Osisko Development Corp. (CVE:ODV – Get Free Report) was up 5.2% on Wednesday . The stock traded as high as C$2.12 and last traded at C$2.12. Approximately 96,707 shares changed hands during mid-day 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 Stock Up 5.2 %
The firm has a market capitalization of C$288.87 million, a price-to-earnings ratio of -0.87 and a beta of 1.18. 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 firm has a 50 day moving average price of C$2.09 and a two-hundred day moving average price of C$2.45.
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.
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