ODV
Basic MaterialsOsisko Development Corp. · Gold · $390M
What is Osisko Development Corp.?
Osisko Development Corp. is a small-cap gold mining company focused on exploring and developing mineral projects across Canada and Mexico. Its work centers on advancing early-stage assets toward production-ready status.
The company generates value by acquiring, exploring, and developing gold-bearing mineral properties rather than producing gold at commercial scale today. Revenue potential is tied to advancing projects through feasibility and permitting stages. Its flagship Cariboo Gold project in British Columbia spans a large land package, while additional interests in Québec and Guerrero, Mexico, broaden the exploration portfolio. The business model is capital-intensive and pre-revenue in nature.
Founded in 2008 and headquartered in Montreal, Canada, Osisko Development operates across multiple jurisdictions in North America.
- Cariboo Gold Project — flagship development asset in British Columbia
- James Bay Properties — exploration holdings in Québec
- San Antonio Gold Project — gold development asset in Guerrero, Mexico
- Guerrero Properties — additional mineral rights in Mexico
Is ODV a Good Stock to Buy?
UQS Score rates ODV as Poor overall, reflecting meaningful challenges across most evaluation pillars.
The one area where ODV shows relative resilience is the Risk pillar, which earns a Good label — suggesting the company's balance sheet or structural risk profile is not as alarming as its other metrics might imply for a pre-production miner.
Quality, Moat, and Growth all register as Weak, pointing to limited earnings power, no durable competitive advantage, and little near-term growth visibility. Valuation is rated Elevated, meaning the market may already be pricing in optimistic outcomes.
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Past performance does not guarantee future results. UQS Score is based on fundamental data and is not a buy/sell recommendation.
Does ODV pay dividends?
No — Osisko Development Corp. does not currently pay a dividend.
ODV does not pay a dividend, which is typical for pre-production mining developers. Capital is directed toward exploration drilling, project permitting, and advancing assets toward development milestones rather than returning cash to shareholders. Investors in this space generally seek returns through asset appreciation rather than income.
When does ODV report earnings?
Osisko Development Corp. reports financial results on a quarterly cadence, consistent with standard practice for TSX and US-listed equities.
As a development-stage company, ODV's quarterly results typically reflect exploration expenditures and administrative costs rather than operating revenue. Progress is better tracked through project milestones — drilling results, resource estimates, and permitting updates — than through traditional earnings metrics.
For the most recent quarterly results and project updates, visit Osisko Development Corp.'s investor relations page directly.
ODV Price History
-80.7% over 5Y
Monthly close, adjusted for stock splits and dividend reinvestment.
What if I invested in Osisko Development Corp.?
Based on Osisko Development Corp.'s historical closing prices, adjusted for stock splits and dividend reinvestment. Past performance does not guarantee future results. This is for informational purposes only and is not financial advice.
ODV Long-term Outlook
The fundamental outlook for ODV is shaped by the Weak Growth and Weak Quality pillar ratings, which together suggest limited near-term catalysts for financial improvement. The path to value creation depends heavily on advancing the Cariboo Gold project through permitting and toward a construction decision. The Elevated Valuation label adds a layer of caution — the current market price may leave little room for error if project timelines slip or capital requirements increase.
Growth drivers
- Advancing Cariboo Gold through permitting and feasibility milestones
- Potential resource expansion through ongoing exploration drilling
- Rising gold prices improving the economic case for development-stage assets
Key risks
- Pre-revenue model creates ongoing dependence on external capital raises
- Elevated Valuation leaves limited margin of safety if timelines extend
- Permitting, environmental, and jurisdictional risks across multiple countries
ODV vs Peers
ODV operates in a competitive field of junior and development-stage gold companies, each pursuing a different path to production.
THM is focused on its large-scale Livengood gold project in Alaska, representing a different jurisdictional and scale profile compared to ODV's Canadian and Mexican assets.
Caledonia Mining is an operating gold producer with producing assets in Africa, giving it a revenue-generating profile that contrasts with ODV's development-stage position.
New Found Gold is a Canadian exploration company known for high-grade drill results in Newfoundland, competing with ODV for investor attention in the junior gold space.
Frequently Asked Questions
What does Osisko Development Corp. do?
Osisko Development Corp. explores and develops gold mineral properties across Canada and Mexico. Its primary focus is the Cariboo Gold project in British Columbia, one of the largest gold development projects in Canada by land area. The company is pre-production, meaning it does not yet generate revenue from gold sales.
Does ODV pay dividends?
No, ODV does not pay a dividend. Development-stage mining companies typically reinvest all available capital into exploration and project advancement. Shareholders in companies like ODV generally seek returns through share price appreciation tied to project milestones rather than income distributions.
When does ODV report earnings?
Osisko Development reports on a quarterly cadence. Because it is a pre-production company, results focus on expenditures and project updates rather than revenue. For the latest filing dates and results, check the investor relations section of the company's official website.
Is ODV a good stock to buy?
UQS Score rates ODV as Poor, driven by Weak ratings across Quality, Moat, and Growth pillars, alongside an Elevated Valuation. The Risk pillar is the one relative bright spot. Whether ODV fits a portfolio depends on individual risk tolerance and conviction in the Cariboo Gold project's development timeline. See the full breakdown on UQS Score.
Is ODV overvalued?
The UQS Valuation pillar for ODV is rated Elevated, suggesting the current market price may reflect optimistic assumptions about project outcomes. For a pre-production miner with no revenue, valuation is inherently speculative and tied to future resource and production potential rather than current earnings.
How does ODV compare to its competitors?
Among peers like Caledonia Mining, International Tower Hill Mines, and New Found Gold, ODV is distinguished by the scale of its Cariboo Gold land package. However, unlike Caledonia Mining, ODV has not yet reached production. Each peer carries a different risk and stage profile, making direct comparison dependent on project-specific factors.
What is ODV's market cap bracket?
ODV is classified as a small-cap company. This places it in a segment of the market where liquidity can be lower and share price volatility higher than large- or mega-cap peers. Small-cap mining developers often experience amplified moves tied to project news and commodity price shifts.
Who founded Osisko Development Corp.?
Osisko Development Corp. was established in 2008. The company shares heritage with the broader Osisko group of companies, which has been a prominent name in Canadian gold exploration and development. Detailed founding history is publicly available through the company's official disclosures and investor materials.
Is ODV a long-term quality investment?
From a long-term quality standpoint, ODV's UQS profile — with Weak Quality, Moat, and Growth ratings — indicates the company has not yet demonstrated the financial characteristics associated with durable, high-quality businesses. Long-term potential is tied to successful project development rather than existing business fundamentals. Pro members can view the complete pillar analysis.
What is the main competitive advantage of Osisko Development Corp.?
ODV's primary asset is the scale and prospectivity of the Cariboo Gold project, one of the larger gold development land packages in British Columbia. However, the UQS Moat pillar rates as Weak, reflecting that development-stage miners generally lack the durable competitive advantages seen in producing companies with established cost structures.
What sector does ODV belong to?
ODV operates in the Basic Materials sector, specifically within gold exploration and development. This sector is sensitive to gold commodity prices, currency fluctuations, and capital market conditions — all of which can significantly influence the valuation and funding prospects of pre-production companies like ODV.
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Pro Analysis
ODV — Score History
| Date | UQS | Quality | Moat | Growth | Risk | Value | Change |
|---|---|---|---|---|---|---|---|
| May 24, 2026 | 16.3 | 0.0 | 4.0 | 25.2 | 68.2 | 0.0 | -6.0 |
| May 14, 2026 | 22.3 | 0.0 | 4.0 | 55.4 | 68.2 | 0.0 | +6.1 |
| May 11, 2026 | 16.2 | 0.0 | 4.0 | 25.3 | 67.8 | 0.0 | +4.6 |
| May 8, 2026 | 11.6 | 0.0 | 4.0 | 25.4 | 36.9 | 0.0 | -4.7 |
| May 6, 2026 | 16.3 | 0.0 | 4.0 | 25.4 | 67.8 | 0.0 | 0.0 |
| May 2, 2026 | 16.3 | 0.0 | 4.0 | 25.5 | 67.8 | 0.0 | +0.1 |
| Apr 22, 2026 | 16.2 | 0.0 | 4.0 | 25.3 | 67.8 | 0.0 | -0.9 |
| Apr 19, 2026 | 17.1 | 0.0 | 4.0 | 29.8 | 67.8 | 0.0 | 0.0 |
| Apr 16, 2026 | 17.1 | 0.0 | 4.0 | 29.6 | 67.8 | 0.0 | 0.0 |
| Apr 13, 2026 | 17.1 | 0.0 | 4.0 | 29.5 | 67.8 | 0.0 | +0.1 |
ODV — Pillar Breakdown
Quality
— 0.0/100 (25%)Osisko Development Corp. currently shows below-average quality metrics, suggesting challenges with profitability.
How effectively capital is deployed to generate returns.
Profitability relative to shareholders' equity.
Ability to convert revenue into operating profit.
Bottom-line profit as a share of revenue.
Free cash flow relative to market value.
Growth
— 25.2/100 (20%)Osisko Development Corp. faces growth headwinds with declining or stagnant revenue trends.
Revenue trajectory over the last twelve months.
Compound annual revenue growth rate over 3 years.
Year-over-year earnings per share growth.
Analyst consensus for future revenue growth.
Risk
— 68.2/100 (15%)Osisko Development Corp. maintains a reasonable risk profile with manageable debt levels.
Debt levels relative to earnings capacity.
Total debt relative to shareholder equity.
Short-term liquidity — ability to pay near-term obligations.
Earnings capacity relative to interest payments.
Valuation
— 0.0/100 (15%)Osisko Development Corp. appears expensively valued relative to its fundamentals and growth prospects.
Moat
— 4/100 (25%)Osisko Development Corp. operates in a highly competitive environment with limited sustainable advantages. The Moat pillar evaluates competitive advantages across five dimensions: Switching Costs, Network Effects, Cost Advantage, Intangible Assets, and Scale & Ecosystem. Sign in to customize moat ratings for ODV.
Score Composition
Financial Data
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How is the ODV UQS Score Calculated?
The UQS (Unified Quality Score) for Osisko Development Corp. is calculated using a proprietary 6-pillar framework with 29 financial metrics. Each pillar evaluates a different dimension on a 0–100 scale, then combines into a single weighted score. Scoring thresholds are calibrated per sector. Momentum is an optional Pro toggle — without it, you get the 5-pillar / 25-metric core shown below.
Quality (25%) measures profitability and capital efficiency — ROIC, ROE, margins, GP/Assets, and FCF Yield.
Moat (25%) assesses Osisko Development Corp.'s competitive advantages across switching costs, network effects, cost advantages, intangible assets, and ecosystem scale.
Growth (20%) tracks revenue trajectory and earnings momentum, combining historical results with analyst forward estimates.
Risk (15%) is inversely scored — lower leverage and strong balance sheet health result in higher scores.
Valuation (15%) measures whether Osisko Development Corp. is fairly priced using earnings yield, price-to-FCF, PEG ratio, and EV/EBITDA relative to sector peers.
Six investor-inspired presets are available, each with different pillar weights: Balanced, Buffett, Munger, Lynch, Cathie Wood, and Graham. The public score shown here uses the Balanced preset. Learn more in our FAQ.