Osisko Development (CVE:ODV) Sets New 52-Week Low – Here’s Why

Shares of Osisko Development Corp. (CVE:ODVGet Free Report) reached a new 52-week low on Wednesday . The stock traded as low as C$1.79 and last traded at C$1.80, with a volume of 344636 shares traded. The stock had previously closed at C$1.95.

Osisko Development Price Performance

The stock has a market capitalization of C$245.84 million, a price-to-earnings ratio of -0.74 and a beta of 1.18. The company has a quick ratio of 2.81, a current ratio of 0.47 and a debt-to-equity ratio of 1.38. The stock has a fifty day moving average of C$2.25 and a 200-day moving average of C$2.56.

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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