Streetbeat News

ODV

Osisko Development Corp.

Industry

Gold

Osisko Development Corp., a gold mining company, engages in the exploration, evaluation, and development of mining projects. The company's flagship project is the Cariboo Gold project covering an area of 2,071 square kilometers of mineral rights located in British Columbia, Canada. It also holds interest in James Bay Properties located in Québec, canada; and San Antonio Gold Project and Guerrero Properties located in Guerrero, Mexico. The company is headquartered in Montreal, Canada.

Open

1.93

Mkt cap

251M

Volume

525K

High

1.94

P/E Ratio

-1.02

52-wk high

3.19

Low

1.81

Div yield

N/A

52-wk low

1.34

Osisko Development Corp. has received BC Mines Act permits for its Cariboo Gold Project, allowing the company to proceed with construction and operation. This is a significant step forward for the project located in British Columbia, Canada.

Portfolio Pulse from

November 21, 2024 | 3:00 am

Osisko Development Corp. (NYSE: ODV) reported its Q3 2024 financial results, highlighting $40.8 million in cash and cash equivalents as of September 30, 2024.

Portfolio Pulse from

November 13, 2024 | 12:15 pm

Osisko Development Corp. has successfully closed a US$57.5 million private placement of units, with significant participation from Condire Investors, LLC, which now holds an 8.8% stake in the company. This move may influence the company's governance structure.

Portfolio Pulse from

November 12, 2024 | 5:00 pm

Osisko Development Corp. announced that the Mines Act permit for its Cariboo Gold Project in British Columbia has been referred for decision. The Environmental Management Act permits review is complete, and final decisions are expected in Q4 2024.

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November 08, 2024 | 1:45 am

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Portfolio Pulse from Avi Kapoor

October 24, 2024 | 10:21 am

Osisko Development announced a $50 million marketed private placement, offering 27,778,000 units at $1.80 per unit. This move is aimed at raising capital for the company's development projects.