Amitell Capital Pte Ltd bought a new position in Osisko Development Corp. (NYSE:ODV - Free Report) in the 4th quarter, according to its most recent disclosure with the SEC. The firm bought 579,043 shares of the company's stock, valued at approximately $944,000. Osisko Development accounts for approximately 0.8% of Amitell Capital Pte Ltd's investment portfolio, making the stock its 25th largest holding. Amitell Capital Pte Ltd owned 0.42% of Osisko Development as of its most recent SEC filing.
A number of other large investors have also recently modified their holdings of the stock. Townsquare Capital LLC purchased a new stake in Osisko Development in the third quarter worth $34,000. Virtu Financial LLC purchased a new stake in shares of Osisko Development in the 3rd quarter worth about $60,000. Jane Street Group LLC bought a new position in shares of Osisko Development in the 3rd quarter worth about $69,000. ORG Wealth Partners LLC purchased a new position in Osisko Development during the 4th quarter valued at about $189,000. Finally, The Manufacturers Life Insurance Company purchased a new position in Osisko Development during the 3rd quarter valued at about $1,824,000. Institutional investors own 15.16% of the company's stock.
Osisko Development Stock Up 1.6 %
ODV traded up $0.03 during midday trading on Friday, reaching $1.60. The company's stock had a trading volume of 1,036,744 shares, compared to its average volume of 222,469. Osisko Development Corp. has a 1 year low of $1.16 and a 1 year high of $2.75. The stock's 50-day moving average is $1.44 and its 200-day moving average is $1.68. The firm has a market capitalization of $217.91 million, a price-to-earnings ratio of -0.88 and a beta of 0.52. The company has a current ratio of 0.47, a quick ratio of 0.43 and a debt-to-equity ratio of 0.01.
Osisko Development (NYSE:ODV - Get Free Report) last posted its quarterly earnings results on Friday, March 28th. The company reported ($0.09) earnings per share for the quarter, missing the consensus estimate of ($0.02) by ($0.07). The company had revenue of $0.40 million during the quarter, compared to analysts' expectations of $0.40 million. Osisko Development had a negative return on equity of 11.51% and a negative net margin of 1,817.64%. As a group, research analysts expect that Osisko Development Corp. will post -0.16 EPS for the current year.
Osisko Development Company Profile
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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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