Osisko Development Corp. (OTCMKTS:RNGTF – Get Free Report) shares shot up 4% during mid-day trading on Monday . The company traded as high as $2.68 and last traded at $2.60. 2,120,613 shares traded hands during mid-day trading, an increase of 4,805% from the average session volume of 43,235 shares. The stock had previously closed at $2.50.
Osisko Development Stock Up 4.6%
The stock’s fifty day moving average price is $3.06 and its 200-day moving average price is $3.45.
Osisko Development Company Profile
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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