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Osisko Development ( (TSE:ODV) ) just unveiled an announcement.
On August 15, 2025, Osisko Development Corp. entered into an Investor Rights Agreement with Double Zero Capital LP, following a subscription agreement where Double Zero Capital acquired 36,600,000 units of Osisko, including common shares and warrants. This acquisition represents approximately 15.4% of Osisko’s common shares, enhancing Double Zero Capital’s influence and involvement in Osisko’s strategic decisions. This move is likely to impact Osisko’s market positioning and stakeholder dynamics, providing the company with additional capital and strategic support.
The most recent analyst rating on (TSE:ODV) stock is a Hold with a C$4.00 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 TSE:ODV Stock
According to Spark, TipRanks’ AI Analyst, TSE:ODV is a Neutral.
The overall stock score is primarily influenced by financial performance challenges, including negative profitability and cash flow issues. However, positive technical indicators suggest some bullish momentum, partially offsetting the financial weaknesses. Valuation concerns due to negative earnings further weigh down the score.
To see Spark’s full report on TSE:ODV stock, click here.
More about Osisko Development
Osisko Development Corp. operates within the mining industry, focusing on the exploration and development of gold mining projects. The company is committed to advancing its portfolio of high-quality gold assets in North America.
Average Trading Volume: 102,317
Technical Sentiment Signal: Hold
Current Market Cap: C$687.7M
See more data about ODV stock on TipRanks’ Stock Analysis page.