Osisko Development (NYSE:ODV) PT Lowered to C$16.00

Osisko Development (NYSE:ODVGet Rating) had its target price lowered by Royal Bank of Canada from C$24.00 to C$16.00 in a research note issued to investors on Tuesday, The Fly reports.

Other equities analysts have also issued research reports about the stock. Pi Financial reaffirmed a “buy” rating on shares of Osisko Development in a research note on Wednesday, June 1st. National Bank Financial decreased their price objective on shares of Osisko Development from C$15.00 to C$10.25 in a research note on Thursday, July 21st.

Osisko Development Price Performance

Osisko Development stock opened at 4.04 on Tuesday. The business has a 50 day moving average price of 5.29. Osisko Development has a 52 week low of 3.84 and a 52 week high of 16.20.

About Osisko Development

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Osisko Development Corp., a gold mining company, engages in the exploration, evaluation, and development of mining projects. The company's flagship project is the Cariboo Gold project covering an area of 2,071 square kilometers of mineral rights located in British Columbia, Canada. It also holds interest in James Bay Properties located in Québec, canada; and San Antonio Gold Project and Guerrero Properties located in Guerrero, Mexico.

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