Osisko Development Corp. (OTCMKTS:RNGTF – Get Free Report)’s share price rose 4% on Monday . The company traded as high as $2.68 and last traded at $2.60. Approximately 2,120,613 shares traded hands during mid-day trading, an increase of 4,805% from the average daily volume of 43,235 shares. The stock had previously closed at $2.50.
Osisko Development Stock Up 4.0%
The stock has a 50 day simple moving average of $3.07 and a two-hundred day simple moving average of $3.46.
About Osisko Development
Osisko Development Corp is a Canadian mineral exploration and development company focused on acquiring and advancing gold projects in stable jurisdictions across Canada.
The company was originally incorporated as Virginia Mines Inc and, following a portfolio reorganization of Osisko Gold Royalties’ development assets, adopted the Osisko Development name in early 2020. Its flagship asset is the Cariboo District Gold Project in central British Columbia, a land package exceeding 1,030 square kilometres that hosts multiple deposits and exploration targets along prolific gold-bearing structures.
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