Is Osisko Development Corp. (NYSE:ODV) a buy in 2026?
Yes, on balance. The Compass leans toward accumulating Osisko Development Corp. at current levels.
Pre-production gold developer with a permitted BC mine, a $2,400 spot tailwind, and an option-like setup into first pour.
Where ODV is headed
Picture Cariboo in mid-2027. First gold pour at the Quesnel-area mill, ramp toward a 200,000+ ounce annual run-rate, and a balance sheet finally severed from the dilution treadmill that has defined Osisko Development (NYSE:ODV) since the spin-out. That is the destination. Today's $753M market cap reflects a company that has been one of the worst-performing gold developers of the last cycle, trading at roughly 1x book while gold itself prints all-time highs above $2,400/oz. The disconnect is the entire trade.
Read the full Compass Direction on ODV
The complete destination call, the overlooked angle, milestones, and bull, base, and bear price scenarios (around $2.94).
See the full ODV analysisGet calls like this, free
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Frequently asked questions
Is Osisko Development Corp. (NYSE:ODV) a buy in 2026?
Yes, on balance. The Compass leans toward accumulating Osisko Development Corp. at current levels. Pre-production gold developer with a permitted BC mine, a $2,400 spot tailwind, and an option-like setup into first pour.
What is ODV's Compass Score?
Osisko Development Corp. scores 79/100 on Alexandria's Compass, placing it in the "True North" tier. Scores blend eight factors and update weekly.
What is the price target for ODV?
Alexandria's full Compass Direction includes bull, base, and bear price scenarios with the valuation math behind each. Read the full breakdown on the ODV page.
Compass verdicts are AI-generated, forward-looking editorial research from publicly available data, not investment advice or a recommendation regarding any security. Scores and verdicts update as the data changes.