Osisko Development (TSE:ODV) has released an update.
Osisko Development Corp reported its Q2 2024 financial results, with 805 ounces of gold sold and a revenue drop to $2.6 million from $10.8 million in Q2 2023. The company highlighted progress in their Cariboo Gold Project, expecting to complete permitting in Q3 2024, and continued exploration of its Tintic Project in Utah. Additionally, Osisko Development amended its credit agreement to extend the maturity date and reduce mandatory prepayment requirements, while also reporting a strategic review of its San Antonio Gold Project in Mexico.
For further insights into TSE:ODV stock, check out TipRanks’ Stock Analysis page.