(ODV) Osisko Development - Overview
Sector: Basic Materials | Industry: Gold | Exchange: NYSE (USA) | Market Cap: 847m USD | Total Return: 43.7% in 12m
Avg Turnover: 4.29M
Rev. Trend: -36.2%
Warnings
Share dilution 127.7% YoY
Interest Coverage Ratio -7.5 is critical
Beneish M-Score 1.00 > -1.5 - likely earnings manipulation
Volatile
Tailwinds
No distinct edge detected
Osisko Development Corp. (ODV) is a Canadian mining company focused on the acquisition and development of precious and base metal properties across North America. Its primary operations are located in Canada, the United States, and Mexico, targeting deposits of gold, silver, lithium, copper, lead, and zinc. The company’s central asset is the Cariboo Gold Project in British Columbia, a massive land package comprising over 400 mineral titles.
The company operates within the junior mining sector, a capital-intensive industry where value is typically driven by the progression of assets from exploration through to feasibility and production. Unlike senior producers, developers like Osisko often manage portfolios of marketable securities to provide additional liquidity and strategic flexibility during the development phase. Investors looking for deeper fundamental metrics can find comprehensive data on ValueRay to assist in their due diligence.
- Cariboo Gold Project permitting and construction milestones dictate long-term production growth
- Gold price volatility directly impacts valuation of core precious metal assets
- Financing requirements for project development influence share dilution and balance sheet
- Operational progress at Tintic Project affects near-term silver and gold output
- Marketable securities portfolio performance fluctuates with broader junior mining sector health
| Net Income: -71.5m TTM > 0 and > 6% of Revenue |
| FCF/TA: -0.10 > 0.02 and ΔFCF/TA 2.51 > 1.0 |
| NWC/Revenue: 944.6% < 20% (prev -1.54k%; Δ 2.49k% < -1%) |
| CFO/TA -0.01 > 3% & CFO -10.6m > Net Income -71.5m |
| Net Debt/EBITDA: error (EBITDA <= 0) |
| Current Ratio: 2.37 > 1.5 & < 3 |
| Outstanding Shares: last quarter (311.1m) vs 12m ago 127.7% < -2% |
| Gross Margin: 61.46% > 18% (prev -0.11%; Δ 6.16k% > 0.5%) |
| Asset Turnover: 3.25% > 50% (prev 0.34%; Δ 2.91% > 0%) |
| Interest Coverage Ratio: -7.53 > 6 (EBITDA TTM -125.6m / Interest Expense TTM 17.4m) |
| A: 0.24 (Total Current Assets 615.2m - Total Current Liabilities 259.2m) / Total Assets 1.50b |
| B: -0.47 (Retained Earnings -709.0m / Total Assets 1.50b) |
| C: -0.11 (EBIT TTM -130.8m / Avg Total Assets 1.16b) |
| D: 1.85 (Book Value of Equity 956.0m / Total Liabilities 517.6m) |
| Altman-Z'' = 1.20 = BB |
| DSRI: 0.26 (Receivables 5.35m/1.54m, Revenue 37.7m/2.79m) |
| GMI: 1.00 (fallback, negative margins) |
| AQI: 1.73 (AQ_t 0.11 / AQ_t-1 0.07) |
| SGI: 13.50 (Revenue 37.7m / 2.79m) |
| TATA: -0.04 (NI -71.5m - CFO -10.6m) / TA 1.50b) |
| Beneish M = 5.71 (Cap -4..+1) = D |
As of May 29, 2026, the stock is trading at USD 2.73 with a total of 2,436,379 shares traded.
Over the past week, the price has changed by -7.14%,
over one month by -10.49%,
over three months by -42.65% and
over the past year by +43.68%.
Osisko Development has no consensus analysts rating.
| Analysts Target Price | 6.5 | 138.1% |
Market Cap CAD = 1.17b (847.1m USD * 1.3781 USD.CAD)
P/E Forward = 23.9808
P/S = 22.4749
P/B = 1.1484
Revenue TTM = 37.7m CAD
EBIT TTM = -130.8m CAD
EBITDA TTM = -125.6m CAD
Long Term Debt = 148.7m CAD (from longTermDebt, last quarter)
Short Term Debt = 7.30m CAD (from shortTermDebt, last quarter)
Debt = 157.0m CAD (from shortLongTermDebtTotal, last quarter) + Leases 616k
Net Debt = -438.8m CAD (calculated: Debt 157.0m - CCE 595.8m)
Enterprise Value = 728.6m CAD (1.17b + Debt 157.0m - CCE 595.8m)
Interest Coverage Ratio = -7.53 (Ebit TTM -130.8m / Interest Expense TTM 17.4m)
EV/FCF = -4.67x (Enterprise Value 728.6m / FCF TTM -156.2m)
FCF Yield = -21.43% (FCF TTM -156.2m / Enterprise Value 728.6m)
FCF Margin = -414.3% (FCF TTM -156.2m / Revenue TTM 37.7m)
Net Margin = -189.6% (Net Income TTM -71.5m / Revenue TTM 37.7m)
Gross Margin = 61.46% ((Revenue TTM 37.7m - Cost of Revenue TTM 14.5m) / Revenue TTM)
Gross Margin QoQ = 69.69% (prev 71.84%)
Tobins Q-Ratio = 0.49 (Enterprise Value 728.6m / Total Assets 1.50b)
Interest Expense / Debt = 11.06% (Interest Expense 17.4m / Debt 157.0m)
Taxrate = 21.0% (US default 21%)
NOPAT = -103.4m (EBIT -130.8m * (1 - 21.00%)) [loss with tax shield]
Current Ratio = 2.37 (Total Current Assets 615.2m / Total Current Liabilities 259.2m)
Debt / Equity = 0.16 (Debt 157.0m / totalStockholderEquity, last quarter 983.9m)
Debt / EBITDA = 3.49 (negative EBITDA) (Net Debt -438.8m / EBITDA -125.6m)
Debt / FCF = 2.81 (negative FCF - burning cash) (Net Debt -438.8m / FCF TTM -156.2m)
Total Stockholder Equity = 674.4m (last 4 quarters mean from totalStockholderEquity)
RoA = -6.17% (Net Income -71.5m / Total Assets 1.50b)
RoE = -5.17% (Net Income TTM -71.5m / Total Stockholder Equity 1.38b)
RoCE = -8.54% (EBIT -130.8m / Capital Employed (Equity 1.38b + L.T.Debt 148.7m))
RoIC = -10.58% (negative operating profit) (NOPAT -103.4m / Invested Capital 976.9m)
WACC = 9.85% (E(1.17b)/V(1.32b) * Re(10.0%) + D(157.0m)/V(1.32b) * Rd(11.06%) * (1-Tc(0.21)))
Discount Rate = 10.0% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 98.88 | Cagr: 78.83%
[DCF] Fair Price = unknown (Cash Flow -156.2m)
EPS Correlation: N/A | EPS CAGR: N/A | SUE: N/A | # QB: 0
Revenue Correlation: -36.22 | Revenue CAGR: -32.30% | SUE: N/A | # QB: 0