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Osisko Development ( (TSE:ODV) ) just unveiled an announcement.
On October 17, 2025, Osisko Development Corp., through its subsidiary Barkerville Gold Mines Ltd., acquired 6,250,000 units of Falco Resources Ltd. for C$2,000,000 in a private placement. This acquisition increases Osisko’s holdings in Falco, reflecting its investment strategy and potential influence in the gold mining sector. The move is part of Osisko’s broader strategy to enhance its portfolio and strengthen its market position in the mining industry.
The most recent analyst rating on (TSE:ODV) stock is a Hold with a C$4.00 price target. To see the full list of analyst forecasts on Osisko Development stock, see the TSE:ODV Stock Forecast page.
Spark’s Take on TSE:ODV Stock
According to Spark, TipRanks’ AI Analyst, TSE:ODV is a Neutral.
The overall stock score is primarily influenced by financial performance challenges, including declining revenues and negative profitability. However, positive technical indicators provide some optimism, suggesting potential for price recovery. The valuation remains weak due to negative earnings.
To see Spark’s full report on TSE:ODV stock, click here.
More about Osisko Development
Osisko Development Corp. is a North American gold development company focused on advancing past-producing mining camps in mining-friendly jurisdictions. The company aims to become an intermediate gold producer, primarily through its flagship Cariboo Gold Project in British Columbia, Canada. It also has projects in Utah, USA, and Sonora, Mexico, which offer significant exploration potential and access to existing infrastructure.
YTD Price Performance: 97.39%
Average Trading Volume: 169,903
Technical Sentiment Signal: Hold
Current Market Cap: C$1.09B
Find detailed analytics on ODV stock on TipRanks’ Stock Analysis page.