Osisko Development (ODV) AI Stock Analysis

• Market Cap: $984.82M
• Dividend Yield: N/A
• Average Volume (3M): 214.50K
• Price to Earnings (P/E): ―
• Beta (1Y): 1.61
• Revenue Growth: -1.73%
• EPS Growth: 37.26%
• Country: CA
• Employees: 100
• Sector: Basic Materials
• Sector Strength: 58
• Industry: Gold
• EPS (TTM): -0.53
• Shares Outstanding: 239,615,780
• 10 Day Avg. Volume: 310,953
• 30 Day Avg. Volume: 214,504
• PEG Ratio: 0.05
• Price to Book (P/B): 0.53
• Price to Sales (P/S): 66.26
• P/FCF Ratio: -3.40
• Enterprise Value/Market Cap: 0.40
• Enterprise Value/Revenue: 35.24
• Enterprise Value/Gross Profit: -62.30
• Enterprise Value/Ebitda: -1.65
• 1Y Price Target: $8.50
• Price Target Upside: 52.36% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 2
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 57 Neutral
• Price Target: C$5.00 ▼(-10.39% Downside)

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.

Positive Factors

Cash Position

A strong cash position provides Osisko Development with the financial flexibility to invest in growth opportunities and manage operational challenges, supporting long-term stability.

Strategic Leadership

The addition of experienced leadership in exploration enhances Osisko's ability to identify and develop new mining opportunities, potentially driving future growth.

Project Advancement

Progress in the Cariboo Gold Project indicates a commitment to expanding production capacity, which could lead to increased revenues and market share over time.

Negative Factors

Negative Profitability

Persistent negative profitability suggests challenges in cost management and revenue generation, potentially impacting long-term financial health and investment appeal.

Reliance on External Financing

Dependence on external financing for operations indicates potential liquidity risks, which could constrain future growth and operational flexibility if not managed effectively.

Declining Revenues

A decline in revenues reflects challenges in maintaining sales performance, which could hinder the company's ability to invest in growth and improve profitability.

Osisko Development Business Overview & Revenue Model

Company Description

Osisko Development (ODV) is a Canadian-based mining company focused on the acquisition, exploration, and development of gold and other precious metal properties in North America. The company aims to leverage its extensive expertise in mining operations to create value through the development of high-quality assets, primarily in the mining-friendly regions of Canada. Osisko Development is known for its flagship project, the Cariboo Gold Project, which is expected to be a significant contributor to its growth in the gold mining sector.

How the Company Makes Money

Osisko Development generates revenue primarily through the mining and sale of gold and other precious metals. The company's revenue model centers on the development of its mining projects, where it invests in exploration, resource development, and production. Key revenue streams include the sale of gold produced from its mining operations, along with potential streams from joint ventures and partnerships with other mining companies. Additionally, Osisko Development may benefit from strategic alliances and partnerships that enhance its operational capabilities and market access, contributing to its overall earnings. The company also engages in the potential monetization of its mineral rights and royalties associated with its properties, adding further dimensions to its revenue generation strategy.

Osisko Development Financial Statement Overview

Summary

Osisko Development is facing significant financial challenges, with declining revenues, negative profitability, and reliance on external financing. The income statement shows negative gross and net profit margins, while the balance sheet reveals high liabilities and negative return on equity. Cash flow analysis indicates negative free cash flow and liquidity risks. These factors contribute to a low financial performance 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	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	11.27M	4.56M	31.63M	64.05M	7.66M	0.00
Gross Profit	-6.37M	-518.00K	-887.00K	7.24M	-121.00K	-1.02M
EBITDA	-240.93M	-57.21M	-176.33M	-172.78M	-143.01M	1.73M
Net Income	-250.83M	-86.34M	-181.87M	-192.46M	-133.30M	-8.07M
Balance Sheet
Total Assets	1.16B	856.90M	763.88M	968.20M	703.12M	802.14M
Cash, Cash Equivalents and Short-Term Investments	401.35M	106.65M	43.45M	105.94M	33.41M	197.43M
Total Debt	139.42M	46.64M	18.60M	19.09M	13.63M	2.04M
Total Liabilities	616.83M	286.27M	178.69M	237.76M	118.92M	102.58M
Stockholders Equity	546.67M	570.63M	585.19M	730.43M	584.20M	699.57M
Cash Flow
Free Cash Flow	-106.05M	-88.93M	-98.94M	-127.62M	-88.95M	-72.71M
Operating Cash Flow	-54.67M	-52.30M	-43.78M	-50.26M	-41.41M	-5.98M
Investing Cash Flow	-42.73M	-35.23M	-66.06M	-145.92M	-156.98M	-61.97M
Financing Cash Flow	452.63M	145.47M	47.79M	254.53M	34.74M	257.62M

Osisko Development Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 5.58
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Negative
• 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 5.58 is above the 20-day moving average (MA) of 4.83, above the 50-day MA of 4.73, and above the 200-day MA of 3.41, indicating a bullish trend. The MACD of 0.21 indicates Negative momentum. The RSI at 70.55 is Negative, neither overbought nor oversold. The STOCH value of 87.18 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
MKO	78 Outperform	C$676.93M	18.22	29.30%	―	45.36%	-14.35%
OGN	73 Outperform	C$128.81M	28.11	9.02%	―	39.37%	―
Sector *	61 Neutral	$10.43B	7.12	-0.05%	2.87%	2.86%	-36.73%
ELE	60 Neutral	C$486.67M	74.97	2.92%	―	131.18%	150.47%
ODV	57 Neutral	$984.82M	-3.59	-46.07%	―	-1.73%	37.26%
IAU	56 Neutral	C$1.00B	-3.01	-37.59%	―	70.93%	39.27%
NFG	43 Neutral	C$1.33B	―	-50.06%	―	―	28.06%

Osisko Development Corporate Events

Osisko Development Sells San Antonio Gold Project to Axo Copper

Osisko Development Corp. has entered into an agreement to sell its San Antonio Gold Project in Mexico to Axo Copper Corp. The transaction involves Osisko receiving a 9.99% stake in Axo and contingent payments based on future project milestones. This move aligns with Osisko’s strategy to focus on priority development assets, while Axo is expected to advance the San Antonio Project. The project has been in care and maintenance since 2023 and is not considered a material property for Osisko.

Osisko Development Reports Positive Infill Drilling Results at Cariboo Gold Project

Osisko Development Corp. has announced promising results from its ongoing 13,000-meter infill drilling program at the Cariboo Gold Project’s Lowhee Zone. The initial results, which include high-grade gold intercepts, demonstrate good continuity with modelled vein zones and planned stopes, underscoring the potential for expanding existing zones and delineating new ones. This systematic drilling effort aims to enhance resource modelling and optimize mine planning, potentially impacting future production strategies.

Osisko Development Reports Positive Drilling Results at Cariboo Gold Project

Osisko Development Corp. has announced promising results from its infill and exploration drilling at the Lowhee Zone of the Cariboo Gold Project, with significant gold intercepts indicating potential for resource expansion. The ongoing 13,000-meter infill drill program aims to enhance resource modeling and optimize mine planning, which could strengthen the company’s position in the gold mining sector and potentially benefit stakeholders through increased resource estimates.