Osisko Development (CVE:ODV) Trading 5.2% Higher – Still a Buy?

Osisko Development Corp. (CVE:ODVGet Free Report) shot up 5.2% during mid-day trading on Wednesday . The company traded as high as C$2.12 and last traded at C$2.12. 96,707 shares changed hands during mid-day trading, an increase of 55% from the average session volume of 62,410 shares. The stock had previously closed at C$2.01.

Osisko Development Stock Down 0.4 %

The stock has a market cap of C$303.21 million, a P/E ratio of -0.91 and a beta of 1.18. The stock’s fifty day simple moving average is C$2.09 and its 200-day simple moving average is C$2.45. The company has a debt-to-equity ratio of 1.38, a current ratio of 0.47 and a quick ratio of 2.81.

Osisko Development Company Profile

(Get Free Report)

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.

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