National Bank Financial Comments on CVE:ODV FY2024 Earnings

Osisko Development Corp. (CVE:ODV) – Equities researchers at National Bank Financial issued their FY2024 earnings per share (EPS) estimates for shares of Osisko Development in a report released 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 subject of several other reports. Royal Bank of Canada lowered their target price on shares of Osisko Development from C$6.00 to C$5.00 and set an “outperform” rating for the company in a research note on Tuesday, September 10th. Ventum Financial lowered their target price on shares of Osisko Development from C$7.50 to C$4.50 in a research note on Thursday, August 29th.

Osisko Development Stock Down 5.5 %

ODV stock opened at C$1.90 on Friday. The stock has a market capitalization of C$187.83 million, a P/E ratio of -0.87 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. Osisko Development has a one year low of C$1.90 and a one year high of C$4.20. The company has a 50 day moving average price of C$2.80 and a two-hundred day moving average price of C$2.81.

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.