There are mixed opinions on the stock, with 0 analysts rating it as a “buy,” 0 rating it as “overweight,” 0 rating it as “hold,” and 0 rating it as “sell.”
The public float for ODV is 50.35M, and at present, short sellers hold a 0.09% of that float. The average trading volume of ODV on May 10, 2024 was 105.07K shares.
ODV) stock’s latest price update
Osisko Development Corp (NYSE: ODV)’s stock price has soared by 8.72 in relation to previous closing price of 1.72. Nevertheless, the company has seen a loss of -3.11% in its stock price over the last five trading days. Kitco reported 2023-08-09 that (Kitco News) – Sean Roosen, CEO and chair, Osisko Development Corp., said the recent joint-venture agreement between Osisko Mining and Gold Fields for the Windfall project in Quebec, including a CAD$300 million initial cash payment, is the best deal for OSK shareholders.
ODV’s Market Performance
ODV’s stock has fallen by -3.11% in the past week, with a monthly drop of -17.26% and a quarterly drop of -23.36%. The volatility ratio for the week is 7.73% while the volatility levels for the last 30 days are 6.93% for Osisko Development Corp The simple moving average for the past 20 days is -10.57% for ODV’s stock, with a -33.53% simple moving average for the past 200 days.
ODV Trading at -14.81% from the 50-Day Moving Average
After a stumble in the market that brought ODV to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -64.38% of loss for the given period.
Volatility was left at 6.93%, however, over the last 30 days, the volatility rate increased by 7.73%, as shares sank -23.36% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -7.88% lower at present.
During the last 5 trading sessions, ODV fell by -3.11%, which changed the moving average for the period of 200-days by -56.61% in comparison to the 20-day moving average, which settled at $2.0625. In addition, Osisko Development Corp saw -35.74% in overturn over a single year, with a tendency to cut further losses.
Stock Fundamentals for ODV
Current profitability levels for the company are sitting at:
- -1.66 for the present operating margin
- -0.09 for the gross margin
The net margin for Osisko Development Corp stands at -5.56. The total capital return value is set at -0.07. Equity return is now at value -25.09, with -18.63 for asset returns.
Based on Osisko Development Corp (ODV), the company’s capital structure generated 0.08 points at debt to capital in total, while cash flow to debt ratio is standing at -0.84. The debt to equity ratio resting at 0.08. The interest coverage ratio of the stock is -3.24.
Currently, EBITDA for the company is -30.98 million with net debt to EBITDA at 0.35. When we switch over and look at the enterprise to sales, we see a ratio of 6.75. The receivables turnover for the company is 11.39for trailing twelve months and the total asset turnover is 0.04. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.85.
Conclusion
In summary, Osisko Development Corp (ODV) has had a bad performance as of late. Analysts have mixed opinions on the stock, with some viewing it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
