Osisko Development (CVE:ODV) Stock Price Down 3.7% – Here’s Why

Shares of Osisko Development Corp. (CVE:ODVGet Free Report) traded down 3.7% during mid-day trading on Tuesday . The stock traded as low as C$2.06 and last traded at C$2.07. 72,666 shares were traded during trading, an increase of 59% from the average session volume of 45,626 shares. The stock had previously closed at C$2.15.

Osisko Development Price Performance

The company has a market cap of C$204.64 million, a P/E ratio of -0.95 and a beta of 1.18. The business’s fifty day moving average is C$2.36 and its 200 day moving average is C$2.61. The company has a current ratio of 0.64, a quick ratio of 2.81 and a debt-to-equity ratio of 8.45.

Osisko Development (CVE:ODVGet Free Report) last issued its quarterly earnings data on Tuesday, November 12th. The company reported C($0.40) earnings per share (EPS) for the quarter. As a group, sell-side analysts anticipate that Osisko Development Corp. will post 0.1150263 EPS for the current year.

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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