Osisko Development (CVE:ODV) Shares Up 5.2% – Here’s Why

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

Osisko Development Trading Down 0.4 %

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

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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