# Osisko Development share price (Osisko Development Corp., ODV)

> Osisko Development Corp.'s share price, valuation and earnings point in different directions. The next one or two quarters should make it clearer. ODV · Materials · Gold · data as of 9 July 2026. Page: https://www.sectoralpha.in/us/stocks/odv

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## Key numbers

- Price: $2.48 (+2.9% in a year)
- P/E: 141.3×, against its own history
- Revenue (Mar 2026): $2.2 M
- Profit (Mar 2026), incl. one-off: $32.2 M (one-off item, see below)
- Operating margin: −436.4%
- ROE: −23%, FY25

Biggest thing to watch: the price is not yet in a clear uptrend, so timing is the risk more than the business. ## What is the Osisko Development share price? Osisko Development Corp.'s share price was $2.48 at the close on 9 July 2026. That is 25.7% below its average price over the last 200 trading days. In the last 52 weeks it traded between $2 and $5, and at that close it sat 10% of the way up from that low. Over the past 13 weeks it has done worse than the S&P 500, and it has been behind for 12 weeks running. Over the last 1 year the share price moved +3% while the S&P 500 moved +21%, so it is behind the index over that whole period. It was last ahead over 13 weeks in the week of 17 April 2026. The chart above shows the 13-week comparison for every week. This page treats a rise as over when the price closes below its 200-day average on two Fridays in a row. ## What dividend does Osisko Development pay? Osisko Development Corp. pays no dividend. In the last 12 reported quarters it declared no dividend per share, so there is no payout history to chart and no yield to show. Companies like this usually keep their earnings in the business, so the cash-flow sections show where that cash goes. ## Which stock lists is Osisko Development on? Osisko Development is not in the Nasdaq 100, the S&P 500 or the Dow Jones 30, and is not on the US tech stocks list. ## Is Osisko Development profitable? Osisko Development Corp. earned $32.2 M of net profit in the Mar 2026 quarter. That quarter includes a one-off gain bigger than its revenue, so the comparison with last year does not reflect normal business. The full FY25 year was a loss of $159 M. That is 1,455.1% of the quarter's revenue. The same quarter a year earlier lost $15.8 M. 10 of the last 12 reported quarters were loss-making. Read this profit with care: at $32.2 M it is bigger than the quarter's whole revenue of $2.2 M. No business earns more than it takes in from sales, so this is a one-off item (for example a debt settlement, a tax write-back or an asset sale), not money the business earned. The underlying business is running at a −436.4% operating margin. The jump on last year, and any P/E built on this profit, come from the one-off, not from a real turn in earnings. ## How much revenue does Osisko Development make, and is it growing? Osisko Development Corp. reported $2.2 M of revenue in the Mar 2026 quarter. Over 4 years it has grown 46.7% a year on average. The last full year, FY25, came in at $35.5 M. The last four reported quarters add to $37.7 M. FY25 revenue was $35.5 M, +678.0% on the year before. Recent pace: the last four quarters grew +1,399.5% on average, against 46.7% a year over the longer run, so this year is growing faster than its own long-run rate. Is growth speeding up? Revenue over the last 12 months grew +726.6%, against +9.2% a year over the last 8 quarters (accelerating). ## How much of every $100 of sales does Osisko Development keep? Osisko Development Corp.'s operating margin was −436.4% in the Mar 2026 quarter. Across 5 years it has been between −2,054.1% and −230.4%. The latest quarter is within that range. Why the margin moved: operating margin changed +9,229.4 percentage points on the year while gross margin changed +31.2 points. So the gain came mostly from costs below the gross margin, such as staff and overheads, measured against sales. ## Is Osisko Development's profit turning into cash? Osisko Development Corp.'s cash-flow history is too short to judge how much of its profit turns into cash. In FY25 its operations used $25.0 M of cash, against −$159 M of profit. After $103 M of spending on assets, free cash was −$128 M: it spent more than its operations brought in. Cash-flow figures here are yearly, because quarterly cash statements are not published, so this section changes once a year. What to look at next: the main use of cash is spending on assets. The next section checks what that spending is building. ## Where does Osisko Development's cash go? Osisko Development Corp. does not report the customer, stock and supplier day counts a cash cycle needs, so this section looks at its spending on assets instead. It spent $221 M on assets over the last 3 years. Averaged over those years that is 207.8% of FY25 revenue a year. Nothing is estimated in place of the missing day counts, so no cash-cycle chart is drawn. Spending on assets: $221 M over the last 3 years. In short: the cash is going into new capacity, not getting stuck in the daily cycle. The question is whether the new capacity earns. ## What is Osisko Development's P/E ratio, and how does it compare with its own history? Osisko Development Corp.'s P/E is 141.3×, with too little history to compare. This compares the share price with the company’s own past. It does not say what the business is worth. In short: there is too little history to say whether the multiple is high or low for this company, so the earnings trend underneath matters more than the multiple. ## Is the Osisko Development business getting better or worse? Osisko Development Corp.'s business trend cannot be read yet. There are fewer than eight usable quarters of growth figures, so there is not enough history to read the trend. This is based on 12 quarters of 2 measures, with some gaps. Why it matters: with too little history, we say so rather than guess a direction. The latest quarter’s profit includes a one-off item bigger than the normal business, so the profit line is shown but does not count in this reading. The return figures here are yearly, not quarterly. They show level and direction only; they can support the growth lines but never decide the reading alone. There are fewer than eight usable quarters, so this page does not guess a direction from so little history. ## How much does Osisko Development earn on its capital? Osisko Development Corp. earned a ROE of −23% in FY25. That is up from a low of −31% in FY23. Its return on capital used (ROIC) is 11.3 percentage points below its cost of capital, so growth here does not yet pay for the capital it uses. It comes from a −449.5% net margin and 0.03× asset turnover (sales divided by assets). Why the return is what it is (FY25): a −449.5% net margin × 0.03× asset turnover × 1.85× leverage (assets divided by equity) ≈ −24.9% on equity. The margin does its share; borrowing is a big part of it. The key test, return on capital used minus the cost of capital: −1.3% − 10.0% = −11.3 percentage points. The 10.0% is an estimate of this company's own cost of capital. Read the sign and size of the gap, not the decimals. Negative: growth at these returns loses value until returns improve. The −1.3% ROIC above is the latest reading, as reported. The yearly chart below shows FY25 at −17.8%, and the quarterly chart works out each 12-month window from the quarterly figures, so the readings differ by date, not by method. ## Does Osisko Development have too much debt? Osisko Development Corp. has total debt of $156 M against shareholder equity of $981 M as of Mar 2026, so its debt is 0.16× its equity, which is very little. Year by year, that ratio went from 0.02 in FY21 to 0.21 in FY25. So the returns on this page come from the business, not from borrowed money. ## What is the Osisko Development shareholding pattern? 16.6% of Osisko Development Corp.'s tradable shares are in short positions, which are bets that the price will fall, so a large group of traders is betting against it. At normal trading volumes, closing those positions would take about 14.6 days. US companies do not publish a quarter-by-quarter list of owners, so this page uses short interest instead. It is a single reading at one point in time; we do not have its history. Why it is at this level: the figure does not say who holds the short positions or why, so we show the level without guessing the story. ## How far is Osisko Development from balance-sheet trouble? For Osisko Development Corp., the Z-score is 0.83. A Z-score above about 3 is safe and below about 1.8 signals danger, so this is in the danger zone. It estimates how far the balance sheet is from trouble; it is not a forecast of failure. Why it matters: a Z-score of 0.83 is inside the danger zone, so the balance sheet is a real risk. ## How does Osisko Development rank in its industry? There is no score against its industry: Osisko Development Corp. is not among the largest members shown in this industry comparison for Gold. The score ranks a company within its industry: each measure is scored against the other members. Without that group there is no score, so none is shown. ## Which companies is Osisko Development compared with? No sector comparison is shown here, not among the largest members shown in this industry comparison. ## Which companies are close to Osisko Development in size? Osisko Development is the 30th largest of 36 Gold companies on Sector Alpha by market value (scores of 3 November 2026). Just above it: DRDGOLD, Hycroft Mining Holding Corporation and i-80 Gold Corp. Just below it: Mako Mining Corp., Gold Royalty Corp. and Galiano Gold Inc. ### Gold companies close in size

1. [DRDGOLD Limited](https://www.sectoralpha.in/us/stocks/drd) $2 billion
2. [Hycroft Mining Holding Corporation](https://www.sectoralpha.in/us/stocks/hymc) $1.5 billion
3. [i-80 Gold Corp.](https://www.sectoralpha.in/us/stocks/iaux) $1.1 billion
4. Osisko Development Corp. $690 million
5. [Mako Mining Corp.](https://www.sectoralpha.in/us/stocks/mako) $637 million
6. [Gold Royalty Corp.](https://www.sectoralpha.in/us/stocks/groy) $612 million
7. [Galiano Gold Inc.](https://www.sectoralpha.in/us/stocks/gau) $497 million

[All 36 Gold companies, largest first](https://www.sectoralpha.in/us/sectors/gold#all-companies)

### Companies close in size in other industries

1. [Horizon Quantum Holdings Ltd.](https://www.sectoralpha.in/us/stocks/hq) $725 million · Software - Infrastructure
2. [SL Science Holding Limited](https://www.sectoralpha.in/us/stocks/slbt) $724 million · Biotechnology
3. Osisko Development Corp. $723 million
4. [Lufax Holding Ltd](https://www.sectoralpha.in/us/stocks/lu) $723 million · Credit Services
5. [FinVolution Group](https://www.sectoralpha.in/us/stocks/finv) $723 million · Credit Services

## What else do people ask about Osisko Development? ### What were Osisko Development's latest quarterly results? Osisko Development Corp. reported revenue of $2.2 M and net profit of $32.2 M for the Mar 2026 quarter. Earnings per share were $0.20. The operating margin was −436.4% (as of 9 July 2026). ### What is Osisko Development's market cap? Osisko Development Corp.'s market capitalisation is $690 M at a stock price of $2.48. Market cap is the share price times the number of shares, so it changes whenever the price moves (as of 9 July 2026). ### How is Osisko Development performing? Osisko Development Corp.'s latest readings are below. Over the past 13 weeks it has done worse than the S&P 500, for 12 weeks running. This describes what the data did, not a rating (as of 9 July 2026). ### Will Osisko Development's stock price go up? This page does not forecast Osisko Development Corp.'s stock price. What it shows instead: the stock price is $2.48. Nobody can reliably say which way a price will move, and this site does not try (as of 9 July 2026). ### Does Osisko Development have too much debt? Osisko Development Corp. has a moderate amount of debt: its debt is 0.49× its equity. A year-by-year history of its borrowings is not in our data, so this uses the latest reading. Keep that borrowing in mind when reading the returns on this page (as of 9 July 2026). ### Where is Osisko Development in its business cycle? Osisko Development Corp.'s FY25 operating margin was −230.4%, against a 5-year range of −2,054.1% to −230.4%: the middle of its own range, neither a peak nor a low. The latest quarter was −436.4%. Comparing margins with a company's own long history is a good way to see where it is in its cycle (as of 9 July 2026). ### What could break the Osisko Development story? Biggest thing to watch: the price is not yet in a clear uptrend, so timing is the risk more than the business. On price, this page treats a rise as over when the share price closes below its 200-day average on two Fridays in a row (as of 9 July 2026). ### Is Osisko Development a stock worth studying right now? What the numbers show: Osisko Development Corp.'s share price, valuation and earnings point in different directions. The next one or two quarters should make it clearer. The main open question: the next one or two quarters of results. Every number on this page is worked out by code from the published figures, with no forecasts and no price opinions (as of 9 July 2026). This is research, not advice. We’re not SEBI-registered.