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The latest announcement is out from Osisko Development ( (TSE:ODV) ).
Osisko Development Corp. announced the grant of 58,824 deferred share units to independent director Susan Craig, following her recent appointment to the board. This move aligns with the company’s incentive plan and reflects its commitment to strengthening its leadership team as it advances its strategic objectives in the gold development sector.
The most recent analyst rating on (TSE:ODV) stock is a Hold with a C$3.00 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.
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
Osisko Development Corp. is a North American gold development company focused on advancing past-producing mining camps in mining-friendly jurisdictions. The company aims to become an intermediate gold producer through projects like the Cariboo Gold Project in Canada, the Tintic Project in Utah, and the San Antonio Gold Project in Mexico. Their strategy emphasizes developing long-life, socially and environmentally responsible mining assets while minimizing development risk.
Average Trading Volume: 91,615
Technical Sentiment Signal: Hold
Current Market Cap: C$478.3M
See more data about ODV stock on TipRanks’ Stock Analysis page.