Osisko Development (CVE:ODV) Price Target Cut to C$7.50 by Analysts at Ventum Financial

Osisko Development (CVE:ODV) had its price objective decreased by Ventum Financial from C$8.00 to C$7.50 in a research note released on Tuesday, BayStreet.CA reports.

Separately, BMO Capital Markets cut their target price on Osisko Development from C$10.00 to C$7.00 in a research note on Monday, March 25th.

Osisko Development Price Performance

Osisko Development stock opened at C$2.77 on Tuesday. The business’s 50-day simple moving average is C$2.93 and its 200 day simple moving average is C$3.27. The stock has a market cap of C$233.10 million, a price-to-earnings ratio of -1.39 and a beta of 1.09. Osisko Development has a 12-month low of C$2.32 and a 12-month high of C$6.36. The company has a quick ratio of 2.81, a current ratio of 0.85 and a debt-to-equity ratio of 8.42.

Osisko Development (CVE:ODV) last posted its quarterly earnings results on Monday, May 6th. The company reported C($0.03) earnings per share (EPS) for the quarter. The company had revenue of C$1.77 million during the quarter. As a group, research analysts anticipate that Osisko Development will post 0.1900062 earnings per share for the current year.

Osisko Development Company Profile

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.