Osisko Development Corp. Announces Shareholders’ Meeting Outcomes

The latest announcement is out from Osisko Development ( (TSE:ODV) ).

Osisko Development Corp. held its annual and special shareholders’ meeting on May 7, 2025, where 58.9% of the total issued and outstanding common shares were voted. Key outcomes included the election of directors, re-appointment of PricewaterhouseCoopers LLP as the independent auditor, and approval of the company’s omnibus equity incentive plan, which supersedes existing stock option and restricted share unit plans. These decisions are expected to support the company’s strategic objectives and enhance its operational efficiency.

Spark’s Take on TSE:ODV Stock

According to Spark, TipRanks’ AI Analyst, TSE:ODV is a Neutral.

Osisko Development’s overall stock score is hindered by ongoing financial struggles, including negative profitability and liquidity risks. While technical analysis suggests some short-term strength, valuation remains a concern due to the negative P/E ratio. However, recent corporate milestones offer a more positive longer-term outlook.

To see Spark’s full report on TSE: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 in mining-friendly jurisdictions with district-scale potential. The company aims to become an intermediate gold producer by advancing its flagship Cariboo Gold Project in central British Columbia, Canada. It also has projects in Utah, USA, and Sonora, Mexico, with significant exploration potential and access to existing infrastructure.

Average Trading Volume: 85,167

Technical Sentiment Signal: Sell

Current Market Cap: C$371.6M

See more insights into ODV stock on TipRanks’ Stock Analysis page.