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ODV Overview

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$
0.000
0.000(0.000%)
At close
0.000(0.000%)Aft-market
ET
$
0.000
0.000(0.000%)
At close
0.000(0.000%)Aft-market
ET
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Intellectia

Loading chart...

High
2.800
Open
2.710
VWAP
2.72
Vol
136.88K
Mkt Cap
853.22M
Low
2.665
Amount
372.01K
EV/EBITDA(TTM)
--
Total Shares
304.72M
EV
737.90M
EV/OCF(TTM)
--
P/S(TTM)
22.70
Osisko Development Corp. is a continental North American gold development company focused on past-producing mining camps. Its projects include Cariboo Gold Project and Tintic Project. The Cariboo Gold Project is a 100% owned gold and silver project covers an area of over 192,000 hectares (ha) land package and it is located in British Columbia, Canada. The Tintic Project is an exploration and development stage precious and base metal property, located in western Utah County, 95 south of Salt Lake City. The Tintic Project encompasses the East Tintic District with 23 past-producing mines and includes the Trixie gold deposit, one of several gold and base metal targets, including porphyry, epithermal and carbonate targets within the project boundaries. Its James Bay Properties cover approximately 86,000 ha in northern Quebec Canada. Its exploration metals include lithium and precious metals.
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Events Timeline

(ET)
2026-05-21
12:00:00
Nasdaq Declines as Nvidia Announces $80B Buyback
select
2026-05-20 (ET)
2026-05-20
16:10:00
Osisko Development Plans to Offer $225M Convertible Senior Notes
select
2026-03-09 (ET)
2026-03-09
07:10:00
Osisko Development Secures Approximately C$24.9M from Warrant Exercise
select
2026-03-02 (ET)
2026-03-02
09:30:00
Osisko Development Resumes Site Activities at Cariboo Gold Project
select
2026-02-09 (ET)
2026-02-09
07:20:00
Osisko Development Signs Project Management Agreement with JDS
select
2026-01-26 (ET)
2026-01-26
17:30:00
Osisko Development Signs Agreement to Sell 35.31M Shares for $125M
select

News

NASDAQ.COM
2.0
05-27NASDAQ.COM
Precious Metals Shares Lagging on Wednesday
  • Market Decline: Precious metals shares fell approximately 2% on Wednesday, indicating a weakening market confidence in this sector, which could impact short-term investor decisions.
  • Stock Drag: Both Osisko Development and US Gold saw declines of about 4.1%, with their poor performance directly contributing to the overall weakness in the precious metals sector, reflecting potential issues within the industry.
  • Industry Trends: The decline in precious metals stocks contrasts with the relatively strong performance of the semiconductor sector on the same day, potentially leading to a reallocation of funds that could further pressure precious metals shares.
  • Investor Sentiment: The ongoing decline in precious metals stocks may prompt investors to reassess their allocations within their portfolios, especially in the context of increasing market volatility, potentially leading to broader market adjustments.
Newsfilter
8.5
05-26Newsfilter
Osisko Development Closes $225 Million Convertible Notes Offering
  • Capital Raise and Use: Osisko Development successfully closed a $225 million offering of 4.125% convertible senior notes, with estimated net proceeds of approximately $215.9 million intended for the development of the Cariboo Gold Project and general corporate purposes, reflecting the company's confidence in future projects and financial flexibility.
  • Initial Purchasers' Option: The offering includes an option for initial purchasers to buy an additional $25 million in notes within 13 days, providing the company with potential for further financing and enhancing market confidence in its capital structure.
  • Conversion Rate and Premium: The initial conversion rate is set at 272.1088 common shares per $1,000 principal amount of notes, translating to a conversion price of approximately $3.68 per share, which represents a 25% premium over the last reported price of $2.94 on May 20, indicating market expectations for future stock price appreciation.
  • Compliance and Risk Advisory: The notes and any common shares issued upon conversion are not registered under U.S. securities laws and are subject to restrictions in Canada, highlighting the company's awareness of compliance and risk management in capital market operations, ensuring investors are informed of potential market risks.
NASDAQ.COM
8.5
05-21NASDAQ.COM
Osisko Development Corp. Prices $275 Million Convertible Notes Offering
  • Financing Size: Osisko Development Corp. announced a $275 million offering of 4.125% convertible senior notes, expecting net proceeds of approximately $215.9 million, or $240 million if the option is fully exercised, with funds allocated for the Cariboo Gold Project development and general corporate purposes.
  • Conversion Premium: The notes feature a 25% conversion premium with an initial conversion price of $5.88 per share, representing a 100% premium over the last reported NYSE price of $2.94 on May 20, indicating the company's confidence in future stock price appreciation.
  • Market Reaction: In pre-market trading, Osisko Development's stock fell by 15.56% to $2.47, reflecting cautious market sentiment regarding the financing, which may impact investor expectations for the company's future growth.
  • Investor Participation: Double Zero Capital, LP agreed to purchase $50 million of affiliate notes, demonstrating institutional investor interest in the offering, while initial purchasers were granted an option to buy an additional $25 million, enhancing the financing's flexibility.
Newsfilter
8.5
05-21Newsfilter
Osisko Development Raises $275 Million in Convertible Notes for Gold Project
  • Financing Size: Osisko Development Corp. announced the issuance of $275 million in convertible senior notes at a 4.125% interest rate, expected to close on May 26, 2026, with proceeds aimed at developing the Cariboo Gold Project and general corporate purposes.
  • Conversion Premium: The notes feature a conversion premium of approximately 25% over the last reported sale price of $2.94 on May 20, 2026, indicating the company's confidence in future stock price appreciation, which may attract more investor participation.
  • Use of Proceeds: The net proceeds from this offering are estimated to be around $215.9 million, allocated to cover approximately $36.9 million in capped call transaction costs and to support further development of the Cariboo Gold Project, enhancing the company's competitive position in the market.
  • Market Reaction: This bond issuance could influence Osisko's stock price volatility, particularly during the conversion period, as market expectations regarding its stock price will directly impact investor decisions, thereby affecting the company's financing capabilities and future strategic direction.
seekingalpha
8.5
05-20seekingalpha
Osisko Development Plans $225M Convertible Notes Offering
  • Financing Plan: Osisko Development plans to offer $225 million of convertible senior notes due in 2031 through a private placement, indicating a significant capital market financing need for the company.
  • Additional Purchase Option: Initial purchasers will have the option to buy an additional $25 million of notes within 13 days of issuance, which may attract more investor participation and enhance the likelihood of successful financing.
  • Investor Interest: Affiliate Double Zero Capital has indicated interest in purchasing up to $50 million of notes in a concurrent private placement, reflecting confidence in Osisko's growth prospects.
  • Use of Proceeds: Osisko intends to use the proceeds for the development of the Cariboo Gold Project, capped call transactions, and general corporate purposes, demonstrating a strategic focus on future growth opportunities.
PRnewswire
8.5
05-13PRnewswire
Lake Victoria Gold Project Begins Drilling
  • Project Advancement: Lake Victoria Gold Ltd. has confirmed the mobilization of reverse circulation drill rigs to its Imwelo Gold Project in Tanzania, with a ~21-day sterilization drilling program set to commence in mid-May, aimed at supporting final infrastructure placement and accelerating project construction.
  • Funding Assurance: The company secured a binding term sheet for a gold loan facility of up to $25 million in April 2026, alongside a fully committed C$3.8 million convertible debenture financing, ensuring the project's funding needs and bolstering market confidence in its construction phase.
  • Gold Recovery Rates: Metallurgical work at the Imwelo Project has confirmed gold recovery rates of up to 97% using conventional methods, providing critical de-risking input for the projected low-capex open-pit operation, thereby enhancing the project's economic viability.
  • Regional Advantage: The Imwelo Project is situated in Tanzania's Lake Victoria Goldfield, which attracted approximately $9.79 billion in foreign investment, highlighting the region's significance in the global gold market, while the company is also advancing a toll-milling agreement with Nyati Resources, potentially opening new pathways for early cash flow.
Wall Street analysts forecast ODV stock price to rise
2 Analyst Rating
Wall Street analysts forecast ODV stock price to rise
2 Buy
0 Hold
0 Sell
Moderate Buy
Current: 0.000
sliders
Low
5.76
Averages
6.12
High
6.48
Current: 0.000
sliders
Low
5.76
Averages
6.12
High
6.48
Stifel
Buy
maintain
$8 -> $10
AI Analysis
2026-02-10
Reason
Stifel
Price Target
$8 -> $10
AI Analysis
2026-02-10
maintain
Buy
Reason
Stifel raised the firm's price target on Osisko Development to C$10 from C$8 and keeps a Buy rating on the shares.
RBC Capital
Harrison Reynolds
Outperform
maintain
$6 -> $7
2025-11-17
Reason
RBC Capital
Harrison Reynolds
Price Target
$6 -> $7
2025-11-17
maintain
Outperform
Reason
RBC Capital analyst Harrison Reynolds raised the firm's price target on Osisko Development to C$7 from C$6 and keeps an Outperform rating on the shares.
Unlock Full Analyst Thesis, Get the complete breakdown of rating reason for ODV
Unlock Now

Valuation Metrics

The current forward P/E ratio for Osisko Development Corp (ODV.N) is 23.98, compared to its 5-year average forward P/E of 1.53. For a more detailed relative valuation and DCF analysis to assess Osisko Development Corp's fair value, Click here.

Forward PE

The forward P/E ratio is a valuation metric that divides a company's current stock price by its estimated future earnings per share over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
N/A
5Y Average PE
1.53
Current PE
23.98
Overvalued PE
94.50
Undervalued PE
-91.44

Forward EV/EBITDA

The forward EV/EBITDA ratio is a valuation metric that divides a company's enterprise value (EV) by its estimated future earnings before interest, taxes, depreciation, and amortization (EBITDA) over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
N/A
5Y Average EV/EBITDA
-8.31
Current EV/EBITDA
-10.25
Overvalued EV/EBITDA
13.56
Undervalued EV/EBITDA
-30.17

Forward PS

The forward P/S ratio is a valuation metric that divides a company's current stock price by its estimated future sales (or revenue) per share over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
N/A
5Y Average PS
19.97
Current PS
40.91
Overvalued PS
61.59
Undervalued PS
-21.64

Financials

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Whales Holding ODV

G
GMT Capital Corp.
Holding
ODV
+9.07%
3M Return

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Frequently Asked Questions

What is Osisko Development Corp (ODV) stock price today?

The current price of ODV is 2.6885 USD — it has decreased -3.96

What is Osisko Development Corp (ODV)'s business?

Osisko Development Corp. is a continental North American gold development company focused on past-producing mining camps. Its projects include Cariboo Gold Project and Tintic Project. The Cariboo Gold Project is a 100% owned gold and silver project covers an area of over 192,000 hectares (ha) land package and it is located in British Columbia, Canada. The Tintic Project is an exploration and development stage precious and base metal property, located in western Utah County, 95 south of Salt Lake City. The Tintic Project encompasses the East Tintic District with 23 past-producing mines and includes the Trixie gold deposit, one of several gold and base metal targets, including porphyry, epithermal and carbonate targets within the project boundaries. Its James Bay Properties cover approximately 86,000 ha in northern Quebec Canada. Its exploration metals include lithium and precious metals.

What is the price predicton of ODV Stock?

Wall Street analysts forecast ODV stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for ODV is6.12 USD with a low forecast of 5.76 USD and a high forecast of 6.48 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.

What is Osisko Development Corp (ODV)'s revenue for the last quarter?

Osisko Development Corp revenue for the last quarter amounts to 2.21M USD, decreased

What is Osisko Development Corp (ODV)'s earnings per share (EPS) for the last quarter?

Osisko Development Corp. EPS for the last quarter amounts to 0.19 USD, decreased -170.37

How many employees does Osisko Development Corp (ODV). have?

Osisko Development Corp (ODV) has 118 emplpoyees as of June 01 2026.

What is Osisko Development Corp (ODV) market cap?

Today ODV has the market capitalization of 853.22M USD.