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Osisko Development ( (TSE:ODV) ) has issued an update.
Osisko Development Corp., a North American gold development company, announced a senior leadership change that underscores its emphasis on responsible mining and community engagement. The firm is advancing its flagship Cariboo Gold Project in British Columbia and the Tintic Project in Utah, positioning itself to become an intermediate gold producer through a pipeline of long-life assets in supportive jurisdictions.
On May 19, 2026, the company reported the appointment of Greg Perrins as Vice President, Sustainable Development, effective May 18, 2026, to bolster its sustainable project development strategy. Perrins brings more than 15 years of Indigenous relations and public-sector experience in British Columbia, a move expected to strengthen Osisko Development’s relationships with Indigenous Nations and regulators and support the social licence for its key gold projects.
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 held back primarily by weak financial performance, driven by ongoing losses and heavy negative free cash flow despite modest revenue growth and manageable leverage. Technicals are mixed with neutral momentum signals, while valuation looks relatively favorable due to the low P/E but is offset by no dividend yield.
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 past-producing mining camps with district-scale potential. Its main objective is to become an intermediate gold producer by advancing its fully permitted, 100%-owned Cariboo Gold Project in central British Columbia, supported by the Tintic Project in Utah as part of a pipeline of long-life assets in mining-friendly jurisdictions.
The company emphasizes disciplined capital allocation, active management of development risk and targeted growth of its mineral inventory. By concentrating on brownfield properties with existing infrastructure and extensive historical data, Osisko Development aims to accelerate project timelines while maintaining a strong focus on sustainability and responsible mining practices.
Average Trading Volume: 175,403
Technical Sentiment Signal: Sell
Current Market Cap: C$1.29B
See more data about ODV stock on TipRanks’ Stock Analysis page.