Osisko Development (OTCMKTS:RNGTF) Stock Price Down 4.2% – Here’s Why

Osisko Development Corp. (OTCMKTS:RNGTFGet Free Report)’s stock price dropped 4.2% during mid-day trading on Tuesday . The company traded as low as $2.04 and last traded at $2.04. Approximately 143,727 shares changed hands during trading, an increase of 232% from the average daily volume of 43,235 shares. The stock had previously closed at $2.13.

Osisko Development Stock Performance

The company has a 50 day moving average price of $1.90 and a 200-day moving average price of $1.66.

About Osisko Development

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Osisko Development Corp., a gold mining company, engages in the exploration, evaluation, and development of mining projects. Its flagship project is the Cariboo Gold project covering an area of 2,071 square kilometers of mineral rights located in British Columbia, Canada. The company is based in Montreal, Canada.

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