Osisko Development Corp (NYSE:ODV) price on current trading day, rose 4.23% above its previous day’s close as an upside momentum from buyers pushed the stock’s value to $1.48.
A look at the stock’s price movement, the close in the last trading session was $1.42, moving within a range at $1.39 and $1.48. The beta value (5-Year monthly) was 1.159. Turning to its 52-week performance, $2.75 and $1.16 were the 52-week high and 52-week low respectively. Overall, ODV moved 1.02% over the past month.
Osisko Development Corp’s market cap currently stands at around $202.14 million, with investors looking forward to this quarter’s earnings report slated for in April.
Wall Street analysts have also projected the company’s year-on-year revenue to grow to 9.74M, representing a -69.21% decline on that reported in the last financial year.
Turning to the stock’s technical picture we see that short term indicators suggest on average that ODV is a 50% Sell. On the other hand, the stock is on average a 50% Sell as suggested by medium term indicators while long term indicators are putting the stock in 100% Sell category.
2 analyst(s) have given their forecast ratings for the stock on a scale of 1.00-5.00 for a strong buy to strong sell recommendation. A total of 0 analyst(s) rate the stock as a Hold, 2 recommend ODV as a Buy and 0 give it an Overweight rating. Meanwhile, 0 analyst(s) rate the stock as Underweight and 0 say it is a Sell. As such, the average rating for the stock is Buy which could provide an opportunity for investors keen on increasing their holdings of the company’s stock.
ODV’s current price about 9.14% and 0.70% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 57.37, while 7-day volatility ratio is 6.07% and 6.72% in the 30-day chart. Further, Osisko Development Corp (ODV) has a beta value of 0, and an average true range (ATR) of 0.09.
If we refocus on Osisko Development Corp (NYSE:ODV), historical trading data shows that trading volumes averaged 0.66 over the past 10 days and 203.01K over the past 3 months. The company’s latest data on shares outstanding shows there are 136.58 million shares.
The 25.59% of Osisko Development Corp’s shares are in the hands of company insiders while institutional holders own 11.74% of the company’s shares. Also important is the data on short interest which shows that short shares stood at 1.12 million on 2025-02-28, giving us a short ratio of 5.86. Current price change has pushed the stock -9.20% YTD, which shows the potential for further growth is there. It is this reason that could see investor optimism for the ODV stock continues to rise going into the next quarter.
