Book Value: $7.43 per share
Price / Book: 0.40

Miscellaneous

Outstanding Shares: 84,020,000
Free Float: 83,268,000
Market Cap: $247.02 million
Optionable: Not Optionable
Beta: 1.10

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Key Executives

Mr. Sean E. O. Roosen Eng. (Age 60)
Non-Independent Chairman & CEO
Comp: $735.27k

Mr. Chris Andrea Lodder
Pres

Mr. Alexander Dann BBA (Age 57)
C.A., CPA, CA, CPA, CFO & VP of Fin.
Comp: $462.68k

Mr. Luc Lessard B.A.Sc. (Age 59)
Eng., Chief Operating Officer
Comp: $495.21k

Mr. FranCois Vezina Eng.
M.B.A., Sr. VP of Project Devel., Technical Services & Environment

Mr. Eric Joseph-Luc Tremblay P. Eng (Age 53)
Sr. Operations Mang. & Non-Independent Director
Comp: $458.77k

Mr. Philip Rabenok
Director of Investor Relations

Mr. Laurence Farmer
Gen. Counsel, VP of Strategic Devel. & Corp. Sec.

Ms. Maggie Layman
VP of Exploration

Mr. Christian Andrew Gary Pharness
VP of Sustainable Devel.

Key Competitors

View All Competitors

Institutional Ownership

View All Institutional Transactions

ODV Stock - Frequently Asked Questions

Should I buy or sell Osisko Development stock right now?: 2 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Osisko Development in the last twelve months. There are currently 1 hold rating and 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" ODV shares.
View ODV analyst ratings or view top-rated stocks.
What is Osisko Development's stock price forecast for 2023?: 2 brokerages have issued 1 year price objectives for Osisko Development's stock. Their ODV share price forecasts range from $8.50 to $8.50. On average, they anticipate the company's stock price to reach $8.50 in the next twelve months. This suggests a possible upside of 189.1% from the stock's current price.
View analysts price targets for ODV or view top-rated stocks among Wall Street analysts.
How have ODV shares performed in 2023?: Osisko Development's stock was trading at $4.30 on January 1st, 2023. Since then, ODV shares have decreased by 31.6% and is now trading at $2.94.
View the best growth stocks for 2023 here.
Are investors shorting Osisko Development?: Osisko Development saw a increase in short interest in the month of September. As of September 15th, there was short interest totaling 40,500 shares, an increase of 35.0% from the August 31st total of 30,000 shares. Based on an average daily trading volume, of 68,500 shares, the short-interest ratio is currently 0.6 days. Currently, 0.1% of the company's shares are short sold.
View Osisko Development's Short Interest.
When is Osisko Development's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Wednesday, November 8th 2023.
View our ODV earnings forecast.
How were Osisko Development's earnings last quarter?: Osisko Development Corp. (NYSE:ODV) released its quarterly earnings results on Tuesday, August, 8th. The company reported ($0.12) earnings per share for the quarter. The business had revenue of $8.08 million for the quarter, compared to the consensus estimate of $9 million. Osisko Development had a negative trailing twelve-month return on equity of 27.99% and a negative net margin of 365.58%.

When did Osisko Development's stock split?: Osisko Development's stock reverse split on the morning of Wednesday, May 4th 2022. The 1-3 reverse split was announced on Wednesday, May 4th 2022. The number of shares owned by shareholders was adjusted after the closing bell on Wednesday, May 4th 2022. An investor that had 100 shares of stock prior to the reverse split would have 33 shares after the split.
What is Osisko Development's stock symbol?: Osisko Development trades on the New York Stock Exchange (NYSE) under the ticker symbol "ODV."
How do I buy shares of Osisko Development?: Shares of ODV stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.
What is Osisko Development's stock price today?: One share of ODV stock can currently be purchased for approximately $2.94.
How much money does Osisko Development make?: Osisko Development (NYSE:ODV) has a market capitalization of $247.02 million and generates $49.26 million in revenue each year. The company earns $-148,040,000.00 in net income (profit) each year or ($2.02) on an earnings per share basis.
How can I contact Osisko Development?: The official website for the company is osiskodev.com. The company can be reached via phone at (514) 940-0685 or via email at ir@osiskodev.com.

This page (NYSE:ODV) was last updated on 9/30/2023 by MarketBeat.com Staff

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