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Osisko Development ( (TSE:ODV) ) has shared an update.
On July 21, 2025, Osisko Development Corp. entered into a credit agreement involving Barkerville Gold Mines Ltd. as the borrower, with Appian ODV (Jersey) Ltd. and other lenders providing the facility. This agreement is aimed at financing the development, construction, and working capital requirements of a project, as well as covering general corporate and administrative expenses. The arrangement underscores Osisko Development’s strategic financial planning and its commitment to advancing its projects, potentially strengthening its position in the mining sector.
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.
The overall stock score reflects a mix of significant financial challenges and positive technical and corporate developments. The company’s financial performance is a major concern, with negative profitability and cash flow issues. However, the stock’s technical indicators are strong, and recent corporate events suggest potential for future growth, balancing the overall score.
To see Spark’s full report on TSE:ODV stock, click here.
More about Osisko Development
Average Trading Volume: 91,137
Technical Sentiment Signal: Hold
Current Market Cap: C$485.1M
For a thorough assessment of ODV stock, go to TipRanks’ Stock Analysis page.