Townsquare Capital LLC Buys Shares of 15,739 Osisko Development Corp. (NYSE:ODV)

Townsquare Capital LLC bought a new stake in shares of Osisko Development Corp. (NYSE:ODV) during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 15,739 shares of the company’s stock, valued at approximately $34,000.

Other institutional investors have also made changes to their positions in the company. Rathbones Group PLC bought a new position in shares of Osisko Development in the second quarter worth about $34,000. Bayshore Asset Management LLC bought a new position in shares of Osisko Development in the third quarter worth about $82,000. Finally, The Manufacturers Life Insurance Company bought a new position in shares of Osisko Development in the third quarter worth about $1,824,000. 15.16% of the stock is currently owned by institutional investors.

Osisko Development Trading Down 2.1 %

Osisko Development stock opened at $1.85 on Monday. The company has a debt-to-equity ratio of 0.01, a quick ratio of 0.43 and a current ratio of 0.47. The business’s 50-day simple moving average is $1.91 and its 200-day simple moving average is $2.02. The firm has a market capitalization of $252.67 million, a PE ratio of -1.02 and a beta of 0.66. Osisko Development Corp. has a 52 week low of $1.34 and a 52 week high of $3.19.

About Osisko Development

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.