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Osisko Development (CVE:ODV) Hits New 1-Year Low - Time to Sell?

Osisko Development logo with Basic Materials background

Osisko Development Corp. (CVE:ODV - Get Free Report) shares reached a new 52-week low on Wednesday . The company 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 Stock Up 1.1 %

The company has a debt-to-equity ratio of 1.38, a current ratio of 0.47 and a quick ratio of 2.81. The business's 50 day simple moving average is C$2.21 and its 200 day simple moving average is C$2.54. The company has a market capitalization of C$243.11 million, a PE ratio of -0.73 and a beta of 1.18.

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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