ODV
Osisko Development Corp.Basic Materials·Gold
$2.80
$410M market cap
Revenue
$26.4M
Free Cash Flow
$-107.3M
Rev Growth
+0.0%
FCF Margin
-405.9%
P/FCF
--
EV/FCF
--
Fwd EV/EBITDA
--
Fair Value
--
Upside
--
Osisko Development Corp., a gold mining company, engages in the exploration, evaluation, and development of mining projects. The company's flagship project is the Cariboo Gold project covering an area of 2,071 square kilometers of mineral rights located in British Columbia, Canada. It also holds interest in James Bay Properties located in Québec, canada; and San Antonio Gold Project and Guerrero Properties located in Guerrero, Mexico. The company is headquartered in Montreal, Canada.
2-Year Price History
$2.69+33.2%
Quarterly Financials & Projections
Quarterly Waterfall (CAD M)
| Period | Rev | EBITDA | OpIn | NI | OCF | FCF | CapEx | Cash | Debt | Shares | ROIC | IntCov | EV/EBITDA | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Act | 2026-Q1 | 2.2 | -5.7 | -9.2 | 60.2 | 1.9 | -57.6 | -59.5 | 595.8 | 156.4 | 311.1 | -5.3% | -4.5x | -- |
| Act | 2025-Q4 | 24.2 | 69.1 | 24.2 | 66.0 | 11.9 | -49.7 | -61.6 | 421.9 | 144.4 | 255.1 | 26.1% | -- | -- |
Valuation & Metrics
Market Stats
Price$2.80
Market Cap$410M
Enterprise Value$126M
P/S Ratio21.4x
P/FCF--
EV/FCF--
FCF Margin (TTM)-405.9%
FCF Yield-19.0%
Dividend Yield (TTM)--
Annual Dilution0.0%
CurrencyUSD
TTM Financial Snapshot
Revenue$26.4M
Net Income$126.2M
Free Cash Flow$-107.3M
Revenue Growth (YoY)+0.0%
EBITDA Margin240.1%
Net Margin477.7%
FCF Margin-405.9%
CapEx % of Revenue458.3%
SBC % of Revenue0.0%
ROIC10.4%
WC Change % Rev79.0%
Interest Coverage49.9x
Forward Outlook & Risk
Short Interest
Short % of Float--
Short Shares7.4M
Days to Cover4.0
Change (vs Prior)-19.3%
Need at least 2 settlement dates for chart
Employees
Headcount100
Revenue / Employee$264,240
Gross Profit / Employee$189,350
Institutional Ownership
Headline & net flow
NEUTRAL
Net flow · —still filing
No float data — flow unavailable.
Ownership composition
Active
104.3%(+91.1% YoY)
82 filers
hedge / family / endowment
Retail funds
—
Fidelity, Schwab, 401(k)
Passive
0.5%(+0.5% YoY)
1 filers
Vanguard, iShares, SPDR
Market makers
0.6%(+0.6% YoY)
4 filers
Citadel, Susquehanna
Insiders
—
Form 4 — latest per insider
ActiveRetail fundsPassiveMarket makersRetail direct
Top holders
| Fund | $ value | Cost basis | Δ QoQ | Δ YoY | α life | Fund AUM |
|---|---|---|---|---|---|---|
| Condire Management, LP | $81.4M | $2.43 | +$6.3M | +$40.6M | +2.2% | $1.03B |
| FRANKLIN RESOURCES INC | $33.6M | $3.23 | +$17.1M | +$25.4M | -0.2% | $403.03B |
| VAN ECK ASSOCIATES CORP | $32.5M | $3.31 | +$23.6M | +$32.5M | +0.8% | $133.17B |
| Amundi | $26.2M | $3.40 | +$3.4M | +$26.2M | -0.2% | $366.88B |
| Woodline Partners LP | $24.9M | $3.25 | +$24.9M | +$24.9M | -0.1% | $26.43B |
| PRINCIPAL FINANCIAL GROUP INC | $23.9M | $3.45 | +$3.8M | +$23.9M | -0.5% | $186.29B |
| FIL Ltd | $21.3M | $3.25 | +$21.3M | +$21.3M | +0.2% | $128.59B |
| TEACHER RETIREMENT SYSTEM OF TEXAS | $20.8M | $3.25 | +$20.8M | +$20.8M | +0.5% | $24.00B |
| SCHRODER INVESTMENT MANAGEMENT GROUP | $15.7M | $3.36 | +$4.2M | +$15.7M | -0.2% | $121.82B |
| Anson Funds Management LP | $12.6M | $2.74 | +$11.7M | +$913K | -2.2% | $758M |
| Invenomic Capital Management LP | $11.6M | $3.40 | +$4.4M | +$11.6M | -1.9% | $2.17B |
| GMT CAPITAL CORP | $10.2M | $3.11 | −$7.7M | +$7.5M | -0.4% | $2.19B |
| GOLDMAN SACHS GROUP INC | $9.9M | $3.36 | +$3.0M | +$9.6M | -0.2% | $760.93B |
| BANK OF MONTREAL /CAN/ | $8.5M | $3.48 | −$4.0M | +$8.5M | -0.1% | $234.58B |
| ROYAL BANK OF CANADA | $7.7M | $3.46 | +$7.7M | +$7.6M | -0.2% | $526.36B |
| Groupe la Francaise | $7.1M | $3.36 | +$2.6M | +$7.1M | +0.1% | $7.14B |
| Arbiter Partners Capital Management LLC | $6.8M | $3.32 | +$3.7M | +$6.7M | +0.5% | $147M |
| Nokomis Capital, L.L.C. | $6.5M | $3.39 | +$0 | +$6.5M | +2.9% | $331M |
| MORGAN STANLEY | $6.3M | $3.33 | +$2.8M | +$6.2M | -0.3% | $1.65T |
| TWO SIGMA INVESTMENTS, LP | $5.6M | $3.39 | +$1.5M | +$5.6M | -0.9% | $117.03B |
Cost basis is a volume-weighted estimate from accumulation periods within our 13F history; holders who built their position before our window started will show a stale basis. % above the cost basis is the unrealized gain at the current price.
Trading behavior
Smart-money alpha (lifetime, %/qtr)BULLISH
Holders
+0.31%
avg per quarter
Holders (ex-self)
+0.32%
excl. this stock
Buyers (this Q)
-0.00%
53 buyers · $0.17B in
Sellers (this Q)
-1.28%
17 sellers · $0.04B out
alpha coverage: 100% of $ has a lifetime-alpha record
Holder behavior on this stocksource: stock
On big dips (−10%+)
+23.3%
how holders react when this stock falls
On quiet Qs
+3.6%
−10% to +10% baseline
On rallies (+10%+)
+23.0%
how they react when this stock rises
Holders' portfolio flow this Q
+1.8%
inflows — adds are organic
Sellers' portfolio flow this Q
+4.9%
Sellers grew AUM elsewhere — opinionated cut of this stock.
▸ Compare to holder-profile behavior (across all their stocks)
Holder dip (any stock)
-1.3%
Holder mid (any stock)
-3.4%
Holder rally (any stock)
-4.8%
Biggest decreases this quarter
SPROTT INC.−$10.3Mα+1.7FMR LLCexited−$8.2MGMT CAPITAL CORP−$7.7Mα-0.4Vestcor Incexited−$6.1MBlack Maple Capital Management LPexited−$5.6MBANK OF MONTREAL /CAN/−$4.0Mα-0.1Equinox Partners Investment Management LLCexited−$1.9MQuantbot Technologies LPexited−$695KMARSHALL WACE, LLPexited−$581KWHITEBOX ADVISORS LLCexited−$580K
New buyers this quarter
Top-5 holders · 46.7%
Condire Management, LP--
FRANKLIN RESOURCES INC--
VAN ECK ASSOCIATES CORP--
Amundi--
Woodline Partners LP--
Top Holders Over Time
5-year share-count history (top 10 holders by peak, incl. exited) + price
hover the chart for per-quarter detailprice (right axis)
Condire Management, LP25.1MFRANKLIN RESOURCES INC10.4MVAN ECK ASSOCIATES CORP10.0MAmundi8.1MWoodline Partners LP7.7MAnson Funds Management LP3.9MPRINCIPAL FINANCIAL GROUP INC7.4MFIL Ltd6.6MTEACHER RETIREMENT SYSTEM OF TEXAS6.4MFMR LLC—
Analyst Coverage
Analyst Coverage
Analyst Ratings
2
Buy: 2Consensus: Buy
Corporate
Order Flow (FINRA, ~3w lag)
16.6%retail+0.0pp
19.2%dark-0.7pp
week of 2026-04-13
Off-exchange volume from FINRA. Retail = non-ATS (wholesaler PFOF + broker internalization). Dark = ATS (dark-pool crossing networks, institutional). Lit-exchange = remainder.