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How to Buy Osisko Development Stock

Osisko Development Corp

Osisko Development is a gold company located in Quebec, Canada, which is part of the Basic Materials sector, and is traded under the ticker ODV on the NYSE exchange.

Osisko Development stock last closed at $2.21, down 0.9% from the previous day, and has decreased 59% in one year. It has underperformed other stocks in the Gold industry by 0.47 percentage points. Osisko Development stock is currently +18.18% from its 52-week low of $1.87, and -59.66% from its 52-week high of $5.48.

At the moment, there are 84.1M ODV shares outstanding. The market capitalization of ODV is $185.87M. In the last 24 hours, 74,152 ODV shares were traded.

How to Buy Osisko Development Stock

Not sure how to invest in Osisko Development stock? Here's how.
  1. Decide where to buy Osisko Development stock: You need to choose an online brokerage, but don't worry - we've researched dozens of online brokerages and apps to help you figure out where to buy Osisko Development stock.
  2. Open a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've selected.
  3. Deposit funds into your brokerage account: Pick your payment method and add your details.
  4. Evaluate Osisko Development stock: The Osisko Development ticker symbol is ODV. Is Osisko Development stock a good investment? Should you buy shares of ODV? How do ODV's underlying business fundamentals look? Do top analysts think Osisko Development is a good buy? Why has ODV's stock price moved recently? (Hint: Our stock research tools can help you figure out if ODV is a good stock to buy).
  5. Place your ODV buy order: Decide if you will purchase ODV shares at the current market price or use a limit order to purchase ODV shares at a given price.
  6. Monitor your ODV position: Create a watchlist to watch your new investment in Osisko Development stock.

Step 1: Decide where to buy Osisko Development stock

You need an online brokerage account to access the NYSE market and buy ODV shares.

A brokerage account allows you to buy and sell a number of financial instruments, such as stocks, bonds, mutual funds, and ETFs.

Our preferred brokerage: eToro

Based on our analysis, eToro is the best brokerage. Here's why:

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Step 2: Open a brokerage account

Now that you've chosen the best brokerage, you need to fill out some personal information so you are able to buy ODV stock today.

How to Open a New Investment Account on eToro

  1. Click here to get started.
    eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
  2. Enter your personal info to start your new brokerage account.
  1. Send your information by pressing the "Create Account" button.
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Step 3: Deposit funds into your brokerage account

Now that you've finished signing up on stock market apps, you can securely and quickly fund your account:

Check out this video walkthrough for more details transferring money into your brokerage account.

Get started with eToro today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Step 4: Evaluate Osisko Development stock

Once you have figured out the best place to buy Osisko Development stock, it's critical to research their stock before you invest, so you can comprehend the risk and upside.

Osisko Development shares quick numbers

ODV Price
$2.21
1w %
-9.43%
1y %
-59%
5y %
N/A
P/E
-1.36x
P/B
0.43x
P/S
7.84x
PEG
N/A
Revenue
$23.25M
Earnings
-$133.73M
Fore. Rev. Growth
366.13%
Fore. Earn. Growth
N/A
Market Cap
$185.87M
Next Earnings
May 7, 2024
Next Dividend
N/A

Osisko Development Due Diligence Checks

WallStreetZen was built to help average investors do more in-depth fundamental analysis.

You can view all of the due diligence checks on ODV's stock page.

Is ODV stock overvalued?

Investors use many financial metrics, analyses, models, and charts to gauge ODV's intrinsic value.

Using relative valuations measures:

  • ODV may be undervalued based on its P/B ratio of 0.43x, relative to Gold industry P/B ratio of 1.7x

You can do additional valuation analysis on ODV's stock here.

How do ODV Financials look?

Positive Financial Indicators:

  • There are more short-term assets than short-term liabilities on the ODV balance sheet.
  • ODV has a low debt to equity ratio of 0.31.

Negative Financial Indicators:

  • There are more long-term liabilities than short-term assets on the ODV balance sheet.
  • ODV profit margin has gone down from -300.5% to -575.1% in the past year.
  • ODV has cash burn of 85337500. It does not have enough cash and short-term investments to cover this.
  • ODV has $33.73M in cash and short term investments. This is not enough to cover its annual cash burn of $85.34M.

You can dive deeper into what analysts are projecting on the Osisko Development stock forecast page.

Metrics for Advanced ODV Traders

SMA10
2.32
SMA20
2.27
SMA50
2.25
SMA100
2.48
SMA200
2.99
MACD
-0.01
MACD Signal
0.01
MACD Histogram
-0.01
RSI
46.68
Stochastic %K
24.85
Stochastic %D
28.59
StochRSI %K
16.11
StochRSI %D
21.11

ODV Performance Metrics

Last year, ODV revenue was $23.25M. During the past two year, ODV's revenue has gone up by 99.32% per year. This was faster than the Gold industry average of 15.81%.

Dive into ODV's earnings and revenue performance here.

Who is buying/selling ODV?

Over the last year, insiders at ODV have not bought or sold any shares.

Research more about who owns ODV stock here.

Can I get consistent income from ODV stock?

No, Osisko Development doesn't provide an income stream by paying out dividends.

What do other investors have to say about ODV?

One of the primary reasons eToro is our favorite brokerage is because of its social trading community.

Click below to find out what other community members have to say.

Step 5: Place your ODV buy order

There are two primary options:

  • Market order: A market order is an order to buy or sell a security at the best price on the market.
    Market orders are mostly fine.
  • Limit order: A limit order lets you buy or sell a stock at a specific price (or better).
    If you want to make sure you're buying or selling at an exact price, use a limit order.

Hit the Open button and your broker will place the order.

If you need more help with buying stocks on eToro, click the helpful video below:

Open eToro Account

Step 6: Monitor your ODV position

Now that you own some shares in ODV, you'll want to stay up-to-date on your new investment.

Create a watchlist to monitor your ODV stock.

ODV Feed

How to Buy Stock in Osisko Development

To reiterate, here are the 6 steps you need to take to buy Osisko Development stock right now:

  1. Decide where to buy Osisko Development stock
  2. Open a brokerage account
  3. Deposit funds into your brokerage account
  4. Evaluate Osisko Development stock
  5. Place your ODV buy order
  6. Monitor your ODV position

If you require a place to buy stocks, eToro is our favorite venue.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

If you want to get the latest scoop on your investment in Osisko Development, click the button below.

NYSE: ODV
$2.21-0.02 (-0.9%)
Updated Apr 18, 2024
Open eToro Account
NYSE: ODV
$2.21-0.02 (-0.9%)
Updated Apr 18, 2024
Open eToro Account

FAQ

How much does it cost to buy one Osisko Development share?

As of Apr 18, 2024, it costs $2.21 to buy one share of Osisko Development stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $1, you can buy 0.452 shares of ODV.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

What is the best way to buy Osisko Development stock?

One way to place an order for Osisko Development stock is with a brokerage account.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.