Osisko Development (CVE:ODV) Trading Down 0.2% – Here’s Why

Osisko Development Corp. (CVE:ODV) traded down 0.2% during mid-day trading on Monday . The company traded as low as C$2.21 and last traded at C$2.26. 12,003 shares changed hands during mid-day trading, a decline of 67% from the average session volume of 36,123 shares. The stock had previously closed at C$2.27.

Osisko Development Stock Down 0.9 %

The stock has a market cap of C$230.34 million, a PE ratio of -1.06 and a beta of 1.18. The business has a 50 day moving average of C$2.39 and a 200-day moving average of C$2.68. The company has a current ratio of 0.64, a quick ratio of 2.81 and a debt-to-equity ratio of 8.45.

Osisko Development (CVE:ODV) last released its quarterly earnings results on Tuesday, November 12th. The company reported C($0.40) EPS for the quarter. Equities research analysts predict that Osisko Development Corp. will post 0.1150263 EPS for the current fiscal 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.