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Osisko Development ( (TSE:ODV) ) has issued an update.
Osisko Development Corp., a North American gold development specialist, aims to transition into an intermediate producer by advancing its fully permitted Cariboo Gold Project in British Columbia. The company also holds the Tintic Project in Utah, leveraging historic data and established infrastructure while focusing on long-life assets in supportive mining jurisdictions and strict capital discipline.
On March 16, 2026, Osisko Development announced it will be added to the VanEck Junior Gold Miners ETF (GDXJ) following the ETF’s semi-annual review on March 13, with inclusion effective at the close of trading on March 20, 2026. Management expects the GDXJ listing to enhance market visibility, liquidity, and investor access, underscoring the market’s recognition of progress in de-risking the Cariboo Gold Project and potentially strengthening the company’s standing among junior gold miners.
The most recent analyst rating on (TSE:ODV) stock is a Buy with a C$10.00 price target. To see the full list of analyst forecasts on Osisko Development stock, see the TSE:ODV Stock Forecast page.
Spark’s Take on ODV Stock
According to Spark, TipRanks’ AI Analyst, ODV is a Neutral.
The score is primarily held back by weak financial performance—large losses, negative gross profit, and sustained negative operating/free cash flow—despite a comparatively resilient balance sheet with low leverage. Technical indicators are mixed but slightly supportive (neutral RSI, mildly positive MACD, oversold stochastic), while valuation is difficult to assess because profitability is negative and no dividend yield is available.
To see Spark’s full report on ODV stock, click here.
More about Osisko Development
Osisko Development Corp. is a North American gold development company focused on reviving past-producing mining camps with district-scale potential. Its primary objective is to become an intermediate gold producer through its fully permitted, 100%-owned Cariboo Gold Project in central British Columbia, complemented by the Tintic Project in Utah, a brownfield asset with significant exploration upside and existing infrastructure.
The company concentrates on long-life gold mining assets in mining-friendly jurisdictions across Canada and the U.S. It emphasizes disciplined capital allocation, active management of development risk, and systematic growth of its mineral inventory to strengthen its future production profile and appeal to institutional and retail investors seeking exposure to the gold sector.
YTD Price Performance: 9.68%
Average Trading Volume: 220,607
Technical Sentiment Signal: Hold
Current Market Cap: C$1.3B
See more data about ODV stock on TipRanks’ Stock Analysis page.