Osisko Development (CVE:ODV) Sets New 52-Week High After Analyst Upgrade

by · The Markets Daily

Osisko Development Corp. (CVE:ODV – Get Free Report) shares reached a new 52-week high during mid-day trading on Thursday after Royal Bank Of Canada raised their price target on the stock from C$7.00 to C$9.00. The stock traded as high as C$5.53 and last traded at C$5.51, with a volume of 109863 shares. The stock had previously closed at C$5.10.

Osisko Development Trading Up 8.0%

The stock has a market capitalization of C$1.41 billion, a PE ratio of -3.40 and a beta of 1.94. The company has a current ratio of 0.47, a quick ratio of 2.81 and a debt-to-equity ratio of 1.38. The business’s 50-day moving average is C$4.69 and its two-hundred day moving average is C$3.87.

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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