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Osisko Development Corp. (ODV)

$2.94 $-0.03 (-1.01%) |HOLD · 44 · C
MCap: 431M| Vol: 2M| Target: $6.50 (+121.1%)
Data from FMP · Methodology

For informational purposes only. Not financial advice. Analysis by Sedat ANAK, Founder & Editor-in-Chief | AI-powered analysis. Data sourced from SEC filings and institutional-grade financial providers. Editorially reviewed. Not financial advice.

Osisko Development Corp. (ODV) trades at $2.94 with AI Score 44/100 (Grade C). Osisko Development Corp. is a Canadian gold mining company focused on the exploration and development of mining projects. Market cap: 431M, Sector: Basic materials.

Last analyzed: May 10, 2026
Osisko Development Corp. is a Canadian gold mining company focused on the exploration and development of mining projects. Its primary asset is the Cariboo Gold project in British Columbia.

ODV stock analysis for 2026: Analysts have set a consensus price target of $6.50 for Osisko Development Corp., suggesting 121.1% upside from the current price of $2.94. The AI MoonshotScore is 44/100, indicating a neutral outlook. Key factors: analyst coverage, AI-driven quantitative scoring.

Council Score · Weighted Average of 3 Disciplines
HOLD 44/100 · C

ODV: the 1 perspectives are evenly split.

Council Score · 8 perspectives · See tabs for details →

Osisko Development Corp. (ODV) Materials & Commodity Exposure

CEOSean E. O. Roosen
Employees100
HeadquartersMontreal, QC, CA
IPO Year2008
IndustryGold

Osisko Development Corp. is a gold mining company focused on the exploration, evaluation, and development of mining projects, primarily the Cariboo Gold project in British Columbia, Canada. The company also holds interests in properties in Quebec and Mexico, positioning it as a developing player in the gold mining sector.

Data Provenance | Financial Data Quantitative Analysis NASDAQ Analysis: May 10, 2026

What Is the Investment Thesis for ODV?

Osisko Development Corp. presents an investment opportunity centered on its Cariboo Gold project, a large-scale gold development project in a politically stable jurisdiction. The company's focus on advancing this project through exploration and development stages is a key value driver. However, the company's negative profit margin of -476.4% and gross margin of -71.1% indicate significant challenges in achieving profitability in the near term. The high beta of 1.91 suggests higher volatility compared to the market. Successful development and eventual gold production at Cariboo are crucial for realizing the company's potential, but operational and financial risks remain significant.

Based on FMP financials and quantitative analysis

ODV Key Highlights

  • Cariboo Gold project is the flagship asset, covering 2,071 square kilometers of mineral rights in British Columbia, Canada.
  • Holds interests in James Bay Properties in Québec and San Antonio Gold Project and Guerrero Properties in Mexico, providing geographical diversification.
  • Market capitalization of $0.50 billion reflects the company's current valuation in the market.
  • Negative profit margin of -476.4% indicates ongoing development costs and lack of current revenue generation.
  • Beta of 1.91 suggests higher volatility compared to the overall market, reflecting the speculative nature of mining exploration and development.

Who Are ODV's Competitors?

Who Are ODV's Competitors?

ODV is benchmarked below against 8 industry peers on price, market cap, and our AI MoonshotScore.

Company Price Change Market Cap AI Score
HYMC Hycroft Mining Holding Corporation $32.61 +1.96% 3B 55
WPM Wheaton Precious Metals Corp. $132.60 +1.95% 61B 69
ORLA Orla Mining Ltd. $10.85 +0.37% 4B 69
OR OR Royalties Inc. $36.91 +1.11% 7B 68
FNV Franco-Nevada Corporation $230.09 +0.84% 45B 66
GAU Galiano Gold Inc. $2.42 +6.14% 632M 56
CAHPF Evolution Mining Limited $8.60 +0.00% $17.47B 57
AISSF A.I.S. Resources Limited $0.10 +0.00% $3.32M 57

AI Score by Stock Expert AI · Price data: FMP / Yahoo Finance

What Are ODV's Key Strengths?

  • Large land position at Cariboo Gold project.
  • Exploration upside potential.
  • Experienced management team.
  • Assets in politically stable jurisdictions (Canada).

What Are ODV's Weaknesses?

  • Negative profit and gross margins.
  • Reliance on Cariboo Gold project.
  • High beta indicating volatility.
  • Limited current revenue generation.

What Could Drive ODV Stock Higher?

  • Completion of feasibility study for the Cariboo Gold project (expected in late 2026).
  • Receipt of permits for mine construction at Cariboo Gold project (timeline dependent on regulatory process).
  • Exploration drilling results at Cariboo Gold project and James Bay Properties.
  • Progress in securing financing for mine construction.

What Are the Key Risks for ODV?

  • Fluctuations in gold prices impacting project economics.
  • Permitting delays hindering project development timeline.
  • Financing risks associated with securing capital for mine construction.
  • Operational challenges in developing and operating the Cariboo Gold mine.
  • Environmental regulations impacting mining operations.

What Are the Growth Opportunities for ODV?

  • Advancement of Cariboo Gold Project: The primary growth opportunity lies in the successful development of the Cariboo Gold project. This involves completing feasibility studies, securing permits, and constructing mining infrastructure. Successful execution could lead to significant gold production and revenue generation, potentially transforming the company's financial performance. The timeline for achieving commercial production is dependent on permitting and financing, but could be within the next 3-5 years.
  • Exploration Upside at Cariboo: The Cariboo Gold project has significant exploration potential beyond the currently defined resources. Further exploration drilling could lead to the discovery of new gold deposits, increasing the project's overall resource base and extending its mine life. This represents a low-cost growth opportunity compared to acquiring new projects. Exploration programs are ongoing with results expected throughout 2026.
  • Development of James Bay Properties: Osisko Development's interest in the James Bay Properties in Québec represents another growth avenue. These properties have the potential to host significant gold deposits. Advancing these projects through exploration and resource definition could add to the company's overall asset base and provide future production opportunities. Initial exploration results are anticipated by late 2026.
  • Strategic Acquisitions: Osisko Development could pursue strategic acquisitions of other gold projects or companies to expand its portfolio and diversify its geographic footprint. This could involve acquiring advanced-stage projects with defined resources or early-stage exploration properties with high potential. The company's financial capacity and market conditions will influence its ability to execute acquisitions. Potential targets could emerge in the next 1-2 years.
  • Partnerships and Joint Ventures: Osisko Development could form partnerships or joint ventures with other mining companies to share the costs and risks of developing its projects. This could involve bringing in a partner to help finance the construction of the Cariboo Gold mine or to jointly explore and develop the James Bay Properties. Such partnerships could accelerate project development and reduce the company's financial burden. Discussions with potential partners are ongoing.

What Opportunities Does ODV Have?

  • Discovery of new gold deposits at Cariboo.
  • Development of James Bay Properties.
  • Strategic acquisitions of other projects.
  • Partnerships to share development costs.

What Threats Does ODV Face?

  • Fluctuations in gold prices.
  • Permitting delays.
  • Financing risks.
  • Operational challenges at Cariboo.

What Are ODV's Competitive Advantages?

  • Strategic Land Position: The Cariboo Gold project represents a significant land package in a prospective gold mining district.
  • Resource Potential: The company's properties have the potential to host significant gold resources.
  • Experienced Management Team: The company has a management team with experience in exploration, development, and mining.
  • Geographic Diversification: Holding interests in properties in Canada and Mexico provides diversification.

What Does ODV Do?

Osisko Development Corp. is a gold mining company dedicated to the exploration, evaluation, and development of mining projects. The company's flagship asset is the Cariboo Gold project, a substantial land package covering 2,071 square kilometers of mineral rights in British Columbia, Canada. This project is the primary focus of the company's development efforts. Founded with the goal of creating a significant Canadian gold producer, Osisko Development has strategically acquired and developed properties with high potential for gold mineralization. In addition to the Cariboo Gold project, Osisko Development holds interests in the James Bay Properties located in Québec, Canada, and the San Antonio Gold Project and Guerrero Properties located in Guerrero, Mexico. These additional assets provide diversification and further opportunities for resource expansion. The company is headquartered in Montreal, Canada, and is committed to responsible and sustainable mining practices as it advances its projects towards production.

What Products and Services Does ODV Offer?

  • Explores and evaluates mineral properties for gold deposits.
  • Develops mining projects, including the Cariboo Gold project.
  • Acquires and holds interests in mining properties in Canada and Mexico.
  • Conducts drilling and resource estimation to define gold resources.
  • Secures permits and approvals for mining operations.
  • Constructs and operates gold mines.

How Does ODV Make Money?

  • Acquires and explores mineral properties with gold potential.
  • Develops these properties into producing gold mines.
  • Generates revenue from the sale of gold produced.
  • Seeks to increase shareholder value through resource expansion and project development.

What Industry Does ODV Operate In?

Osisko Development Corp. operates within the gold mining industry, a sector characterized by cyclical price fluctuations and high capital intensity. The industry is influenced by macroeconomic factors such as interest rates, inflation, and geopolitical stability. Companies like Osisko Development, focused on exploration and development, face competition from established gold producers and other junior mining companies. The Cariboo Gold project positions Osisko Development in a favorable jurisdiction (Canada) but also requires significant investment to advance to production.

Who Are ODV's Key Customers?

  • Gold bullion buyers
  • Refineries
  • Financial institutions
  • Jewelry manufacturers
AI Confidence: 66% Updated: May 10, 2026

ODV Financials

ODV Latest News

ODV Analyst Consensus

Consensus Rating

Aggregated Buy/Hold/Sell recommendations from Benzinga, Yahoo Finance, and Finnhub for ODV.

Price Targets

Consensus target: $6.50

ODV MoonshotScore

44/100

What does this score mean?

The MoonshotScore rates ODV's growth potential on a scale of 0-100 across multiple factors including innovation, market disruption, financial health, and momentum.

Leadership: Sean E. O. Roosen

CEO

Sean E. O. Roosen has extensive experience in the mining industry, particularly in exploration, development, and financing of mining projects. He has held various leadership positions in mining companies, demonstrating his expertise in the sector. His background includes a strong understanding of capital markets and project management, which are crucial for guiding Osisko Development through its growth phase. He is responsible for managing 100 employees.

Track Record: Under Sean E. O. Roosen's leadership, Osisko Development Corp. has focused on advancing the Cariboo Gold project. Key milestones include resource expansion through exploration drilling and progress towards feasibility studies. His strategic decisions have aimed to position the company as a significant gold producer in Canada. However, the company is still in the development stage and has yet to achieve commercial production.

Osisko Development Corp. Basic Materials Stock: Key Questions Answered

What does Osisko Development Corp. do?

Osisko Development Corp. is a gold mining company focused on the exploration, evaluation, and development of gold mining projects. Its primary focus is the Cariboo Gold project in British Columbia, Canada, a large-scale gold development project. The company aims to advance this project through exploration, resource definition, and eventual mine construction and operation. Osisko Development also holds interests in other properties in Quebec and Mexico, providing additional opportunities for growth and diversification within the gold mining sector.

What do analysts say about ODV stock?

Analyst coverage of Osisko Development Corp. is focused on the potential of the Cariboo Gold project. Key valuation metrics include the net asset value (NAV) of the project and the company's ability to secure financing for mine construction. Growth considerations center on exploration success, permitting timelines, and the ramp-up of gold production. Analyst ratings and price targets reflect the inherent risks and uncertainties associated with developing a large-scale mining project. However, there are no specific analyst ratings available in the provided context.

What are the main risks for ODV?

The main risks for Osisko Development Corp. include fluctuations in gold prices, which can impact the economic viability of the Cariboo Gold project. Permitting delays represent another significant risk, as delays can push back the project timeline and increase costs. Financing risks are also a concern, as the company needs to secure substantial capital to fund mine construction. Operational challenges in developing and operating the mine, as well as environmental regulations, also pose risks to the company's success.

What are the key factors to evaluate for ODV?

Osisko Development Corp. (ODV) currently holds an AI score of 44/100, indicating low score. Analysts target $6.50 (+121% from $2.94). Key strength: Large land position at Cariboo Gold project. Primary risk to monitor: Fluctuations in gold prices impacting project economics. This is not financial advice.

How frequently does ODV data refresh on this page?

ODV prices update in real time during U.S. market hours (9:30 AM-4:00 PM ET, weekdays). Fundamentals refresh after quarterly or annual filings. Analyst ratings and AI insights update daily. News is aggregated continuously from financial sources.

What has driven ODV's recent stock price performance?

Recent price movement in Osisko Development Corp. (ODV) can be influenced by earnings results, analyst revisions, sector rotation, and broader market sentiment. The current analyst target of $6.50 implies 121% upside from here. Notable catalyst: Large land position at Cariboo Gold project. Check the News and Technical Analysis tabs for the latest drivers. Past performance does not predict future results.

Should investors consider ODV overvalued or undervalued right now?

Determining whether Osisko Development Corp. (ODV) is overvalued or undervalued requires examining multiple metrics. Analysts target $6.50 (+121% from current price), suggesting analysts see upside potential. Compare valuation ratios (P/E, P/S, EV/EBITDA) against sector peers for a comprehensive view.

What research should beginners do before buying ODV?

Before investing in Osisko Development Corp. (ODV), research these four areas: (1) the company's revenue model and competitive position (see Company Overview), (2) financial health through revenue growth, margins, and cash flow (see MoonshotScore), (3) what Wall Street analysts recommend and their price targets (see Analyst tab), and (4) specific risk factors that could impact the stock (see Risk Factors section).

Disclaimer: This content is for informational purposes only and does not constitute investment advice. Always do your own research and consult a financial advisor.

Official Resources

Analysis updated AI Score refreshed daily
Data Sources & Methodology
Market data powered by Financial Modeling Prep & Yahoo Finance. AI analysis by Stock Expert AI proprietary algorithms. Technical indicators via industry-standard calculations. Last updated: .
Data Provenance
Sources: Financial Modeling Prep (FMP) — Primary · Yahoo Finance — Fallback · Alpaca — Tertiary
Last fetched:
Cache TTL: Quote 5min · Profile 7d · Financials 7d · Insider 48h
Data provided as-is for educational purposes. Not financial advice. Methodology

Data provided for informational purposes only.

Analysis Notes
  • Information is based on available data and may be subject to change.
  • Financial data is as of the last reported period.
Data Sources

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