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Osisko Development ( (TSE:ODV) ) just unveiled an announcement.
On April 28, 2025, Osisko Development Corp. announced the results of an optimized feasibility study for its Cariboo Gold Project, revealing robust economic potential with an after-tax NPV of C$943 million and an IRR of 22.1% at a base gold price of US$2,400/oz. The study highlights improvements such as a streamlined processing facility and a single-phase build, which are expected to enhance project economics and operational efficiency. The project is positioned to benefit from favorable gold price trends and is expected to create significant employment opportunities, with construction anticipated to begin in Q3 2025, subject to financing.
Spark’s Take on TSE:ODV Stock
According to Spark, TipRanks’ AI Analyst, TSE:ODV is a Neutral.
Osisko Development’s stock is rated low due to significant financial struggles, including declining revenues and ongoing losses. While technical indicators show some momentum, the valuation remains a concern with a negative P/E ratio. The positive corporate events, like the Cariboo Gold Project’s progress, provide some optimism, but the overall score reflects the need for improved financial health.
To see Spark’s full report on TSE:ODV stock, click here.
More about Osisko Development
Osisko Development Corp. operates within the mining industry, focusing on the exploration and development of gold projects. The company is primarily engaged in advancing its Cariboo Gold Project in British Columbia, Canada, which is a significant asset in their portfolio.
YTD Price Performance: 1.85%
Average Trading Volume: 389,854
Technical Sentiment Signal: Buy
Current Market Cap: $225.4M
For a thorough assessment of ODV stock, go to TipRanks’ Stock Analysis page.