Osisko Development (OTCMKTS:RNGTF) Stock Price Down 0.8% – Time to Sell?

Shares of Osisko Development Corp. (OTCMKTS:RNGTFGet Free Report) were down 0.8% during trading on Tuesday . The company traded as low as $3.5250 and last traded at $3.53. Approximately 1,172,695 shares changed hands during mid-day trading, an increase of 2,612% from the average daily volume of 43,235 shares. The stock had previously closed at $3.56.

Osisko Development Stock Down 0.8%

The firm has a 50 day moving average of $3.48 and a 200-day moving average of $3.05.

Osisko Development Company Profile

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Osisko Development Corp is a Canadian mineral exploration and development company focused on acquiring and advancing gold projects in stable jurisdictions across Canada.

The company was originally incorporated as Virginia Mines Inc and, following a portfolio reorganization of Osisko Gold Royalties’ development assets, adopted the Osisko Development name in early 2020. Its flagship asset is the Cariboo District Gold Project in central British Columbia, a land package exceeding 1,030 square kilometres that hosts multiple deposits and exploration targets along prolific gold-bearing structures.

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