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Osisko Development Halts Cariboo Operations After Contractor Fatality

Story Highlights
  • Osisko Development reported a contractor’s fatal injury at Cariboo Gold on January 22, 2026.
  • The company has temporarily suspended Cariboo operations while authorities investigate the incident.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Osisko Development Halts Cariboo Operations After Contractor Fatality

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An update from Osisko Development ( (TSE:ODV) ) is now available.

On January 22, 2026, a contractor working at surface at Osisko Development Corp.’s Cariboo Gold Project in central British Columbia suffered a fatal injury in an isolated incident, prompting the company to immediately notify authorities and launch an investigation. Operations at the Cariboo Gold Project have been temporarily suspended while the incident is investigated, underscoring the operational and reputational importance of workplace safety for the company as it advances its flagship asset toward production.

The most recent analyst rating on (TSE:ODV) stock is a Hold with a C$5.00 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 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 TSE:ODV stock, click here.

More about Osisko Development

Osisko Development Corp. is a North American gold development company focused on past-producing mining camps in mining-friendly jurisdictions with district-scale potential. Its primary objective is to become an intermediate gold producer by advancing its fully permitted, 100%-owned Cariboo Gold Project in central British Columbia, while also progressing the Tintic Project in Utah, both brownfield assets with significant exploration potential, existing infrastructure and skilled local labour. The company aims to build long-life, socially and environmentally responsible mining operations while managing development risk and expanding its mineral resource base.

Average Trading Volume: 114,365

Technical Sentiment Signal: Hold

Current Market Cap: C$1.3B

For a thorough assessment of ODV stock, go to TipRanks’ Stock Analysis page.

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