Osisko Development Corp (TSE:ODV) has released an update.
Osisko Development Corp. reported diminished revenues of $1.8 million and gold sales of 619 ounces in Q1 2024, a decline from the previous year, alongside a $2.0 million cost of sales. The quarter also saw a significant corporate reshuffle with the resignation of Senior VP Francois Vézina and the procurement of a US$50 million credit facility to support the Cariboo Gold Project, which is moving forward with anticipated permit completions by Q3 2024.
For further insights into TSE:ODV stock, check out TipRanks’ Stock Analysis page.
