RBC upgrades Osisko to Outperform as Cariboo project advances
Investing.com -- RBC (TSX:RY) Capital Markets has upgraded shares of Osisko (TSX:OSK) Development Corp (TSXV:ODV) to Outperform, citing reduced development risk at its flagship Cariboo project in British Columbia and imminent catalysts that could support a valuation re-rating. The upgrade comes despite underperformance in ODV shares over the past three years, as permitting, execution, and financing challenges weighed on sentiment.