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Osisko Development ( (TSE:ODV) ) has shared an update.
Osisko Development Corp. released its annual report for the fiscal year ending December 31, 2024, in accordance with the Fighting Against Forced Labour and Child Labour in Supply Chains Act. The report outlines the company’s efforts to prevent forced and child labor, including policy reviews, risk assessments, and employee training. Despite not identifying any incidents of forced or child labor, Osisko Development acknowledges the potential risks within its supply chain and emphasizes the importance of supplier engagement to mitigate these risks.
The most recent analyst rating on (TSE:ODV) stock is a Buy with a C$5.25 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.
Osisko Development’s overall stock score is heavily influenced by its financial struggles, with declining profitability and cash flow issues. However, strong technical momentum and positive corporate developments provide some optimism. The valuation remains a concern due to the negative P/E ratio and lack of dividend yield.
To see Spark’s full report on TSE:ODV stock, click here.
More about Osisko Development
Osisko Development Corp. is a Canadian corporation focused on redeveloping past-producing gold mines. The company operates in Canada, the United States, and Mexico, owning projects such as the Cariboo Gold Project in British Columbia, the Tintic Project in Utah, and the San Antonio Gold Project in Mexico. Osisko Development is committed to sustainable and ethical mining practices, collaborating with contractors for mine development and other operations.
YTD Price Performance: 45.65%
Average Trading Volume: 75,404
Technical Sentiment Signal: Hold
Current Market Cap: C$457.8M
See more insights into ODV stock on TipRanks’ Stock Analysis page.