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Osisko Development (CVE:ODV) Shares Up 6.3% - Here's Why

Osisko Development logo with Basic Materials background

Osisko Development Corp. (CVE:ODV - Get Free Report)'s stock price traded up 6.3% on Wednesday . The stock traded as high as C$2.13 and last traded at C$2.10. 69,984 shares changed hands during trading, an increase of 9% from the average session volume of 64,137 shares. The stock had previously closed at C$1.97.

Osisko Development Price Performance

The company has a 50-day moving average of C$2.04 and a 200-day moving average of C$2.35. The company has a debt-to-equity ratio of 1.38, a quick ratio of 2.81 and a current ratio of 0.47. The firm has a market capitalization of C$310.04 million, a price-to-earnings ratio of -0.93 and a beta of 1.18.

About Osisko Development

(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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