Osisko Development (CVE:ODV) Reaches New 12-Month Low – What’s Next?

Osisko Development Corp. (CVE:ODVGet Free Report) shares hit a new 52-week low on Wednesday . The stock traded as low as C$1.79 and last traded at C$1.80, with a volume of 344636 shares. The stock had previously closed at C$1.95.

Osisko Development Stock Performance

The company has a market capitalization of C$245.84 million, a price-to-earnings ratio of -0.74 and a beta of 1.18. The stock’s fifty day simple moving average is C$2.25 and its 200-day simple moving average is C$2.56. The company has a current ratio of 0.47, a quick ratio of 2.81 and a debt-to-equity ratio of 1.38.

About Osisko Development

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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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