Osisko Development (CVE:ODV) Stock Price Up 6.3% – Time to Buy?

Osisko Development Corp. (CVE:ODVGet Free Report) shares traded up 6.3% during mid-day trading on Wednesday . The stock traded as high as C$2.13 and last traded at C$2.10. 69,984 shares traded 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 Trading Up 1.8 %

The stock has a market cap of C$303.21 million, a price-to-earnings ratio of -0.91 and a beta of 1.18. 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 company’s fifty day moving average price is C$2.04 and its 200-day moving average price is C$2.36.

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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