849,916 Shares in Osisko Development Corp. (NYSE:ODV) Acquired by The Manufacturers Life Insurance Company

The Manufacturers Life Insurance Company purchased a new stake in shares of Osisko Development Corp. (NYSE:ODV) during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm purchased 849,916 shares of the company’s stock, valued at approximately $1,824,000.

Separately, Rathbones Group PLC acquired a new position in shares of Osisko Development during the second quarter worth approximately $34,000. 15.16% of the stock is currently owned by hedge funds and other institutional investors.

Osisko Development Trading Up 1.1 %

Shares of ODV stock opened at $1.87 on Tuesday. The company has a current ratio of 0.47, a quick ratio of 0.43 and a debt-to-equity ratio of 0.01. Osisko Development Corp. has a 1 year low of $1.34 and a 1 year high of $3.19. The firm’s fifty day simple moving average is $1.91 and its 200 day simple moving average is $2.02. The firm has a market capitalization of $255.40 million, a P/E ratio of -1.02 and a beta of 0.66.

Osisko Development Company Profile

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.