tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Osisko Development Reports Promising Drilling Results at Cariboo Gold Project

Story Highlights
Osisko Development Reports Promising Drilling Results at Cariboo Gold Project

Claim 50% Off TipRanks Premium and Invest with Confidence

Osisko Development ( (TSE:ODV) ) has issued an update.

On December 15, 2025, Osisko Development Corp. announced the results of its ongoing infill drilling program at the Cariboo Gold Project. The program, which began in August 2025, has completed 5,983 meters of drilling, representing 44% of the planned 13,000 meters. The results have shown promising gold intercepts, such as 8.56 g/t Au over 8.5 meters and 130.32 g/t Au over 0.5 meters, indicating potential for upside mineralization in new areas. This drilling is expected to refine production designs and enhance the understanding of vein corridor geometries, with the program set to conclude in Q1 2026.

The most recent analyst rating on (TSE:ODV) stock is a Buy with a C$9.00 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.

Osisko Development’s overall stock score is primarily impacted by its poor financial performance, characterized by negative profitability and liquidity issues. However, positive technical indicators and promising corporate events, such as successful drilling results, provide some optimism for future growth potential.

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 located in central British Columbia, Canada, which is a significant focus of their operations.

YTD Price Performance: 142.61%

Average Trading Volume: 152,762

Technical Sentiment Signal: Hold

Current Market Cap: C$1.42B

Find detailed analytics on ODV stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1