ODV Should I Buy
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Osisko Development Corp (ODV) is a good buy for a beginner investor with a long-term investment strategy and $50,000-$100,000 available for investment. The stock shows strong growth potential driven by positive catalysts such as significant gold discoveries, increased hedge fund buying, and bullish analyst ratings. While there are some financial challenges, the company's revenue growth and strategic partnerships indicate long-term value.
The stock's technical indicators are moderately bullish. The MACD is positive and contracting, the RSI is neutral at 50.511, and the moving averages are bullish (SMA_5 > SMA_20 > SMA_200). Key resistance levels are at 4.042 and 4.27, with support at 3.305 and 3.077. The pre-market price of 3.76 is above the pivot level of 3.674, indicating potential upward momentum.
Completion of 11,025 meters of infill drilling at the Cariboo Gold Project, with significant gold discoveries.
Partnership with JDS Energy & Mining to enhance project execution and growth.
Hedge funds are heavily buying, with a 1113.66% increase in buying activity over the last quarter.
Bullish analyst ratings with increased price targets (Stifel raised to C$10, RBC raised to C$7).
Financial challenges with negative net income (-150,282,
and EPS (-0.8).
Gross margin dropped to 32.82%, down -14.78% YoY.
In Q3 2025, the company showed strong revenue growth, increasing 2638.51% YoY to 4,409,000. However, net income remains negative at -150,282,000, though it improved by 343.78% YoY. EPS also improved to -0.8, up 100% YoY. Gross margin declined to 32.82%, down -14.78% YoY.
Analysts are bullish on the stock. Stifel raised the price target to C$10 from C$8 and maintained a Buy rating. RBC Capital raised the price target to C$7 from C$6 and maintained an Outperform rating.
