Osisko Development (CVE:ODV) Shares Down 0.2% – Time to Sell?

Osisko Development Corp. (CVE:ODVGet Free Report) shares were down 0.2% during mid-day trading on Monday . The stock traded as low as C$2.21 and last traded at C$2.26. Approximately 12,003 shares traded hands during trading, a decline of 67% from the average daily volume of 36,123 shares. The stock had previously closed at C$2.27.

Osisko Development Stock Performance

The business’s fifty day moving average price is C$2.39 and its 200-day moving average price is C$2.68. The stock has a market cap of C$223.42 million, a PE ratio of -1.03 and a beta of 1.18. The company has a debt-to-equity ratio of 8.45, a quick ratio of 2.81 and a current ratio of 0.64.

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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