National Bank Financial Weighs in on CVE:ODV FY2024 Earnings

Osisko Development Corp. (CVE:ODV) – Investment analysts at National Bank Financial issued their FY2024 earnings estimates for shares of Osisko Development in a research report issued on Tuesday, November 12th. National Bank Financial analyst D. Demarco anticipates that the company will post earnings of $0.00 per share for the year. The consensus estimate for Osisko Development’s current full-year earnings is $0.12 per share. National Bank Financial also issued estimates for Osisko Development’s FY2025 earnings at ($0.23) EPS and FY2026 earnings at ($0.17) EPS.

ODV has been the topic of a number of other research reports. Royal Bank of Canada cut their price objective on shares of Osisko Development from C$6.00 to C$5.00 and set an “outperform” rating on the stock in a report on Tuesday, September 10th. Ventum Financial dropped their price objective on shares of Osisko Development from C$7.50 to C$4.50 in a research note on Thursday, August 29th.

Osisko Development Stock Performance

Shares of ODV stock opened at C$1.90 on Friday. Osisko Development has a 12 month low of C$1.90 and a 12 month high of C$4.20. The company has a debt-to-equity ratio of 8.45, a current ratio of 0.64 and a quick ratio of 2.81. The firm has a market capitalization of C$187.83 million, a P/E ratio of -0.87 and a beta of 1.18. The company’s fifty day moving average price is C$2.80 and its two-hundred day moving average price is C$2.81.

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.