Osisko Development (CVE:ODV) Hits New 52-Week Low at $2.53

Osisko Development Corp. (CVE:ODV)’s share price reached a new 52-week low on Friday . The company traded as low as C$2.53 and last traded at C$2.55, with a volume of 69620 shares traded. The stock had previously closed at C$2.65.

Wall Street Analysts Forecast Growth

Separately, BMO Capital Markets dropped their target price on Osisko Development from C$10.00 to C$7.00 in a research report on Monday, March 25th.

Osisko Development Price Performance

The stock has a market capitalization of C$214.25 million, a PE ratio of -1.80 and a beta of 1.09. The stock’s 50 day moving average price is C$3.01 and its 200-day moving average price is C$3.47. The company has a quick ratio of 2.81, a current ratio of 1.66 and a debt-to-equity ratio of 2.70.

Osisko Development (CVE:ODV) last issued its earnings results on Thursday, March 28th. The company reported C$0.04 EPS for the quarter. Osisko Development had a negative net margin of 247.30% and a negative return on equity of 14.28%. The business had revenue of C$6.91 million for the quarter. As a group, equities analysts forecast that Osisko Development Corp. will post 0.1899563 EPS for the current year.

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.