Osisko Development (CVE:ODV) Shares Up 3.9% – Time to Buy?

Osisko Development Corp. (CVE:ODV) shares were up 3.9% during trading on Thursday . The company traded as high as C$3.53 and last traded at C$3.48. Approximately 53,723 shares traded hands during mid-day trading, a decline of 72% from the average daily volume of 189,333 shares. The stock had previously closed at C$3.35.

Osisko Development Stock Up 14.1%

The company has a quick ratio of 2.81, a current ratio of 2.37 and a debt-to-equity ratio of 15.89. The stock has a market cap of C$1.21 billion, a PE ratio of -8.10 and a beta of 2.19. The business has a 50 day moving average price of C$4.21 and a 200 day moving average price of C$4.75.

About Osisko Development

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. It also holds a portfolio of marketable securities. Osisko Development Corp. is based in Montréal, Canada.