Osisko Development Corp Stock Today

ODV Stock  CAD 2.52  0.02  0.80%   

Performance

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Odds Of Distress

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Osisko Development is selling for under 2.52 as of the 8th of November 2024; that is 0.80% increase since the beginning of the trading day. The stock's lowest day price was 2.47. Osisko Development has about a 21 % chance of experiencing some form of financial distress in the next two years of operation but has generated negative returns over the last 90 days. Equity ratings for Osisko Development Corp are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 19th of November 2022 and ending today, the 8th of November 2024. Click here to learn more.
Business Domain
Materials
Category
Basic Materials
Osisko Development Corp., a gold mining company, engages in the exploration, evaluation, and development of mining projects. It also holds interest in James Bay Properties located in Qubec, Canada and San Antonio Gold Project and Guerrero Properties located in Guerrero, Mexico. The company has 104.6 M outstanding shares of which 294.29 K shares are now shorted by private and institutional investors with about 12.23 days to cover all short positions. More on Osisko Development Corp

Osisko Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Osisko Development's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Osisko Development or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Business ConcentrationMetals & Mining, Materials, Basic Materials, Materials, Metals & Mining, Gold, Basic Materials (View all Sectors)
Osisko Development's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Osisko Development's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit.
Debt Levels
Osisko Development can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Osisko Development's financial leverage. It provides some insight into what part of Osisko Development's total assets is financed by creditors.
Liquidity
Osisko Development cash flow analysis is essential to understand how it generates and spends money over a specific period. It can also help you figure out where your money is going and how much cash you have available at a given moment. Osisko Development Corp has accumulated 11.82 M in total debt with debt to equity ratio (D/E) of 0.01, which may suggest the company is not taking enough advantage from borrowing. Osisko Development Corp has a current ratio of 3.92, suggesting that it is liquid and has the ability to pay its financial obligations in time and when they become due. Debt can assist Osisko Development until it has trouble settling it off, either with new capital or with free cash flow. So, Osisko Development's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Osisko Development Corp sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Osisko to invest in growth at high rates of return. When we think about Osisko Development's use of debt, we should always consider it together with cash and equity.

Total Cash From Financing Activities

45.4 Million
Osisko Development Corp (ODV) is traded on TSX Venture Exchange in Canada and employs 118 people. Osisko Development is listed under Metals & Mining category by Fama And French industry classification. The company currently falls under 'Small-Cap' category with a current market capitalization of 263.6 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Osisko Development's market, we take the total number of its shares issued and multiply it by Osisko Development's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Osisko Development Corp classifies itself under Metals & Mining sector and is part of Materials industry. The entity has 104.6 M outstanding shares of which 294.29 K shares are now shorted by private and institutional investors with about 12.23 days to cover all short positions. Osisko Development Corp has accumulated about 136.3 M in cash with (43.78 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.8.
Check Osisko Development Probability Of Bankruptcy
Ownership Allocation
Osisko Development owns a total of 104.6 Million outstanding shares. Osisko Development has significant amount of outstanding shares owned by insiders. An insider is usually defined as a CEO, other corporate executive, director, or institutional investor who own at least 10% of the company's outstanding shares. Since such a large part of the company is owned by insiders, it is advisable to analyze if each of these insiders have been buying or selling the stock in recent months. Please note that no matter how many assets the company maintains, if the real value of the company is less than the current market value, you may not be able to make money on it.
Check Osisko Ownership Details

Osisko Development Corp Risk Profiles

Although Osisko Development's alpha and beta are two of the key measurements used to evaluate Osisko Development's performance over the market, the standard measures of volatility play an important role as well.

Osisko Stock Against Markets

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Osisko Development Corporate Management

Elected by the shareholders, the Osisko Development's board of directors comprises two types of representatives: Osisko Development inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Osisko. The board's role is to monitor Osisko Development's management team and ensure that shareholders' interests are well served. Osisko Development's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Osisko Development's outside directors are responsible for providing unbiased perspectives on the board's policies.
BBA CACFO FinProfile
Eng BAScChief OfficerProfile
Sean EngNonIndependent CEOProfile
Martin MenardVicePres ConstructionProfile
Laurence FarmerVP CounselProfile

Additional Tools for Osisko Stock Analysis

When running Osisko Development's price analysis, check to measure Osisko Development's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Osisko Development is operating at the current time. Most of Osisko Development's value examination focuses on studying past and present price action to predict the probability of Osisko Development's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Osisko Development's price. Additionally, you may evaluate how the addition of Osisko Development to your portfolios can decrease your overall portfolio volatility.