BMO Capital Markets Trims Osisko Development (CVE:ODV) Target Price to C$7.00

Osisko Development (CVE:ODV) had its price target trimmed by BMO Capital Markets from C$10.00 to C$7.00 in a report issued on Monday, BayStreet.CA reports.

Osisko Development Stock Performance

Osisko Development stock opened at C$2.93 on Monday. The firm’s 50 day simple moving average is C$3.12 and its 200 day simple moving average is C$3.68. The company has a current ratio of 1.66, a quick ratio of 2.81 and a debt-to-equity ratio of 2.70. The firm has a market capitalization of C$246.18 million, a PE ratio of -2.06 and a beta of 1.09. Osisko Development has a 1-year low of C$2.54 and a 1-year high of C$7.73.

About Osisko Development

Osisko Development Corp., a gold development company, engages in the acquisition, exploration, and development of precious metals resource properties in North America. The company's flagship asset is the Cariboo Gold Project covering an area of 155,089 hectares consisting of 415 mineral titles located in British Columbia, Canada.