Osisko Development (ODV) Set to Release Quarterly Earnings

Osisko Development (NYSE:ODV) is expected to announce its quarterly earnings on Thursday, March 27th, before the market opens. According to reports from financial analysts, the company is likely to report earnings of ($0.02) per share along with projected quarterly revenue of $0.40 million.

Stock Performance Update

As of the last trading session on Friday, shares of Osisko Development experienced a slight decline of 0.3%, dropping by $0.01 to reach a price of $1.56. During the day, 125,029 shares changed hands, which is below the average trading volume of 200,873 shares. The stock has a current 50-day moving average of $1.47 and a 200-day moving average of $1.75. Currently, the company holds a market capitalization of $212.43 million, with a P/E ratio of -0.86, a debt-to-equity ratio of 0.01, and a current ratio of 0.47. Over the past year, Osisko Development's stock has fluctuated with a low of $1.16 and a high of $2.75.

About Osisko Development

Osisko Development Corp. is engaged in the acquisition, exploration, and development of mineral properties located primarily in Canada, Mexico, and the United States. The company focuses mainly on gold, along with exploring precious and base metals. Its flagship asset is the Cariboo Gold Project, which spans approximately 155,000 hectares and comprises 415 mineral titles situated in British Columbia, Canada.

Investment Considerations

Before making any investment decisions regarding Osisko Development, it's essential for potential investors to consider current stock ratings and analysis. As it stands, analysts have given Osisko Development a Hold rating, though they indicate that there are alternative stocks currently rated higher and might present better investment opportunities. Investors are encouraged to conduct thorough research and consider various factors before investing.

This information aims to provide a comprehensive overview of Osisko Development and its projected earnings while supporting informed investment decisions.

Osisko, Earnings, Stock