Osisko Development Corp [ODV] moved down -8.78: Why It’s Important

Edison Baldwin

Osisko Development Corp [NYSE: ODV] price plunged by -8.78 percent to reach at -$0.33.

A sum of 4324499 shares traded at recent session while its average daily volume was at 1.16M shares. Osisko Development Corp shares reached a high of $3.79 and dropped to a low of $3.35 until finishing in the latest session at $3.43.

Guru’s Opinion on Osisko Development Corp [ODV]:

The Price to Book ratio for the last quarter was 1.33, with the Price to Cash per share for the same quarter was set at 0.14.

ODV Stock Performance Analysis:

Osisko Development Corp [ODV] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 3.31. With this latest performance, ODV shares gained by 7.86% in over the last four-week period, additionally plugging by 131.76% over the last 6 months – not to mention a rise of 110.43% in the past year of trading.

Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for ODV stock in for the last two-week period is set at 57.30, with the RSI for the last a single of trading hit 0.23, and the three-weeks RSI is set at 0.19 for Osisko Development Corp [ODV]. The present Moving Average for the last 50 days of trading for this stock 2.89, while it was recorded at 3.55 for the last single week of trading, and 2.05 for the last 200 days.

Insight into Osisko Development Corp Fundamentals:

Operating Margin for any stock indicates how profitable investing would be, and Osisko Development Corp [ODV] shares currently have an operating margin of -1051.70% and a Gross Margin at -636.61%. Osisko Development Corp’s Net Margin is presently recorded at -1899.85%.

Osisko Development Corp (ODV) Capital Structure & Debt Analysis

According to recent financial data for Osisko Development Corp. ( ODV), the Return on Equity (ROE) stands at -25.37%, highlighting a negative impact on investor capital. The Return on Assets (ROA) is -17.13%, reflecting the company’s efficiency in generating profits from its assets. Additionally, Osisko Development Corp’s Return on Invested Capital (ROIC) is -26.78%, showcasing its effectiveness in deploying capital for earnings.

Osisko Development Corp (ODV) Efficiency & Liquidity Metrics

Based on Osisko Development Corp’s (ODV) latest financial statements, the Debt-to-Equity Ratio is 0.09%, indicating its reliance on debt financing relative to shareholder equity.

Osisko Development Corp (ODV) Efficiency & Liquidity Metrics

From an operational efficiency perspective, Osisko Development Corp. (ODV) effectively leverages its workforce, generating an average of -$964000.0 per employee. The company’s liquidity position is robust, with a Current Ratio of 0.39% and a Quick Ratio of 0.34%, indicating strong ability to cover short-term liabilities.

Osisko Development Corp [ODV] Institutonal Ownership Details

There are presently around $16.75%, or 24.14%% of ODV stock, in the hands of institutional investors. The top three institutional holders of ODV stocks are: FMR LLC with ownership of 3.51 million shares, which is approximately 4.1414%. EQUINOX PARTNERS INVESTMENT MANAGEMENT LLC, holding 1.61 million shares of the stock with an approximate value of $$2.99 million in ODV stocks shares; and EQUINOX PARTNERS INVESTMENT MANAGEMENT LLC, currently with $$2.13 million in ODV stock with ownership which is approximately 1.3491%.

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