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

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

Osisko Development Stock Performance

Shares of CVE ODV opened at C$2.89 on Monday. The company has a market cap of C$242.82 million, a P/E ratio of -2.04 and a beta of 1.09. The firm’s fifty day moving average is C$3.11 and its two-hundred day moving average is C$3.67. The company has a debt-to-equity ratio of 2.70, a quick ratio of 2.81 and a current ratio of 1.66. Osisko Development has a 52-week low of C$2.54 and a 52-week high of C$7.73.

Osisko Development Company Profile

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.