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Osisko Development Reports Positive Ore Sorting Results for Cariboo Gold Project

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Osisko Development Reports Positive Ore Sorting Results for Cariboo Gold Project

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Osisko Development ( (TSE:ODV) ) just unveiled an announcement.

On July 7, 2025, Osisko Development Corp. announced positive results from its ore sorting testing program for the Cariboo Gold Project. The testwork, conducted on a larger scale than previous programs, showed gold recoveries and upgrade ratios consistent with the 2025 feasibility study parameters. Notably, the testing of a previously unassessed 6–10 mm size fraction demonstrated high gold recovery, suggesting potential for future optimization. These advancements could enhance the project’s operational efficiency and economic viability, benefiting stakeholders and strengthening the company’s position in the mining sector.

The most recent analyst rating on (TSE:ODV) stock is a Buy with a C$5.50 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 score is primarily influenced by significant financial challenges, including negative profitability and cash flow issues. However, technical analysis shows positive market momentum, and corporate events highlight potential growth opportunities, improving the overall outlook.

To see Spark’s full report on TSE:ODV stock, click here.

More about Osisko Development

Osisko Development Corp. operates in the mining industry, focusing on the exploration and development of gold projects. The company is primarily engaged in the Cariboo Gold Project, a feasibility-stage project located in the historic Wells-Barkerville mining camp of central British Columbia, Canada. The project spans approximately 186,740 hectares and includes 443 mineral titles, with significant exploration targets.

YTD Price Performance: 34.13%

Average Trading Volume: 81,268

Technical Sentiment Signal: Hold

Current Market Cap: C$421.6M

For an in-depth examination of ODV stock, go to TipRanks’ Overview page.

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