Osisko Development (ODV) AI Stock Analysis

• Market Cap: $475.55M
• Dividend Yield: N/A
• Average Volume (3M): 89.81K
• Price to Earnings (P/E): ―
• Beta (1Y): 1.45
• Revenue Growth: -90.67%
• EPS Growth: 42.62%
• Country: CA
• Employees: 100
• Sector: Basic Materials
• Sector Strength: 58
• Industry: Gold
• EPS (TTM): -0.35
• Shares Outstanding: 136,653,690
• 10 Day Avg. Volume: 86,024
• 30 Day Avg. Volume: 89,806
• PEG Ratio: N/A
• Price to Book (P/B): 0.00
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 0.00
• Enterprise Value/Market Cap: 0.55
• Enterprise Value/Revenue: 93.49
• Enterprise Value/Gross Profit: -839.65
• Enterprise Value/Ebitda: -3.04
• 1Y Price Target: $5.00
• Price Target Upside: 44.15% Upside
• Rating Consensus: Strong Buy
• Number of Analyst Covering: 5

• Rating: 57 Neutral
• Price Target: C$3.00 ▼(-13.54% Downside)

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.

Positive Factors

Financing

ODV is expected to earn stronger market valuations as the project moves into construction.

Production Growth

ODV's portfolio provides both near- and medium-term production growth potential.

Project Development

ODV shares are expected to revalue towards higher levels as the company delivers plans and financing for the Cariboo project in BC and the Trixie mine in Utah.

Negative Factors

Financial Risk

The senior secured credit facility is structured to accelerate project pre-construction activities and materially de-risk the Project.

Osisko Development Business Overview & Revenue Model

Company Description

Osisko Development Corp., a gold mining company, engages in the exploration, evaluation, and development of mining projects. The company's flagship project is the Cariboo Gold project covering an area of 2,071 square kilometers of mineral rights located in British Columbia, Canada. It also holds interest in James Bay Properties located in Québec, Canada; and San Antonio Gold Project and Guerrero Properties located in Guerrero, Mexico. The company is headquartered in Montreal, Canada.

How the Company Makes Money

Osisko Development generates revenue primarily through the sale of gold and other precious metals extracted from its mining operations. The company engages in the exploration and development of mineral properties, which involves significant investment in geological surveys, drilling, and feasibility studies to assess the viability of its projects. Key revenue streams include the direct sales of gold bullion and concentrate, as well as potential royalties and streaming agreements on its projects. Additionally, partnerships with other mining companies and stakeholders, along with strategic investments in joint ventures, contribute to its earnings by leveraging shared resources and expertise in the mining industry.

Osisko Development Financial Statement Overview

Summary

Osisko Development is grappling with financial difficulties, as evidenced by a negative gross profit and net income, declining revenues, and a reliance on external financing. These issues highlight operational inefficiencies and potential liquidity risks, resulting in a low score.

Income Statement

The income statement reveals a company struggling with profitability, indicated by negative gross profit and net income for the latest year. The gross profit margin is negative, and the net profit margin is also significantly negative, reflecting substantial net losses. Revenue has decreased from the previous year, highlighting a decline in sales performance. These factors suggest issues in operational efficiency and revenue generation, contributing to a low score.

Balance Sheet

The balance sheet shows a relatively stable equity position with a moderate debt-to-equity ratio. However, the return on equity is negative due to net losses, and the equity ratio indicates that equity forms a significant portion of the assets, which is generally positive. Despite these positives, the high liabilities and ongoing losses pose risks, leading to a moderate score.

Cash Flow

Cash flow analysis indicates challenges in generating positive free cash flow, with negative figures across the periods. Operating cash flow remains negative, leading to unfavorable cash flow to net income ratios. The company is heavily reliant on external financing to support its operations, reflecting potential liquidity risks. These factors contribute to a lower score.

Breakdown	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	4.56M	31.63M	64.05M	7.66M	0.00
Gross Profit	-518.00K	-887.00K	7.24M	-121.00K	-1.02M
EBITDA	-57.21M	-179.49M	-172.78M	-143.01M	1.73M
Net Income	-86.34M	-181.87M	-192.46M	-133.30M	-8.07M
Balance Sheet
Total Assets	856.90M	763.88M	968.20M	703.12M	802.14M
Cash, Cash Equivalents and Short-Term Investments	106.65M	43.45M	105.94M	33.41M	197.43M
Total Debt	46.64M	18.60M	19.09M	13.63M	2.04M
Total Liabilities	286.27M	178.69M	237.76M	118.92M	102.58M
Stockholders Equity	570.63M	585.19M	730.43M	584.20M	699.57M
Cash Flow
Free Cash Flow	-88.93M	-98.94M	-127.62M	-88.95M	-72.71M
Operating Cash Flow	-52.30M	-43.78M	-50.26M	-41.41M	-5.98M
Investing Cash Flow	-35.23M	-66.06M	-145.92M	-156.98M	-61.97M
Financing Cash Flow	145.47M	47.79M	254.53M	34.74M	257.62M

Osisko Development Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 3.47
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:ODV, the sentiment is Positive. The current price of 3.47 is above the 20-day moving average (MA) of 3.31, above the 50-day MA of 3.11, and above the 200-day MA of 2.50, indicating a bullish trend. The MACD of 0.09 indicates Negative momentum. The RSI at 61.68 is Neutral, neither overbought nor oversold. The STOCH value of 81.72 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for TSE:ODV.

Osisko Development Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
OGN	82 Outperform	C$103.29M	22.54	5.89%	―	33.96%	38.35%
MKO	76 Outperform	C$468.60M	13.17	39.70%	―	56.13%	98.44%
ELE	71 Outperform	C$498.90M	82.86	2.36%	―	109.11%	―
ODV	57 Neutral	$475.55M	―	-20.94%	―	-90.67%	42.62%
Sector *	44 Neutral	C$923.76M	-8.73	-0.23%	2.68%	20.48%	-40.65%
NFGC	―	$365.13M	―	-54.44%	―	―	―
IAU	50 Neutral	C$652.91M	―	-38.15%	―	-1.62%	-58.16%

Osisko Development Corporate Events

Osisko Development Reports Q2 2025 Results and Advances Cariboo Gold Project

Osisko Development Corp. reported its second-quarter 2025 financial results, highlighting a revenue increase from gold sales and the repayment of a term loan. The company released a feasibility study for its Cariboo Gold Project, projecting strong economic returns and significant gold production over a 10-year mine life. The company is actively pursuing financing options to support the construction of the Cariboo Gold Project, positioning itself for future growth in the gold 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.

Osisko Development Secures US$195 Million Financing for Cariboo Gold Project

Osisko Development Corp. has announced a US$195 million financing agreement, including a ‘bought deal’ private placement and a non-brokered private placement with a strategic investor. The funds will support the construction of the Cariboo Gold Project and general corporate purposes, positioning the company to advance its goal of becoming an intermediate gold producer. This financing, along with other financial arrangements, is expected to provide sufficient capital for the project, potentially enhancing the company’s market position and stakeholder value.

The most recent analyst rating on (TSE:ODV) stock is a Buy with a C$5.00 price target. To see the full list of analyst forecasts on Osisko Development stock, see the TSE:ODV Stock Forecast page.

Osisko Development Files Feasibility Study for Cariboo Gold Project

Osisko Development Corp. has filed a NI 43-101 feasibility study technical report for its Cariboo Gold Project in British Columbia, Canada. This report, prepared by independent consultants, supports the company’s previous announcement of an optimized feasibility study with significant after-tax net present value and internal rate of return, indicating a strong potential for profitability and growth in the gold 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.

Osisko Development Advances Tintic Payment and Engages Marketing Services

Osisko Development Corp. announced its intention to complete the third deferred payment for the Tintic Project acquisition by issuing common shares worth US$2.5 million to the sellers, pending approval from the TSX Venture Exchange. Additionally, the company has engaged Resource Stock Digest for a six-month marketing services agreement to enhance its investor relations and promotional activities, with the agreement also awaiting exchange approval.

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.

Osisko Development Announces Annual Incentive Awards Grant

Osisko Development Corp. has announced its annual grant of incentive awards, which includes stock options, restricted share units, and deferred share units as part of its regular compensation cycle. This initiative, aligned with the company’s Omnibus Plan, aims to enhance employee and director engagement and retention, potentially strengthening its operational capabilities and market position.

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.