Osisko Development (CVE:ODV) Shares Down 4%

Shares of Osisko Development Corp. (CVE:ODV) fell 4% during trading on Monday . The stock traded as low as C$3.13 and last traded at C$3.14. 11,495 shares traded hands during trading, a decline of 65% from the average session volume of 33,038 shares. The stock had previously closed at C$3.27.

Wall Street Analysts Forecast Growth

Separately, BMO Capital Markets dropped their target price on shares of Osisko Development from C$10.00 to C$7.00 in a research report on Monday, March 25th.

Osisko Development Trading Up 7.5 %

The company’s 50-day moving average price is C$3.04 and its 200-day moving average price is C$3.60. The firm has a market cap of C$265.50 million, a price-to-earnings ratio of -2.10 and a beta of 1.09. The company has a quick ratio of 2.81, a current ratio of 1.66 and a debt-to-equity ratio of 2.70.

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.